Today the outgoing Dutch Minister for Climate and Energy Policy, Rob Jetten, published an analysis of the Netherlands’ fossil fuel subsidies, estimating these at between €39.7 and €46.4 billion a year, more than 4% of the Netherlands’ GDP.
just transition
Fossil Fuels Fail Africa — The Case for a Just Transition on the Continent
A new infographic reveals how fossil-fueled development bypasses African communities, but also illustrates the continent’s potential for a just transition. As Africa holds 39 percent of global renewable energy potential, governments and banks must shift their climate finance commitments towards a renewable just transition in Africa.
REVEALED: Taxpayer-funded fossil fuel projects from the U.S., Germany, and Italy breach international climate commitments
Rich countries have continued to approve USD 4.4 billion in international public finance despite committing to end this support by the end of 2022. Six countries including the United States, Germany, Italy and Japan have at least 26 fossil fuel projects awaiting approvals, with Germany having the biggest number of projects pending.
Fossil Finance Violations: Tracking Fossil Fuel Projects that violate commitments to end international public finance for fossil fuels
Two weeks before global leaders gather for the UN Climate Ambition Summit in New York, new analysis by Oil Change International shows that several major countries continue to pump $4.4 billion in public finance into international fossil fuel projects despite committing to end this support by the end of 2022.
Sultan Al Jaber’s incoherent COP28 vision misses the mark for 1.5°C
Today, at the 7th Ministerial meeting on Climate Action (MOCA) in Brussels, Dr Sultan Al Jaber from the UAE outlined his vision for the outcomes of the COP28 climate conference to be held in Dubai in December.
New report: Commitment to end international finance for fossil fuels is shifting billions, but key countries breaking promises missing in action
Promise Breakers, a report released today by Oil Change International, reveals that the stop funding fossils commitment forged at COP26, is already shifting an estimated USD 5.7 billion per year out of fossil fuels and into clean energy, with the potential of a further 13.7 billion per year if all signatories fulfill their commitments.
Sámi wind turbine protest shows there can be no just transition without Indigenous rights
We have known for decades now that we must end the disastrous dirty oil age and transition to clean, renewable energy. The wording often used by scientists and activists is that we need a “just transition”. There is where society enables an equitable transition from polluting, undemocratic fossil fuel industries to cleaner community-led renewable technologies.
Civil Society Joint Position: Oil and Gas Restrictions under the OECD Arrangement on Officially Supported Export Credits
This joint position launched by 175 civil society organisations from 45 countries calls on world leaders to end OECD export finance for oil and gas, and explains how it can be done.
Fossil fuel shill Joe Manchin won’t give up on pushing “Dirty Deal” through Congress
Last week, U.S. Senator Joe Manchin — the fossil fuel-financed, coal- and gas-loving Democratic Senator from West Virginia — failed in his latest bid to attach his “dirty deal” to the must-pass National Defense Authorization Act.
New Zealand implements policy to live up to commitment to end international fossil fuel finance raising pressure on Australia to follow suit
Aotearoa New Zealand has released a new policy to live up to its 2021 COP26 UN climate summit commitment to end international finance for fossil fuels, including oil and gas, by the end of 2022.