“As we feared and expected, the UAE Presidency of COP28 is putting the interest of the oil and gas industry above those of the climate process it is supposed to shepherd,” said Romain Ioualalen.
Author: Valentina Stackl
Environmental groups warn MEPs about US certified gas before locking in dangerous, long-term methane gas import contracts
Washington, DC – As the European Parliament discusses new rules to tackle methane emissions in the energy sector, a new report by Oil Change International and Earthworks warns that U.S. certified gas schemes will put the EU’s methane emissions reduction goals at risk and undermine EU climate goals that will only be attained by a … Read More
New Report: Certified Gas and Project Canary Threaten Global Climate Goals
Our new report shows that certified gas programs are likely highly unreliable and ineffective, resulting in increased threats to health and climate from the oil and gas industry.
Japan-hosted G7 Ministers falsely claim they have ended fossil fuel finance, leave door open to gas investments
Today, G7 Climate, Energy and Environment Ministers issued a communique ahead of next month’s G7 Leaders Summit that leaves the door open for investments in new capacity and endorses fossil fuel-based technologies promoted by Japan, this yearâs G7 host. This contradicts the International Energy Agencyâs (IEA) most recent G7 analysis.
Reaction: World Bank Spring Meetings End With Broken Climate Promises
There have been few concrete developments on the G7-led ‘evolution roadmap’ and a new Paris Alignment âsector note on energy and extractivesâ keeps all existing pathways for WBG fossil gas support open.Â
IEA report reaffirms G7 must end new gas expansion to meet 1.5ÂșC commitment
Today, ahead of the G7 Climate, Energy and Environment Ministerial meeting this weekend in Japan, the International Energy Agency (IEA)released analyses to inform the G7 energy agenda, including on the outlook for fossil gas.Â
Japanâs G7 Presidency Threatens Progress to End Fossil Fuel Financing
As G7 Climate, Energy and Environment Ministers prepare to meet in Japan, two new briefings launched today show the extent to which G7 countries are succeeding and failing in holding up their climate and energy security commitments.Â
Climate Expectations for World Bank Group Spring Meetings
“The World Bank cannot be effective on climate action until it stops adding fuel to the fire. We’ll be looking to shareholders and Bank leadership to make serious commitments to stop all forms of support for fossil fuels,â said O’Manique.
Italy breaks climate promise to end public financing for international fossil fuel projects, publishing âworst-in-classâ climate policy
Italyâs far right government has broken a major climate pledge to end public financing for international fossil fuel projects, instead producing the worst policy among countries that signed the 2021 commitment.
Response: IPCC’s Report Raises the Alarms to Code Red
“The UN Secretary-General’s response to the IPCC report makes it clear that the time when countries can pretend to be climate leaders while expanding oil and gas production is over,” said Romain Ioualalen.