Beyond Gas: The future of Colombia’s energy transition
This webinar questions some of the narratives favouring gas extraction in Colombia and discusses various arguments around the need to phase-out fossil fuels, including gas.
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Governments worldwide spent $1.7 trillion of public money on fossil fuels, a new report finds
In 2022, governments globally issued more than $1.7 trillion in public money to support fossil fuels, through subsidies, investments by state-owned enterprises, and lending from public financial institutions, a new analysis found. Simultaneously, financial support for renewable energy generation, grid integration of clean energy and battery storage increased, according to the International Institute for Sustainable Development. But it remains insufficient to limit global warming to 1.5°C, it added.
Global fossil fuel subsidies on the rise despite calls for phase-out
World governments agreed at the COP26 climate summit in Glasgow two years ago to phase out "inefficient" fossil fuel subsidies to help fight global warming. Since then, however, global fossil fuel subsidies have risen $2 trillion to $7 trillion, according to the International Monetary Fund, as governments around the world moved to protect consumers from rising energy prices. At this year's climate gathering in Dubai, EU countries will be looking to harden the COP26 deal to phase out the subsidies by pushing for a deadline of 2030 to get it done, but it is unclear how much support the proposal will gain.
Gas Prospects in Colombia
This brief assesses the economic and energy case for exploring offshore gas reserves in Colombia, such as those of Gorgon and Uchuva.
Sustainability Standards and Commodity Prices: How to better support farmers' livelihoods
This webinar explored how standards can better support farmers to get higher prices and incomes and use more sustainable practices amid disruptions in international commodity prices.
IISD-ELA youth engagement officer recognized for conservation efforts
Emily Kroft has been named one of the 30 Under 30 Conservation Leaders of 2023 by Corporate Knights magazine, a quarterly publication focused on climate change, responsible investing and green corporate citizenship. Kroft said she has been involved with environmental advocacy since she was "around 13." She said she was viewed as the "kid advocate" throughout her post-secondary years, and is now a water policy and youth engagement officer with the International Institute for Sustainable Development-Experimental Lakes Area, working on the IISD Next program.
Canada won't get to net zero without an emissions cap on oil and gas, researchers say
The oil and gas sector is being increasingly scrutinized for its contribution to the climate crisis, as it is estimated that this particular industry is responsible for more than 75 per cent of global greenhouse gas emissions and nearly 90 per cent of all carbon dioxide emissions, according to the United Nations. While many producers have said they are committed to the global goal of net-zero emissions by 2050, with production of oil and gas expected to continue to ramp up for the foreseeable future, it’s difficult to see how this will be achieved.
Governments provide a record USD 1.7 trillion in fossil fuel support
Governments provided over USD 1.7 trillion in public money to support fossil fuels in 2022—a record high—despite 91% of global carbon dioxide emissions originating from fossil fuels last year, according to new research.
Brochure: IISD’s Sustainable Investment Advisory Services
IISD's Sustainable Investment team provides customized training, workshops, and advice to developing countries across the world.
Redesigning Agricultural Investment Contracts to Meet a New African Investment Regulatory Landscape
This Masterclass at the Conference on Land Policy in Africa (CLPA) will help government policy-makers and agricultural investment negotiators understand key contract provisions and their overarching purpose, design, innovations, and limitations.