The environmental and human rights organization Urgewald (Germany), the Port Arthur Community Action Network (USA), and the Center for Energy, Ecology, and Development – CEED (Philippines) address the massive global build-out of liquefied natural gas (LNG) and amplify the voices of frontline communities in North America and Southeast Asia.
A new report on the Abu Dhabi National Oil Company (ADNOC) highlights its outsized oil & gas expansion and the international financiers and oil majors who actively support it.
New proposed policy for Euler Hermes, the German government export credit agency, means Germany broke an international commitment to end public finance for international fossil fuel projects, which was supposed to be met by the end of 2022
Euler Hermes is a major global financier of fossil fuels, bigger than the prominent United States Export-Import Bank (EXIM) – and as of December 2022 was considering 10 large international fossil fuel projects worth EUR 1 billion, despite Germany’s major climate pledge
German international reputation is in danger as a growing group of countries meet the same international commitment Germany signed, including the UK, Canada, France, Denmark, Sweden, Finland, and New Zealand
Latest undermining of Olaf Scholz’ climate authority after watering-down of G7 climate pledges last year and attempts to convince EU to open new gas fields
Policy undermines public finance shift to clean energy, prolonging fossil-fuelled energy crisis and undermining energy security
Today, July 4, German insurance association GDV’s insurance regulation conference takes place in Berlin. German and Brussels-based environmental NGOs Urgewald, ShareAction and Insure Our Future use the occasion to collectively call on the lobby organization, speakers and participants in the event to support much more robust climate protection measures.