The fossil fuel industry’s grip on politicians blocked meaningful policies that could have protected our climate future and prevented these oil disasters.
Time is running out. Nearly every government in the world has signed up to the 2015 Paris Agreement aimed at mitigating the impacts of climate change and keeping the global temperature rise below 1.5°C above pre-industrial levels. Yet the world is already experiencing 1.2°C of warming on average, with Arctic nations such as Russia and Canada warming at two to three times the rate of other countries around the world.
An oil and gas discovery used to be a dream for developing countries, bringing immense foreign investment and the chance of a miraculous route out of poverty. After 13.1 million tonnes of gas were discovered off the coast of Mozambique in 2010, French energy giant Total announced an investment in the country worth $20bn – nearly twice the size of the country’s economy.
This paper aims to support trade negotiators in leveraging trade for climate change adaptation and to explore the critical role National Adaptation Plan (NAP) processes can play in this regard.
The UK government is working to launch a coalition of countries and financial institutions committed to end public funding for fossil fuels abroad at UN climate talks in Glasgow this November.
Fear of multi-billion-euro lawsuits from fossil fuel investors is putting the Paris agreement on climate change at risk, one of the deal's architects has warned.