The disconnect is terrifyingly stark. Last week, the Guardian newspaper reported that the “World’s top climate scientists expect global heating to blast past 1.5C target”, with the planet heading for at least 2.5C of warming “with disastrous results for humanity.”
East African Crude Oil Pipeline
Fossil Fuels Fail Africa — The Case for a Just Transition on the Continent
A new infographic reveals how fossil-fueled development bypasses African communities, but also illustrates the continent’s potential for a just transition. As Africa holds 39 percent of global renewable energy potential, governments and banks must shift their climate finance commitments towards a renewable just transition in Africa.
Response: International Energy Agency understates gas expansion risks for African communities, jobs, and climate
Today, the International Energy Agency (IEA) released a new special report on Africa. The 2022 Africa Energy Outlook suggests a potential to increase gas production on the continent to 2030 even in a “sustainable” scenario.
Tell the Sumitomo Mitsui Banking Corporation (SMBC) to stop funding the East African Crude Oil Pipeline
If completed, EACOP will pose significant risks to millions of people; jeopardize vital, internationally recognized ecosystems; and, at peak production, generate annual carbon emissions roughly equivalent to the carbon footprint of nine coal-fired power plants.
Climate Momentum: More banks pull out of controversial East African pipeline
Under pressure from civil society, eleven banks have now confirmed that they will no longer fund the controversial East African Crude Oil Pipeline.