One billion people live in poverty in developing countries that are rich in fossil fuels and minerals. They face devastating climate impacts, despite bearing little responsibility for global emissions, and could experience severe economic shocks as global energy markets change. We were at COP27 to advocate for a just and equitable energy transition that unlocks economic opportunity and sustainable development in these countries.

Financing the energy transition

Existing climate finance fails to back energy transitions in resource-rich developing countries. We aim to support evidence-driven public debate about effective financing options for just energy transitions, including finance pathways for gas-producing countries.