The Sky’s Limit Africa: The Case for a Just Energy Transition from Fossil Fuel Production in Africa

October 14, 2021By OCI TeamAfrica, Reports, Resources No Comments

The Sky’s Limit Africa assesses fossil fuel industry plans to sink USD $230 billion into the development of new extraction projects in Africa in the next decade — and USD $1.4 trillion by 2050. It finds these projects are not compatible with a safe climate future and that they are at risk of becoming stranded assets that leave behind unfunded clean-up, shortfalls of government revenue, and overnight job losses.

Central Banks Still Fueling Climate Crisis: New Report

August 24, 2021By David TurnbullBlog Post, Press Releases

Twelve of the largest central banks around the globe continue to support climate chaos-causing fossil fuels through policy and direct finance, a new report released today finds. Ahead of an annual convening of central bankers in Jackson Hole, Wyoming later this week, the analysis strikes a critical contrast to promises in recent months by the same central banks to align their operations with climate goals.