Gas concerns risk watering down Cop 26 pledge: report
A pledge made at the UN climate conference Cop 26 to end international public financing for unabated fossil fuel projects by the end of this year risks being watered down by exemptions for gas on the back of energy security concerns, while lacking concrete strategies to boost support for clean energy, a report released by civil society organisations (CSOs) Oil Change International (OCI), International Institute for Sustainable Development (IISD) and Tearfund shows.
You might also be interested in
December 2024 | Carbon Minefields Oil and Gas Exploration Monitor
In November 2024, 23 oil and gas exploration licences were awarded across five countries, with Russia granting the licences that account for the largest portion of embodied emissions.
November 2024 | Carbon Minefields Oil and Gas Exploration Monitor
In October 2024, 20 oil and gas exploration licences were awarded across three countries, with a significant portion granted by Brazil.
COP 29 Must Deliver on Last Year’s Historic Energy Transition Pact
At COP 29 in Baku, countries must build on what was achieved at COP 28 and clarify what tripling renewables and transitioning away from fossil fuels means in practice.
October 2024 | Carbon Minefields Oil and Gas Exploration Monitor
In September 2024, a total of 19 oil and gas exploration licences were awarded across eight countries, with a concerning estimated volume of embodied emissions reaching 147.1 million metric tons of CO2.