Today the Government of Canada released a plan to end new public finance for fossil fuels abroad and instead prioritize clean energy projects.
Author: Bronwen Tucker
‘No room for climate deniers!’ CSOs call for World Bank President David Malpass to be fired
Climate change organizations under the Big Shift Coalition have called on the World Bank to fire its President David Malpass.
122 CSOs warn there is only six months left to meet joint COP26 commitment to end international public finance for fossil fuels
Russia’s war in Ukraine and fuel price spikes mean international public finance institutions must roll out rapid decarbonization and aid packages, not back track by locking in new fossil infrastructure.
Using international public finance to unlock a just transition: key trends and opportunities
This briefing explains why financial flows to fossil fuels matter and how to use the data provided by the Public Finance for Energy Database to help secure a just energy transition.
EU position on ‘ending public support for fossil fuels’ fails to do exactly that
Today the Council of the European Union will approve a statement that commits all Member States to end international public finance in the form of export credits for projects in the fossil fuel energy sector.
Letter: CSO expectations for implementing Glasgow statement on public finance
Ahead of the first meeting of this group of signatories expected today, a group of 57 civil society organizations from every continent sent a letter to the UK government with recommendations for how to ensure the commitment is effective.
New Report: G20 governments Have Bankrolled More Than $188 Billion in Fossil Fuels Since 2018
New report updates analysis of public financing for energy projects ahead of expected joint announcement to end these flows at COP26.
Report: USD 1.4 trillion fossil fuel buildout jeopardizes Africa’s economies, climate, and communities
New analysis details why a just energy transition in Africa requires an end to new oil, gas, and coal extraction projects
Civil society organizations react to Export Development Canada’s new climate targets
Today, Canada’s export bank, Export Development Canada (EDC), released new climate targets.
Civil society organizations react to World Bank Climate Change Action Plan’s failure to end finance for fossil fuels
The plan leaves the door open for new gas finance and keeps existing loopholes for continued support for all fossil fuels.