The Paris Agreement will not solve the climate crisis single-handedly, but it is so far the most important step the world has taken to tackle it. It signals an end to fossil fuels and a shift to 100% renewables. It creates firm foundations for more ambitious climate policies all over the world.
If we want to have a likely chance to stay below 2°, and preserve the possibility to stay below 1.5°, as agreed in Cancun, we need to phase out all fossil fuels by 2050. However, fossil fuel subsidies are a major obstacle to full decarbonisation. Despite the enormous threat climate change poses, countries keep subsidizing fossil fuels to the tune of USD 600-1000 billion a year.
This report by Greenpeace UK and CAN Europe assesses the impact that the 22 EU member states that still rely on coal power have on Europe’s ability to ensure that climate change is limited to below 2°C.
New analysis finds fossil fuel subsidies exceed Green Climate Fund support 40 to 1
Activists to demonstrate at Paris climate talks, demanding Parties Stop Funding Fossils
This briefing highlights the most important positive steps governments and local authorities are taking to move beyond coal.
CAN Europe’s analysis of climate pledges in Southeast Europe.
In this briefing, we describe the most important coal subsidy streams in Europe. We also single out the biggest culprits when it comes to state involvement and support, and we explain the (changing) role of the international (financial) institutions in the coal economy.
This briefing describes the coal threat in in Southeastern Europe but will also explain why the many coal projects are doomed to fail – either in the planning stage or when realised.
The EU’s carbon budget for the period 2021-2030 can vary by a staggering 6 billion tonnes. This gap is the result of important policy decisions that have been postponed for after the Paris climate summit, reveals new research by Climate Action Network (CAN) Europe.
The four EU Member States that are part of the G20 have spent nearly three times as much on fossil fuel subsidies as on climate finance. The EU, also a member of the G20, has spent six times as much on subsidizing fossil fuels as it has on climate finance.