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: sustainable 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
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
DEEP and going DEEP-er
The DEEP (De-risking Energy Efficiency Platform) is the European Commission's open-access database designed to reduce the perceived financial risk of investing in energy efficiency projects. It is one of the Commission's most important tools for demonstrating, with real-world evidence, that energy efficiency investments are often lower risk and more profitable than many investors assume. DEEP was officially launched … Continue reading DEEP and going DEEP-er
New report on the false sense of security in climate risk models
In a new report published this week, Finance Watch is proposing a way forward to integrate science-based metrics in banks' risk monitoring framework and address climate-related systemic risk to preserve financial stability in a warming world. The author of the report is Thomas Larible. Report – Towards a climate-resilient banking sector Climate change is … Continue reading New report on the false sense of security in climate risk models
New report on accelerating investment for an energy-independent and low-carbon future
Caroline Henry and Clara Calipel write on the I4CE website about the new report on the state of Europe’s climate investment. The State of Europe’s Climate Investment – 2026 Edition The energy crisis exposes the European Union’s (EU) structural vulnerabilities: accelerating investment in clean energy and low-carbon technologies is key to securing economic prosperity, energy independence, and households’ purchasing power … Continue reading New report on accelerating investment for an energy-independent and low-carbon future
A cautionary tale for global climate finance
In an article on The Conversation website Freddie Daley, Research Associate, Centre for Global Political Economy, University of Sussex and Charlie Lawrie, Postdoctoral associate, University of Sussex argue that Indonesia's failure to close the Cirebon-1 coal plant exposes fundamental flaws in the Just Energy Transition Partnership (JETP) model, particularly its reliance on private finance to … Continue reading A cautionary tale for global climate finance
Energy in Demand News, May 17-18, 2026
The Financial Times reports that one of the largest US pension funds “is re-evaluating its stake in TotalEnergies following the French oil major’s decision to accept $1bn from Donald Trump’s administration to exit offshore wind power in the US. . . . The New York State Common Retirement Fund, which owns a $1.6mn stake in … Continue reading Energy in Demand News, May 17-18, 2026
Energy in Demand News, May 10-11, 2026
It is encouraging that the OECD has published a Data Explainer that details the need for governments to step up policies promoting more efficient energy use. It focuses on 13 energy efficiency policies, including minimum energy performance standards (MEPS), public financing mechanisms for buildings and industry (e.g. green mortgages, vendor credits), fuel economy standards and … Continue reading Energy in Demand News, May 10-11, 2026
Reflections on the second general assembly of the European Energy Efficiency Financing Coalition
The European Energy Efficiency Financing Coalition, launched in 2024, recently held its second annual general assembly meeting. The Coalition works to mobilise private financing for energy efficiency, improve access to finance for enterprises and citizens, de-risk projects and portfolios, and stimulate demand for energy efficiency solutions. Its membership includes financial institutions, industry stakeholders and Member States. It … Continue reading Reflections on the second general assembly of the European Energy Efficiency Financing Coalition
