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In the coming months in the run up to the crucial climate talks, COP26 in Scotland, there will be a slew of false solutions on climate change announced, whether carbon, capture and storage (CCS) or carbon offsetting.
Oil giant Shell continues to excel as a climate villain, happy to drive humanity beyond the limits of a liveable future. And now it has been caught "gagging" the British Museum in a major greenwashing sponsorship exhibition on climate change.
Today, Canada’s export bank, Export Development Canada (EDC), released new climate targets.
The American Petroleum Industry’s greenhouse gas reporting template obscures the U.S. oil & gas industry’s massive responsibility for the climate crisis.
REPORTS & BRIEFINGS
In advance of this year's G7 Summit, 353 organizations from 58 countries have signed a letter calling on G7 leaders to stop financing fossil fuels; cancel debt payments in global South countries grappling with COVID-19 and climate impacts, and pay their fair share of climate finance to global South countries for climate adaptation among other demands.
At this year's G7 meeting countries are discussing how to "build back better" towards a "greener, more prosperous future." This factsheet explains the current state of G7 finance for fossil fuels and why it needs to shift to clean energy.
The creation of the NZPF is a tacit recognition by major oil and gas producers that their contribution to the climate crisis can no longer be ignored. But the framing of the initiative and its main objectives raise the prospect of the NZPF being a greenwashing tool in service to the oil and gas industry’s interests.
This new legal opinion finds that export credit agencies could be in violation of their international legal obligations if they do not take action to reduce their financing of fossil fuel-related activities imminently.