As governments gather for the World Bank and IMF Annual Meetings, new research by Oil Change International and Friends of the Earth U.S. reveals that international public finance for clean energy from G20 countries and Multilateral Development Banks (MDBs) has surpassed fossil fuel finance for the first time. The new factsheet, Tipping the Scales: Assessing G20 … Continue reading Clean energy finance overtakes fossil fuels for the first time, but G20 governments and development banks still fund fossil fuel lock-in
Category: climate finance
Germany’s climate transition: the cost of acting versus the cost of standing still
Benjamin Wehrmann writes on the Clean Energy Wire website about the distinction between the total investment needed to achieve climate neutrality and the additional investment required compared with continuing to rely on fossil fuels. Germany needs around €290 billion annually, but only €65 billion represents additional investment beyond a business-as-usual scenario. Climate neutrality by … Continue reading Germany’s climate transition: the cost of acting versus the cost of standing still
Energy in Demand News, September 27-28, 2026
If we do not move away from this dependency on fossil fuels, then I can promise everybody it will be a permanent crisis Dan Jørgensen, EU Energy Commissioner, speaking to Financial Times A federal judge in New York ruled that the state’s new climate “superfund” law, which would force fossil fuel companies to pay $75 … Continue reading Energy in Demand News, September 27-28, 2026
Quebec’s patient capital bet on the energy transition
In an article on the National Observer website, Darius Snieckus writes about one Quebec pension fund investing in clean energy. It is the particular Quebec model: long-term “patient capital,” a dual mandate combining returns with provincial economic development, and an increasing emphasis on investing in real-world decarbonisation rather than simply divesting high-carbon assets. Quebec … Continue reading Quebec’s patient capital bet on the energy transition
Energy in Demand News, September 20-21, 2026
Multilateral development banks are under pressure from the United States to scrap climate finance targets. “The UN agreement to provide $1.3tn in climate finance is under threat, as multilateral lenders are expected to follow the World Bank in dumping green targets after intense US pressure,” the Financial Times reports. “At least two multilateral development banks, … Continue reading Energy in Demand News, September 20-21, 2026
Strong economic case for tackling pollution and climate change together, UN finds
Tackling air pollution and climate change together would boost global GDP by 2.8 per cent by 2035, according to a UN report, as the majority of the world continues to be exposed to air that remains below global quality standards. UN: Every US$1 invested in climate and clean-air action can return US$15 Every US$1 … Continue reading Strong economic case for tackling pollution and climate change together, UN finds
Energy in Demand News, August 30, 2026
Europe’s new renewable energy champion is Romania, according to The Economist. Energy storage as become a key feature of its deployment of renewables. “Unlike many western European countries, Romania is deploying storage relatively early in its solar build-out, rather than trying to catch up after large amounts of solar capacity have already been installed,” says … Continue reading Energy in Demand News, August 30, 2026
Clean energy has the capital — but can it underwrite the risk?
For sectors such as grids and energy storage, managing the complex risks of financing projects and assets is now a significant barrier to growth, writes Reiner Boehning of Copenhagen Infrastructure Partners in an article on the Recharge website. The financing gap threatening to slow trillions in clean energy investment Capital is not the primary … Continue reading Clean energy has the capital — but can it underwrite the risk?
The political backlash against climate disclosure reaches the Big Four
Jorja Siemons writes on the Bloomberg Law website on the politicisation of climate-related financial disclosure in the US. Support for international climate-reporting standards is now being portrayed by Republican state officials as potentially incompatible with auditors’ independence. Big Four’s Past Climate Reporting Support Draws State Scrutiny More than a dozen Republican state attorneys general … Continue reading The political backlash against climate disclosure reaches the Big Four
The European Commission publishes a series of guidance documents to support CBAM implementation in the definitive period
On 14 August 2026, the European Commission published a series of ten guidance documents to help non-EU operators with the implementation of the Carbon Border Adjustment Mechanism (CBAM) during its definitive period. The CBAM's definitive period brings monitoring, reporting and financial obligations for importers of carbon-intensive goods into the EU, set out in the CBAM … Continue reading The European Commission publishes a series of guidance documents to support CBAM implementation in the definitive period
