Today, Pacific Island leaders at the UN climate negotiations delivered a clear, powerful message: ending the expansion of the fossil fuel industry must be on the agenda. One of the key themes on the sidelines of this year’s COP-23 climate conference in Bonn, Germany, has been the need to rein in fossil fuel production to … Read More
Fact Sheet: Despite Paris Agreement, Governments Still Fund Billions in Fossil Fuel Finance Each Year
Instead of funding clean energy solutions, G20 governments and multilateral development banks still overwhelmingly fund the problem, averaging nearly $72 billion per year in public finance for fossil fuels compared to less than $19 billion per year for renewable energy.
Time to Stop Digging: Why Germany’s Climate Leadership Requires a Rapid Phaseout of Fossil Fuel Production and Finance
Germany is falling far short of true climate leadership – our new report details why it must end coal production swiftly with a just transition and stop funding fossil fuels aboard.