Oil Change International Media Advisory – COP29 Day 10
As climate finance negotiators push for a breakthrough in Baku during COP29's tenth day, the urgency for action has never been clearer—with 2024 on track to be the hottest year on record.
Search results
UK, Colombia, New Zealand join fossil fuel subsidy coalition at COP29 as negotiators eye new climate finance deal
At a COP29 press conference, the United Kingdom, Colombia, and New Zealand announced they are joining the Dutch-led Coalition on Phasing Out Fossil Fuel Incentives (COFFIS) launched at COP28. While Civil Society Organizations applaud the growing membership, they urge all members...
Oil Change International Media Advisory – COP29 Day 8
As COP29 enters its second week in Baku, a parallel opportunity for climate finance leadership emerges in Paris, where OECD governments will gather to negotiate an end to $41 billion in annual oil and gas export subsidies.
Dangerous Distractions Delay Real Climate Action at COP29
At the United Nations Climate Change Conference today, experts and advocates exposed how oil and gas corporations and their government enablers are more interested in appearing to act on climate change than taking real action, while continuing to poison communities...
Oil Change International Media Advisory – COP29 Day 6
As COP29 enters its sixth day, negotiators release the latest draft text for the new climate finance goal (NCQG). A critical opportunity emerges to secure real climate action through public grants rather than problematic private finance schemes.
Activists denounce presence of big polluters at COP29 in front of OPEC and GEFC pavilions
Today, At COP29, in the OPEC and the Gas Exporting Countries Forum (GECF) pavilions, activists directly exposed and denounced the presence of the fossil fuel industry at COP29.
Oil Change International Media Advisory – COP29 Day 5
As COP29 enters its fifth day in Baku, the stark choice facing negotiators is clear: either deliver real solutions through public grants of at least $1 trillion annually in public funds, or fall back on inadequate private sector mechanisms that...
COP29 Explainer: Why we can’t rely on the private sector to finance the energy transition
Our new analysis shows many governments and finance models overstate the role the private sector can play in financing a just energy transition. This is coming to a head with the deadline for a new climate finance goal (NCQG) at...
Oil Change International Media Advisory – COP29 Day 4
As Finance Day begins at what's being called the 'Finance COP,' negotiators face a stark choice: deliver public grants at the trillion-dollar scale needed for a just transition away from fossil fuels, or rely on inadequate private sector mechanisms that...
Reactive: Brazil, member of the COP Troika, submits new Nationally Determined Contribution
“We fully support Brazil’s call for the COP process to discuss fossil fuel phaseout dates, with rich countries taking the lead, and hope this will be a central tenet of COP30."