65 Environmental, human rights and Indigenous Peoples’ organisations today sent an open letter to the Steering Committee of the Equator Principles Association (EPA), calling for new and much stronger commitments to be made by its 91 member banks on combating climate change and respecting Indigenous Peoples’ rights and territories.
This briefing aims to provide an initial assessment of whether the GCF is living up to its mandate. It looks at whether funds are being equitably disbursed, “country ownership” is being enhanced (encouraging devolved management rather than control by multilateral institutions), and vulnerable countries and communities are being targeted.
The hype and investment around algae biofuels has not resulted in commercially viable biofuels. Worse yet, they distract attention and resources from more promising, less risky and proven solutions to climate and energy concerns, such as efficiency, solar and wind energy, relocalization, expanded public transportation, dietary shifts and regenerative agriculture.
Since taking office in January, Trump has shown himself to be a powerful ally of the fossil fuel industry, prioritizing their profits over the planet and people at every opportunity.