Climate change organizations under the Big Shift Coalition have called on the World Bank to fire its President David Malpass.

Today, a few days after a high level event (1) organized by the Beyond Oil and Gas Alliance (2) on the margins of the UN General Assembly in New York, civil society organizations launch a position paper urging the coalition and its members to deliver on  commitments to promote a global phase out of oil and gas production, and turn aspirations into bold and ambitious climate action in line with equity, justice, and science. 

As the deadline for implementing the Glasgow Statement looms, the Swedish export credit agencies, SEK and EKN, have released an updated policy. A previously-released policy aligned Swedfund - the Swedish development finance institution - with the Glasgow Statement. SEK and EKN’s new policy ends almost all support to fossil fuels by 31st December 2022, with some limited exemptions.

Contacts

Nicole Rodel: nicole [at] priceofoil.org
Silje Lundberg: silje [at] priceofoil.org

Today, Prime Minister Liz Truss announced the reversal of the UK’s fracking ban, despite advice from the government’s own advisors that such a move will not help lower energy bills or support long-term energy security. The decision to remove the moratorium on fracking, which has been in place since 2019, comes after the announcement that the UK will hold a new North Sea oil and gas licensing round this year and faces strong civil society opposition.

PM Truss’s announcement to pursue new domestic production of fossil fuels goes against the recommendations

As hundreds gather in DC to protest Manchin’s dirty side deal, Schumer & Pelosi should know that everything Joe Manchin says about the Mountain Valley Pipeline is wrong