In Asia, we’re fighting the buildout of gas infrastructure and working towards an end to all finance for fossil fuels.
OVERVIEW OF WORK
One of the greatest threats to meeting the goals of the Paris Agreement is the buildout of gas infrastructure in Asia. As campaigners move from successful campaigns to stop coal buildout, Oil Change is working with partners across the region and internationally to increase awareness that gas is dirty, expensive and undermines development.
We are working with the Fossil Free Japan coalition to stop Japanese public finance for overseas gas, coal and oil projects and are also working to push the Asian Development Bank to stop financing fossil fuels.
LATEST PROGRAM POSTS
New analysis released today at the COP21 climate negotiations reveals that G7 countries along with Australia spend 40 times more on support for fossil fuel production than they do in contributions to the Green Climate Fund.
Next week, on November 14th, we’re raising some noise. We are demanding our leaders live up to their commitments. We’re demanding they square their climate rhetoric with action. We’re telling them to Stop Funding Fossils.
Today, over 30 groups from around the world, including Oil Change International, sent an open letter to Japanese Prime Minister Shinzo Abe ahead of his meeting with U.S. President Barack Obama on April 24th urging Japan to follow the United States and other countries' pledges to stop financing coal overseas.
It was planned to be the year of friendship between China and Japan, but instead we have a brewing conflict over oil.
The headlines of the burgeoning diplomatic spat between China and Japan may be about “disputed islands” but make no mistake, this is a conflict over oil.
It was all meant to be so different: this year is the 40th Anniversary of normalised relations between the two nations, but instead of peace, people are now even talking of war.
Yesterday, tensions rose even further as eleven Chinese warships raced to the disputed Senkaku archipelago, over which both countries claim sovereignty.
A flotilla of
LATEST PROGRAM RESEARCH
This new analysis finds the ADB has spent over $4.7 billion on gas since the adoption of the Paris Agreement. Plans to expand gas infrastructure in Asia pose one of the greatest threats to meeting the goals of the Paris Agreement and averting the most catastrophic impacts of the climate crisis.
This report reveals G20 countries have provided at least $77 billion a year in public finance to oil, gas and coal projects since the Paris Agreement through their international public finance institutions. This government-backed support to fossil fuels from export credit agencies, development finance institutions, and multilateral development banks is more than three times what they are providing to clean energy
This report from Oil Change International and Friends of the Earth U.S. shows that since the Paris Agreement was made, G20 countries have used their export credit agencies to provide nearly 12 times more finance to fossil fuels than to clean energy.