The global oil & gas industry's income jumped to almost $4 trillion in 2022, a huge rise from its recent average of $1.5 trillion The sector has a unique opportunity to invest a significant chunk of this in clean energy transitions, especially in emerging & developing economies

Governments need to work with businesses to (1) plan ahead for a #JustTransition (2) track progress made over time. This will be critical to the success of #JETPs and UN Climate Change work on just transition. World Benchmarking Alliance worldbenchmarkingalliance.org/news/how-can-w…

“If you cannot set a credible course for net-zero [emissions]... you should not be in business. Your core product is our core problem. We need a renewables revolution, not a self-destructive fossil fuel resurgence.” António Guterres theguardian.com/environment/20…

Fossil fuel consumption subsidies rose to a record of over $1 trillion in 2022 amid the global energy crisis Read more in this new commentary from IEA’s Toru Muta & Musa Erdogan on why structural changes to bring down fossil fuel demand are needed ➡️ iea.li/3YWu4yE

In this article for Clean Mobility Shift, we discuss why India needs a cohesive policy to secure the supply of critical minerals, to achieve both its net-zero emissions target and EV manufacturing ambitions. cleanmobilityshift.com/policy-regulat… IISD Energy OMI Foundation #electricvehicles

Welcoming our new partners at the SLOCAT Partnership Annual Meeting 2023: Centro Para la Sostenibilidad Urbana and World Benchmarking Alliance ✨ 🎉 🔖 More about SLOCAT Partners: 👉🏼 slocat.net/our-partners

Tomorrow, we will launch our first-ever #BuildingsBenchmark, which assesses 50 influential companies on their low carbon footprint targets, a critical step towards promoting sustainable business practices in the #buildingssector. 1/6

The World Benchmarking Alliance position paper on the UN High Level Expert Group recommendations is out! We now look forward to working with partners including UN Climate Change in holding #netzero initiatives and companies accountable for their actions. worldbenchmarkingalliance.org/impact/positio…

The #GlobalStocktake must build a bridge between the actions of governments and non-state entities. World Benchmarking Alliance Climate Chance stay tuned for recommendations later this year for a new UN Climate Change accountability mechanism worldbenchmarkingalliance.org/news/2023-glob…

It’s about time. Shell admits 1.5C climate goal means immediate end to fossil fuel growth carbonbrief.org/analysis-shell…

Three of our commissioners Rachel McEwen Lang Banks, WWF Richard Hardy feature in this excellent short film looking at the high social and economic stakes for delivering #justtransition and how we build consensus around the big choices and trade-offs.

📢 Join us for an engaging webinar on 26 April, where we'll discuss leveraging our learnings from the #BuildingsBenchmark2023 to foster commitments to delivering efficient low-carbon and zero-carbon-ready buildings in the #buildingsector. Register here: bit.ly/3H9boFo

Valuable new piece from Center on Global Energy Policy: Assessing ESG Risks in National Oil Companies: Transcending ESG Ratings with a Better Understanding of Governance energypolicy.columbia.edu/publications/a…

Speakers Antoine Gillod Climate Chance, Sabrin Rahman COP28 UAE, Marine Pouget Réseau Action Climat, Joachim Roth World Benchmarking Alliance, @BeverleyCornaby, Cambridge Institute for Sustainability Leadership (CISL), Helen Finlay CDP 👉 Follow the event online lnkd.in/excCXmVq

Join us at this event at #LCAW2023, hosted by World Benchmarking Alliance with Carbon Tracker and IISD Energy Find out how National Oil Companies can develop more credible transition plans and shift their financial flows. Register here: bit.ly/46lqXEW

📣National oil companies must play a key role in the #CleanEnergy transition. How can NOCs develop credible transition plans & align financial flows with 1.5°C? Hear from IISD's Angela Picciariello at this #LCAW side event! Organized by World Benchmarking Alliance.👇 bit.ly/46lqXEW

The oil & gas sector's role as one of 🇨🇦's economic engines is already changing: ⚠️ 53K jobs lost from 2014-2019 ⚠️ Expected 📉 demand will 📈 disruption Our 🆕 report warns business as usual is no longer an option. ➡️ iisd.org/story/setting-… #ReEnergizingCanada

I will discuss our new work on the role of investors and NOCs in the energy transition at this press conference, 9am tomorrow at COP28 in Press Conference room 2. Or if you're following from afar, check the livestream here: unfccc.int/event/nrgi-nat…

"World Benchmarking Alliance data shows that 1/4 of national oil co.s have listings on international stock markets...Credit agencies, share/bondholders & banks can engage to help them onto a Paris-aligned pathway." - Dr Natalie Jones @#COP28 More from IISD 👉 iisd.org/publications/b… 7/

📢New good practice case! Our partner WBA has benchmarked the integration of social dialogue and just transition at the company level. Discover the results: 🎯Areas for progress 👏Observed good practices 💼Leverage for policy formulation Check it out👉 bit.ly/4awBuyO