COP28 has the potential to be an historic moment in confronting the climate crisis. The COP28 Presidency has an opportunity to secure a transformational negotiated outcome, if it secures a robust negotiated energy package, including an unambiguous agreement to end...
Today across the nation, activists in 60 cities and 25 states plan to utilize COVID-safe and creative ways to deliver letters calling on major banks to distance themselves from the funding of the toxic Keystone XL and Enbridge’s Line 3...
Over 300 organizations from over 40 countries across the globe released a letter today calling on the Biden Administration to abandon its support for Liquefied Natural Gas (LNG) at COP28.
OCI is producing weekly news and resources updates for allies as part of our response to the COVID-19 crisis.
The report finds that major private banks funneled $115 billion into extreme fossil fuels in 2017, an increase of 11% from 2016. The single biggest driver of the increase in financing came from the tar sands sector, where financing grew...
The Stop the Money Pipeline Coalition welcomes Biden's Executive Order as an important step for the climate finance movement and urges the administration to deliver strong reports and action plans ahead of the COP26 climate talks in Glasgow.
In the seven years since the Paris Agreement was adopted, the world’s 60 largest private banks financed fossil fuels with USD $5.5 trillion. The report lays bare the shocking fact that even as fossil fuel companies made $4 trillion in...
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.
[caption id="attachment_10598" align="alignleft" width="300" caption="Fishmongers shown in Sekondi, now Sekondi-Takoradi, is Ghana's "Oil City." Fishermen here are among those whose operations have been impacted by the oil development. Like all the fishermen in the "frontline communities," they are extremely worried...
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...
