Locked Out of a Just Transition: Fossil Fuel Financing in Africa

March 3, 2022By OCI TeamFeatured, Reports, Stopping Carbon Lock-In

Between 2016, following the adoption of the Paris Climate Agreement, and June 2021, public and private financial institutions poured at least $132 billion in lending and underwriting into 964 gas, oil and coal projects in West, East, Central and Southern Africa. The vast majority of this finance came from financial institutions based outside Africa, both commercial banks and public institutions such as development banks and Export Credit Agencies.

MVP’s Attacks Fall Flat: Our Response to Mountain Valley Pipeline, LLC Filed in the FERC Docket

December 8, 2021By Kyle GraceyFossil Gas, Letters, Resources, Stopping Carbon Lock-In

Mountain Valley Pipeline, LLC’s (MVP) attacks on our greenhouse gas methodology are not aligned with the best available science. In fact, the operation of the Mountain Valley Pipeline would contribute significant greenhouse gas pollution, and our methodology for assessing its climate impacts is sound. That’s the conclusion of a letter filed by Oil Change International to the Federal Energy Regulatory Commission’s (FERC) docket for the Mountain Valley Pipeline Project.