Fossil Finance Violations: Tracking Fossil Fuel Projects that violate commitments to end international public finance for fossil fuels
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.
G7 meeting: 50 actions around the world call on world leaders to stop peddling fossil fuels and false solutions
Hundreds of civil society organisations from dozens of countries have taken to the streets around the world to demand that the G7 stop peddling fossil fuels to developing countries and stop promoting false solutions to the climate crisis. The particular focus of concern is the host nation Japan, which is driving gas expansion and promoting fossil-based false solution technologies like ammonia, nuclear and carbon, capture and storage.
Open Letter: G7 countries must not leave room for fossil fuels, climate destruction
180 organizations and supporters from regional and global movements and networks from 27 countries, wrote a letter to G7 leaders, raising their demand for powerful nations to stop peddling fossil fuels to developing countries. G7 climate and energy ministers fell short of their commitment to end fossil fuels – leaving the door open for investments in new fossil gas infrastructure and fossil fuel-based technologies heavily promoted by G7 host Japan.
Africans want renewables, not fossil fuel funding from G7
Ahead of the Japan-hosted G7 leaders’ summit in May, Japan’s Prime Minister, Fumio Kishida, is on a tour of Africa to “increase (Japan’s) involvement in the Global South”. Japan has been criticized by fellow G7 members for using its role as G7 host to promote its fossil fuel-heavy energy strategy across Asia and worldwide.
IEA report reaffirms G7 must end new gas expansion to meet 1.5ºC commitment
Ahead of the G7 Climate, Energy and Environment Ministerial meeting this weekend in Japan, the International Energy Agency (IEA) released analyses to inform the G7 energy agenda, including on the outlook for fossil gas.