This report, Banking on Climate Chaos 2022, analyzes fossil fuel financing and policies from the world’s 60 largest commercial and investment banks. We reveal that fossil fuel financing from the world’s 60 largest banks has reached nearly USD $4.6 trillion...
Today, alongside its second-quarter results, BP announced that it will cut oil and gas extraction — excluding its major share in Russian oil giant Rosneft — by 40% by 2030.
Media Advisory For Immediate Release Sep 6, 2023 Media Advisory: Multiple Briefings and Events Supported by Oil Change International For the United Nations Secretary General's Climate Ambition Summit New York City, September 6-20, 2023 Oil Change International, a research, communications...
Between 2016, following the adoption of the Paris Climate Agreement, and June 2021, public and private financial institutions poured at least $132 billion in lending and underwriting into 964 gas, oil and coal projects in West, East, Central and Southern...
The plan leaves the door open for new gas finance and keeps existing loopholes for continued support for all fossil fuels.
Despite important progress on establishing a loss and damage fund, COP27 failed to acknowledge the need for a rapid and equitable phase-out of oil, gas, and coal.
Dubai, December 2, 2023 – A letter published today by over 320 organizations on six continents rejects “Oil and Gas Decarbonization Charter,” the COP28 Presidency’s upcoming flagship announcement at the United Nations Climate Change Conference. The Oil and Gas Decarbonization...
People all over the world are facing unprecedented crises from COVID-19. These tragic impacts will be the deepest in the world’s most vulnerable communities, regions and countries. IEA director Dr. Fatih Birol has urged governments worldwide to place clean energy...
On the 10th Anniversary of the Deepwater Horizon disaster, “If anything, another disaster is more likely today as the oil industry drills deeper and farther offshore."
As the UK’s fledgling shale industry lurches from crisis after crisis concerning public acceptability and causing repeated small earthquakes, the UK Government last month appointed what it termed an independent “Shale Gas Commissioner” whose job it is to listen to...
