The Sky’s Limit Africa assesses fossil fuel industry plans to sink USD $230 billion into the development of new extraction projects in Africa in the next decade — and USD $1.4 trillion by 2050. It finds these projects are not compatible with a safe climate future and that they are at risk of becoming stranded assets that leave behind unfunded clean-up, shortfalls of government revenue, and overnight job losses.

Stopping these fossil fuel projects would prevent a drastic increase in GHG pollution at a time when it is imperative to decrease emissions to meet domestic and international climate goals, including the Paris Agreement that President Biden rejoined.

This impending buildout of new gas infrastructure poses one of the greatest threats to meeting the goals of the Paris Agreement. Instead of forming a bridge — as gas proponents claim — gas expansion builds a wall against the clean energy future we need.

One day before world leaders meet to discuss the energy transition at the United Nations High Level Dialogue on Energy, more than 200 civil society organizations (CSOs) from over 40 countries have released a statement calling on world leaders to end international public finance for coal, oil and gas.