ENERGY FINANCE TRACKER: - Monitoring energy finance trends to demand for a community-led and just energy transition

The UN Framework on Climate Change Convention (UNFCCC), the agency responsible for managing the annual Conference of the Parties (COP), announced that the COP28 agreement signals the “beginning of the end” of the fossil fuel era. [...] While, at the time of writing, the EIB website did not provide information on the kind of renewable energy projects, the website of the financial intermediary states that they cater to “clients across the oil & gas sector to meet the financial needs of both international and local oil & gas companies”. [...] The Energy Finance Tracker found 21 projects that are linked to mining for transition minerals, such as lithium and cobalt, with 5 of these projects located in Latin America and the Caribbean - financed by the IADB and the IFC - and 11 in the Europe and Central Asia region. [...] At the top of the page, you can: > Explore our methodology – click on the red button at the top > Review instructions on how to navigate the EFT – click on the left button at the top (see figure below) > Select the geographical region(s) you want to explore – if you click on the name of the region in the blue bar, the EFT will show you the number and the characteristics of the projects in that par. [...] In the central part of the page, you can: > Review the development banks investing in the energy sector – they are listed in order of number of projects (i.e., those with the highest number of projects invested will be at the top of the list); if you click on the red bar next to the name of the banks, the EFT will only show the projects by that bank.