Asia Gas Factsheet #2: Gas Is A Bad Deal For Asia

November 18, 2021By OCI TeamAsia, Briefings, Factsheets, Fossil Gas, Resources

Asia is one of the few remaining growth markets for gas. The fossil fuel industry and its proponents are pushing to develop $379 billion of gas terminals, pipelines and power plants in Asia over the next decade. Roughly three-quarters of all Liquified Natural Gas (LNG) import terminals in development globally are planned for Asia. This aggressive buildout ignores a simple truth.

Fact Sheet: Fossil Free Finance at The World Bank

October 4, 2016By Alex DoukasFactsheets, Resources

If the world is going to meet the goals of the Paris Agreement on climate change, international financial institutions—including the World Bank—must do their part. The World Bank has made commitments to fight against climate change but continues to finance fossil fuel exploration, production, and combustion—the primary drivers of climate change.