ASIA

In Asia, we’re fighting the buildout of gas infrastructure and working towards an end to all finance for fossil fuels.

OVERVIEW OF WORK

One of the greatest threats to meeting the goals of the Paris Agreement is the buildout of gas infrastructure in Asia. As campaigners move from successful campaigns to stop coal buildout, Oil Change is working with partners across the region and internationally to increase awareness that gas is dirty, expensive and undermines development.

We are working with the Fossil Free Japan coalition to stop Japanese public finance for overseas gas, coal and oil projects and are also working to push the Asian Development Bank to stop financing fossil fuels. 

LATEST PROGRAM POSTS

It’s easy to lose touch with reality at the annual UN climate negotiations, also known as COP. The buzz and energy of tens of thousands of people at the UN’s annual conference focused on one of humanity’s greatest crises is overwhelming. And energizing.

Until you realize that you don’t all share the same intent.

Take Japan, for instance. Its sparkling white pavilion at COP is emblazoned with the slogan “Solutions to the Future.” With their technology prowess, it’s tempting to believe the rhetoric that they have the technologies to solve the climate crisis.







But then you shake off the buzz and

This increases the number of signatories to 30 and the annual average of potential public finance shifted out of fossil fuels and into clean energy to at least USD 23.6 billion per year. This equals 37% of annual public finance for fossil fuels provided by G20 countries and the Multilateral Development Banks (MDBs) between 2018 and 2020. 

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LATEST PROGRAM RESEARCH
Category: Reports

This report reveals G20 countries have provided at least $77 billion a year in public finance to oil, gas and coal projects since the Paris Agreement through their international public finance institutions. This government-backed support to fossil fuels from export credit agencies, development finance institutions, and multilateral development banks is more than three times what they are providing to clean energy

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