Standing in Belém during COP30, I felt the weight of the moment. We came to the Amazon hoping for decisive progress on phasing out fossil fuels, yet the final outcome fell far short of the ambition science and justice demand. The agreement brought welcome commitments on adaptation finance and global indicators, but it refused to confront the structural forces that make climate action so difficult.
A coalition of NGOs today launched the Financial Exclusions Tracker, a new website that tracks which companies are being excluded by investors and banks for sustainability reasons. Most excluded corporations are barred due to links to fossil fuels, weapons or tobacco.
The European Union's decision to exit the Energy Charter Treaty (ECT) is a landmark victory for climate action. For years, the ECT's Investor-State Dispute Settlement (ISDS) mechanism has enabled fossil fuel companies to challenge climate policies, hindering progress towards sustainability.
The UN Climate Change Conference in Dubai (COP28) has come to an end. Both ENDS and our partners were well represented at the event. History was written, literally, in Dubai, as in the final document the attending countries finally put down on paper that the world must move away from fossil fuels. That is the beginning of the end for the fossil industry. Niels Hazekamp and Daan Robben look back: what did Both ENDS do there and what do we think of the outcome?