New Data Exposes Private Finance Failure to Meet Energy Transition Needs
Dominant finance approach drives 4-7 times less private investment in the Global South than promised
Dominant finance approach drives 4-7 times less private investment in the Global South than promised
Annual Banking on Climate Chaos reports $429 billion of 2024 dollars are to fossil fuel expanding companies; totaling $1.6 trillion to these companies since 2021
The 16th annual Banking on Climate Chaos (BOCC) report covers the world’s top 65 banks’ lending and underwriting to over 2,700 fossil fuel companies. While the world’s top scientists from the International Energy Agency (IEA) repeatedly state that there is...
Four Global North countries - the United States, Canada, Norway, and Australia - are responsible for nearly 70% of projected new oil and gas expansion from 2025 to 2035. If this oil and gas expansion is allowed to proceed, it...
Impractical, hugely expensive, and fiercely opposed by Alaskan civil society groups, Alaska LNG and similar projects have failed to get off the ground for 60 years.
Geopolitical volatility is no excuse for more delay when the world is burning and the case for leaving fossil fuels behind has never been clearer.
Call comes as world energy ministers descend on London for energy security summit
In a groundbreaking decision, South Korea’s Constitutional Court ruled that the country’s climate policies fall short of their constitutional responsibility to protect future generations. This decision marks the first climate litigation ruling of its kind in Asia and could inspire...
This verdict is the result of a flawed trial and Big Oil’s anti-democratic efforts to crush dissent against its dangerous, polluting projects.
Oil Change International provided input to support the U.N. Special Rapporteur in assessing the impact of public finance within the current international legal framework governing the fossil fuel-based economy.