A new infographic reveals how fossil-fueled development bypasses African communities, but also illustrates the continent’s potential for a just transition. As Africa holds 39 percent of global renewable energy potential, governments and banks must shift their climate finance commitments towards a renewable just transition in Africa.
This briefing, titled, Norway’s Electrification of Melkøya Gas Plant: The Perfect Storm of Climate Injustice, reveals not only the project’s disastrous climate implications for the Norway and the Arctic, but also the human rights violations in the decades-long governmental oppression of the Indigenous Sámi people and their ancestral lands.
This new analysis, an update to the data in our landmark Sky’s Limit series, finds that the majority of the fossil fuel reserves within active fields and mines must now stay in the ground. Using updated 2023 data, the proportion of coal, oil, and gas reserves that must remain unextracted to meet the 1.5°C limit has increased from nearly 40% in 2018 to almost 60% in 2023.
A coalition of civil society groups from Canada, the USA, and Namibia, has today called on the Toronto Stock Exchange Venture Exchange TSXV to deny regulatory approval to a new share listing by ReconAfrica.
Earlier this week a coalition of 150+ economists and policy experts including Yanis Varoufakis, Jason Hickel, Olúfémi O. Táíwò, Nader Habibi, and Isabelle Ferreras sent a letter to Global North leaders, calling on them to pay their fair share for a just energy transition with trillions in public reparations, and to allow democratic and people-centred reforms to the global financial system they have a disproportionate control over.
These briefings reveal that Total, Eni, and Equinor are on the cusp of approving a surge of new oil and gas development. If they proceed with all the projects in their anticipated pipeline for 2023, Eni could rank as the world’s third worst oil and gas expander this year and Equinor as the world’s eighth worst by the total volume of new reserves approved for extraction.
This new briefing warns that Eni is on the cusp of greenlighting a new surge of oil and gas extraction. Eni could rank third among companies globally in 2023 in the volume of new oil and gas reserves approved for development.
Eni and Equinor are on track to rank as the world’s third and eighth worst upstream oil and gas expanders, respectively, in 2023.
This new briefing exposes the Norwegian company’s fossil-fueled energy strategy as grossly misaligned with global efforts to stem the climate crisis. The analysis details how the company lacks credible climate pledges and continues to prioritize oil and gas investments and fossil fuel extraction expansion.
The Leave it in the Ground Initiative (LINGO), in collaboration with Oil Change International, today launched the findings of a global analysis which maps fossil fuels underneath the world’s protected areas. For the first time, it quantifies the threat from fossil fuel extraction to legally protected areas worldwide.