Energy
News
Oil and gas industry on brink of major surge in expansion – new drilling plans approved through 2025 could exhaust 17% of the global carbon budget for 1.5°C
A new briefing launched today at COP27 in Sharm-el-Sheikh by Oil Change International reveals that new oil and gas production approved to date in 2022 and at risk of approval over the
MDBs’ Climate Finance in Low and Middle-Income Countries Reaches $51 Billion in 2021
Climate finance committed by major multilateral development banks (MDBs) rose by more than 24% last year compared to 2020, according to the 2021 Joint Report on Multilateral Development Banks’ Climate Finance released

Chen Long: Creating a Digital Circular Economy for Net Zero (podcast)
In the podcast Economics & Beyond, hosted by Executive Director of the Institute for New Economic Thinking Rob Johnson, Rob and Chen discuss the results of a new report on
Reports

Taxing Energy Use for Sustainable Development: Opportunities for energy tax and subsidy reform in selected developing and emerging economies (OECD)
Economic recovery programmes provide opportunities for countries to focus on strategies for pursuing sustainable development, while taking the necessary steps to mobilise domestic resources. Sustainable development requires an alignment between

Adaptation Gap Report 2020
The UNEP Adaptation Gap Report 2020 finds that while nations have advanced in planning, huge gaps remain in finance for developing countries and bringing adaptation projects to the stage where

U.K. Spending 32 Times More On Fossil Fuels Than Renewables: Wärtsilä Report
The U.K. government is squandering an opportunity to move towards a zero carbon future by pumping billions of stimulus cash into fossil fuels and all but neglecting renewable energy, according
Policy Briefs
Phasing Out Fossil-Fuel Subsidies in the G20: A Progress Update (Earth Track)
This briefing by Earth Track reviews progress among G20 nations in implementing their 2009 commitment to ‘rationalize and phase out over the medium term inefficient fossil fuel subsidies that encourage wasteful
G20 Fossil-Fuel Subsidy Phase Out: A review of current gaps and needed changes to achieve success (Earth Track)
In 2009, the G20 nations committed to ‘rationalize and phase out over the medium term inefficient fossil fuel subsidies that encourage wasteful consumption’. This briefing by Earth Track reviews the reporting and