Some 30 young South Koreans are suing their Government, claiming that their parliament’s “recent revision to the nation’s climate-change law doesn’t go far enough to protect their future.”
coal finance
Press Release: Activists Launch Large Inflatable Balloon of Prime Minister Shinzo Abe to protest Japan’s continued support for coal
Activists deployed a 3-meter-tall balloon depicting Japanese Prime Minister Shinzo Abe emerging from a bucket of coal to protest the Japanese government’s continued support for new coal-fired power projects.
Briefing: Why Congress Must Stop Blocking Climate Progress on International Finance
There is an urgent need to ensure that anti-climate riders stay out of appropriations packages for Fiscal Year 2020 as Congress and the Trump Administration continue to negotiate a spending package.
G20: Tens of Thousands Tell Shinzo Abe to #StopFundingCoal
To coincide with the G20 summit last week, thousands of activists from around the world – in Japan, Indonesia, India, the Philippines, Bangladesh, Pakistan, Australia, the US – mobilized to protest against Japan’s continued financing of dirty coal.
Briefing: Why the U.S. Export-Import Bank Must End Financing for Fossil Fuels
Over the past decade, nearly 90% of the U.S. Export-Import Bank’s total finance for energy projects has flowed to projects in oil, gas, and coal. As momentum grows for climate solutions in the U.S. and abroad, there is an urgent need for a ban on fossil fuel financing at ExIm.
Banking on Climate Change 2019: Fossil Fuel Finance Report Card
This 10th annual “Banking on Climate Change” fossil fuel finance report card reveals that overall bank financing continues to be aligned with climate disaster, and that financing for fossil fuels has increased every year since the Paris Agreement was signed.
Report Finds Global Banks Poured $1.9 Trillion into Fossil Fuels since Paris Agreement
A report released today endorsed by over 160 organizations around the world reveals that 33 global banks have provided $1.9 trillion to fossil fuel companies since the adoption of the Paris climate accord.
David Malpass as World Bank President = Climate Fail
Program Director Alex Doukas said, “David Malpass is a dreadful nominee for the World Bank President. Malpass was Chief Economist of Bear Stearns as the company led the economy off the cliff into a global financial crisis. That tells you all you need to know about David Malpass’ ability as an economic steward.”
Oil Change Int’l Response to Approval of the EBRD’s New Energy Sector Strategy
“If MDBs follow through on this commitment, we would expect the EBRD’s brand-new strategy to be obsolete within a year, given what will be required to truly align with the Paris Agreement ambition to limit warming to 1.5°C,” said Alex Doukas, Program Director at Oil Change International.
Big Shift Global reaction to World Bank Group’s post-2020 climate goals announcement
The World Bank Group released new climate targets for 2021-2025, aiming to provide and mobilize $200 billion in support of countries’ climate action. Members of the Big Shift Global coalition react to this announcement.