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22 Aug 23
High debt costs “trap” many countries in the Global South in a cycle of fossil fuel production as they try to generate enough revenue to service their borrowing, representing a barrier to phasing out...
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26 May 23
Fears over the affordability and security of fossil fuels are set to increase renewable energy investments this year, experts at the International Energy Agency have said.
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18 May 23
Social reforms and governance change need to continue in the Middle East, says the World Bank.
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17 Apr 23
A group of major economies has promised to expedite the transition to cleaner energy in a bid to meet targets to reach net zero carbon emissions by 2050.
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4 Nov 22
Surging oil and natural gas revenues will help push Qatar’s budget into surplus this year and over the medium term, meaning a credit rating upgrade is increasingly likely, ratings agency Moody’s has...
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10 Oct 22
Governments across the European Union have spent more than €100bn on Russian fossil fuels since the nation invaded Ukraine in February, a climate group has said.
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26 Aug 22
The Nigerian government aims to raise an initial $10bn of finance to help implement its planned energy decarbonisation, ahead of an international climate change conference.
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14 Jun 22
Russia’s invasion of Ukraine could speed efforts to decarbonise Western energy supplies. But how will governments recoup lost tax income from fossil fuel?
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11 Mar 22
The European Union has vowed to end its reliance on Russian fossil fuels in response to the ongoing invasion of Ukraine and is planning new measures to help governments support their economies amid...
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9 Feb 21
State-owned oil companies risk wasting $400bn on oil and gas projects that will only break even if the world fails to meet the Paris agreement climate goals, according to a report from an NGO.
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17 Dec 20
A €17.5bn fund for regions in the EU that are heavily dependent on fossil fuels has been agreed by negotiators from the European Council and the bloc’s parliament.
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11 Nov 20
The world’s major economies have been “moving in the opposite direction” from their climate commitments by continuing to fund fossil fuels during the pandemic, researchers have said.
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21 Jul 20
Russia is looking to lure tech companies to headquarter themselves there by granting them more than $1bn in tax breaks.
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29 Nov 19
The UK should commit to spending £20bn to the UN climate fund until 2030 to pay its “fair share” based on the country’s historical contribution to carbon emissions, a think-tank has urged.
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3 Oct 19
Government’s refusal to end investment in fossil fuel projects abroad is “utter hypocrisy”, an NGO has said.
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2 Aug 19
The European Investment Bank looks likely to make a “game-changing” move and stop funding fossil fuels by the end of 2020.
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25 Jul 19
Between 2010 and 2017 60% - £4.6bn - of the UK’s support for energy in developing countries went towards fossil fuel sources, according to analysis by the Catholic Agency for Overseas Development....
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27 Jun 19
Governments of G20 countries gathering in Japan for a summit this week have more than doubled the subsidies they provide to coal power plants in just three years.
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3 Jun 19
Subsidising fossil fuels does not improve people’s lives and will ultimately prove more costly to economies, says the WWF’s Vanessa Perez Cirera.
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18 Jun 18
The European Investment Bank must stop investing in fossil fuels and boost its support for sustainable energy, and prioritise human rights, a group of European NGOs have urged.
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4 Jun 18
The richest countries in the world spend more than $100bn a year on subsidies to support oil, coal and gas, a study has found.
22 Aug 23High debt costs “trap” many countries in the Global South in a cycle of fossil fuel production as they try to generate enough revenue to service their borrowing, representing a barrier to phasing out...
26 May 23Fears over the affordability and security of fossil fuels are set to increase renewable energy investments this year, experts at the International Energy Agency have said.
18 May 23Social reforms and governance change need to continue in the Middle East, says the World Bank.
17 Apr 23A group of major economies has promised to expedite the transition to cleaner energy in a bid to meet targets to reach net zero carbon emissions by 2050.
4 Nov 22Surging oil and natural gas revenues will help push Qatar’s budget into surplus this year and over the medium term, meaning a credit rating upgrade is increasingly likely, ratings agency Moody’s has...
26 Aug 22The Nigerian government aims to raise an initial $10bn of finance to help implement its planned energy decarbonisation, ahead of an international climate change conference.
14 Jun 22Russia’s invasion of Ukraine could speed efforts to decarbonise Western energy supplies. But how will governments recoup lost tax income from fossil fuel?
11 Mar 22The European Union has vowed to end its reliance on Russian fossil fuels in response to the ongoing invasion of Ukraine and is planning new measures to help governments support their economies amid...
17 Dec 20A €17.5bn fund for regions in the EU that are heavily dependent on fossil fuels has been agreed by negotiators from the European Council and the bloc’s parliament.
11 Nov 20The world’s major economies have been “moving in the opposite direction” from their climate commitments by continuing to fund fossil fuels during the pandemic, researchers have said.
21 Jul 20Russia is looking to lure tech companies to headquarter themselves there by granting them more than $1bn in tax breaks.
29 Nov 19The UK should commit to spending £20bn to the UN climate fund until 2030 to pay its “fair share” based on the country’s historical contribution to carbon emissions, a think-tank has urged.
3 Oct 19Government’s refusal to end investment in fossil fuel projects abroad is “utter hypocrisy”, an NGO has said.
2 Aug 19The European Investment Bank looks likely to make a “game-changing” move and stop funding fossil fuels by the end of 2020.
27 Jun 19Governments of G20 countries gathering in Japan for a summit this week have more than doubled the subsidies they provide to coal power plants in just three years.
18 Jun 18The European Investment Bank must stop investing in fossil fuels and boost its support for sustainable energy, and prioritise human rights, a group of European NGOs have urged.
