Report: the Network for Greening the Financial System (NGFS) must revise its climate scenarios to drive decarbonization in the financial sector

February 14, 2021By Romain IoualalenEnergy Transitions & Futures, News, Press Releases, Stop Funding Fossils

In a new paper published today, Oil Change International (OCI) and Reclaim Finance analyze the shortcomings of the climate scenarios published by the NGFS and highlight the risk that they may be used to justify slow and inadequate climate action by financial actors.

G20 Recovery Packages Benefit Fossil Fuels More Than Clean Energy

July 15, 2020By OCI TeamBlog Post, Energy Transitions & Futures, Stop Funding Fossils

Decisions taken in response to the COVID-19 crisis today will lock in the world’s development patterns for decades. With policy decisions made on a daily basis, information about how public money is being spent can be hard to follow. That is why a consortium of 14 expert organizations came together to track energy-specific responses by G20 governments.