Response to Deb Haaland’s historic confirmation as Secretary of the Interior

March 15, 2021By OCI TeamBlog Post, Featured, Press Releases 1 Comment

Secretary Haaland’s confirmation sets a historic precedent for Indigenous communities and leaders across Turtle Island, and we look forward to working with the Secretary to introduce additional policies that protect our nation’s waters, lands, and communities from the dirty influence of the fossil fuel industry during her time in this critical role.

Biden’s climate diplomacy mustn’t turn a blind eye to Big Oil’s “dirty footprints” in Africa

March 15, 2021By Chairman OkoloiseBlog Post, Deep Dive, Featured

When President Joe Biden signed his first set of Executive Orders on Climate Change and cancelled the Keystone XL pipeline project soon after his inauguration, he sent a very clear message to the global fossil fuel industry: it’s no longer going to be business-as-usual with fighting the existential threat that climate change poses to humanity.

UK announces end to overseas fossil fuel finance, now other governments must follow suit

December 12, 2020By OCI TeamFeatured, Press Releases

The United Kingdom’s prime minister, Boris Johnson, will commit to end the UK’s overseas fossil fuel financing “as soon as possible” at the Climate Ambition Summit. The phase-out of oil, gas, and coal financing applies to aid funding, trade promotion and export finance provided by UK Export Finance (UKEF), the institution that has come under scrutiny for its USD 1 billion investment in a controversial LNG project in Mozambique and for considering to finance the equally controversial East African Oil Pipeline.

Finance in Common Summits misses opportunity to end fossil fuel finance, but there is a way forward, say CSOs

November 12, 2020By LaurieBlog Post, Featured, News, Press Releases, Stop Funding Fossils

Today development banks signed a joint declaration at the first global summit of development banks, Finance in Common. Before the summit, the UN Secretary General, youth climate activists, and over 300 civil society organisations all urged development banks to act to end fossil fuel investments. However, the joint declaration only includes a vague commitment to “consider” ways to reduce fossil fuel investments.

European Development Finance Institutions fall short on climate ambition by allowing continued financing for fossil gas

November 5, 2020By LaurieBlog Post, Featured, News, Press Releases, Statement, Stop Funding Fossils

European Development Finance Institutions fall short on climate ambition by allowing continued financing for fossil gasToday, one week ahead of the Finance in Common Summit, the Association of European Development Finance Institutions (EDFI) announced joint ambitions for climate action. The institutions commit to full Paris alignment by 2022 and to end coal and fuel oil financing. For gas finance, they commit to “generally exclude [such finance] by 2030 at the latest”, but leave the room open to gas financing beyond 2030 in certain cases.