As G7 Climate, Energy and Environment Ministers prepare to meet in Japan, two new briefings launched today show the extent to which G7 countries are succeeding and failing in holding up their climate and energy security commitments.
Government-backed LNG projects are exposing the public to stranded asset risks and causing emissions nearly twice the annual emissions of Canada.
The OECD has adopted a new list of “climate-friendly” projects that will benefit from preferential financial terms for export support. But a number of projects are poorly defined, potentially allowing for preferential financial incentives for export credit agency investments in gas.
Ahead of the 2023 World Bank Spring meetings, we have compiled the major MDBs' 2022 energy finance data for the first time.
Italy’s far right government has broken a major climate pledge to end public financing for international fossil fuel projects, instead producing the worst policy among countries that signed the 2021 commitment.
Yesterday, the message from the world’s leading climate scientists was their most brutal and stark yet. It was unequivocal.
Today, Pacific Island governments committed to create a “Fossil Fuel Free Pacific” and called for all countries to join them in managing a global, equitable, and unqualified phase out of coal, oil and gas.
Climate justice advocates expressed outrage at California state oil regulator CalGEM over the recent approval of hundreds of oil and gas rework permits to continue dangerous oil operations within 3,200 feet of communities.
Promise Breakers, a report released today by Oil Change International, reveals that the stop funding fossils commitment forged at COP26, is already shifting an estimated USD 5.7 billion per year out of fossil fuels and into clean energy, with the...
175+ organizations call on the OECD to end oil and gas finance. As a first step towards this objective, an OECD member must table a proposal to prohibit oil and gas support at next week’s OECD meeting.
