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
just recovery
Statement in Advance of Petersberg Climate Dialogue High-Level Segment
“A managed decline of oil and gas production that supports affected communities and workers must be central in a just and green recovery from the COVID-19 crisis,” said ver der Burg.
A resilient recovery means a managed decline of oil and gas production — here’s how we get there
This week the seemingly impossible happened: U.S. oil futures prices went negative for the first time in history. What happens next is up to us.
New briefing: Facing COVID-19, Governments Must Prioritize Building Resilient Societies over Fossil Fuel Bailouts
A new briefing from Oil Change International argues for a managed decline of the oil and gas sector as an essential part of recovery from the COVID-19 crisis.
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