In a letter to the Federal Reserve, 69 organizations called on the Fed to stop purchasing corporate debt from the fossil fuel sector through its COVID-19 emergency facilities.
A new report by Oil Change International and Rainforest Action Network (RAN) shows how major banks have continued pouring money into fracking companies in recent years despite numerous warnings that the sector was financially unsustainable — on top of the...
Last Thursday on November 4, 25 countries and institutions committed to end international public finance for unabated oil, gas, and coal by the end of 2022 at the United Nations climate conference in Scotland (COP26). Today, the Netherlands has confirmed...
This increases the number of signatories to 30 and the annual average of potential public finance shifted out of fossil fuels and into clean energy to at least USD 23.6 billion per year. This equals 37% of annual public finance...
”Continued failure to treat climate change as the crisis it is, will condemn current and future generations to a world of untold suffering and harm. Instead, world leaders should heed young people’s urgent calls to protect their futures.”
"The 'California Way' means protecting vulnerable communities and being a national leader in confronting climate chaos. Newsom has a huge chance to do both, but it will require bold action and follow-through, not just nice words," said Rees.
A new peer-reviewed study published in Environmental Research Letters finds that existing oil, gas, and coal extraction sites need to be closed down to stay within 1.5C. The study, led by researchers at Oil Change International and the International Institute...
Over 100 groups sent a letter to Biden Administration officials ahead of this week’s G7 meeting of climate change and environmental ministers urging the United States to resist the Japanese push for increased public investments in LNG.
A new report by ActionAid Denmark, Urgewald, Oil Change International, Greenpeace Norway, the Norwegian Forum for Development and Environment and Future in our hands, has exposed the truth behind the Norwegian Oil Fund’s commitment to exit coal, revealing the fund...
Hurricane Ida may have slipped from the news, but its deadly legacy continues, with the extent of lasting damage only now becoming apparent in many communities.
