A global coalition of civil society groups organized a demonstration at the COP28 climate negotiations in UAE on “Finance Day” to demand that the Japanese government stop financing new fossil fuel projects and shift support to renewable energy. The action featured activists wearing inflatable Pikachu costumes and a slogan calling on Japan to say #SayonaraFossilFuels.
Press Releases
COP28 Media Advisory – Day 5
Welcome to Finance Day. The UN Climate Talks are heating up, and not without controversy. Between COP28 President Al Jaber’s science denying statements, the US’ flawed methane plan, and more, things are off to a rocky start. Here’s what the Oil Change International team will be doing today at the UN climate talks.
U.S. Promotes Another Flawed Methane Plan at COP28
– Today at the United Nations Climate Change Conference (COP28), the U.S. government promoted its flawed plan to lead a global framework on the measurement, monitoring, reporting, and verification (MMRV) of methane, carbon dioxide, and other greenhouse gas emissions from gas.Â
Reactive: Al Jaber’s science-denying statements are alarming
COP28 President Al Jaber’s science-denying statements are alarming and raise deep concerns about the Presidency’s capacity to lead the UN climate talks, at a time when leadership and a clear vision are most needed. Of course, denying science has been part of the fossil fuel industry’s playbook for decades. But science is not up for debate: we must phase out fossil fuels to have a livable planet.Â
COP28 Media Advisory – Day 4
As the UN climate talks are well underway, fossil fuel phase out and an agreement to triple renewable energy and double energy efficiency are top of the agenda. Today, ahead of finance day, transforming public finance institutions to free up billions of dollars that are available to pay for the just transition is also entering the conversation – as 200+ civil society groups today call on world leaders to use COP28 to overhaul global monetary, trade, tax, and debt rules, as well as international financial institutions like the World Bank and International Monetary Fund.Â
200+ civil society groups urge leaders at COP28 to transform public finance
Today 222 civil society groups from 55 countries sent an open letter calling on world leaders to transform international public finance to tackle climate change and deliver a just energy transition.
Oil Change International Responds to the Global Decarbonization Accelerator
The Global Decarbonisation Accelerator is a trojan horse for Big Oil and Gas greenwash. The Oil and Gas Decarbonization Charter is filled with hollow promises and recycled commitments that only address operational emissions, and ignore the 80-90% of oil and gas producing companies’ climate pollution from the oil and gas being burned.Â
Norway joins 40-signatory partnership to end international public finance for fossil fuels
Minutes ago, Norway joined a major international initiative to end international public finance for fossil fuels today at COP28, called the Clean Energy Transition Partnership.
U.S. Methane Announcements Fail to Address the Real Cause of Methane Pollution: Fossil Fuel ProductionÂ
Today, at the United Nations Climate Change Conference (COP28), the U.S. Environmental Protection Agency (EPA) announced its long-awaited methane rule that aims to curb the prolific emissions of methane associated with America’s decades-long fracked gas boom.Â
Open Letter: The World Needs A Transformational Outcome, Not More Voluntary Pledges
COP28 has the potential to be an historic moment in confronting the climate crisis. The COP28 Presidency has an opportunity to secure a transformational negotiated outcome, if it secures a robust negotiated energy package, including an unambiguous agreement to end all new oil and gas expansion, a clear call to equitably and rapidly phase out all fossil fuels, and a commitment to triple deployment of nature-positive and community-beneficial renewable energy and double energy efficiency.