The Big Shift: Urging Public Finance Institutions to stop funding fossil fuels

Multilateral development banks, like the World Bank and African Development Bank, manage and invest huge amounts of public money in development projects. We need them to get all their money out of dirty fossil fuels and into affordable renewable energy to reach and benefit even the most vulnerable and remote communities.

The Big Shift Global’s vision is for all people to have access to clean and affordable renewable energy. We want a world without illnesses from pollution or fear of climate change from carbon emissions.

More than a billion people in the world still don’t even have electricity, let alone clean energy, so there’s a long way to go, and we need your help.

These multilateral development banks (MDBs) agree that climate change is affecting the poorest people on the planet, and have goals to end extreme poverty globally within a generation. However, they still support projects that contribute to climate change.

The MDBs need to put their money where its mouth is.

We are calling for much greater transparency about the impact of their investments in energy on the lives of ordinary women, men and children.

Lettre ouverte à la Banque Africaine de Développement, lui demandant d’arrêter le financement des centrales thermiques au charbon en Afrique

25 Mai 2018 – Journée Mondiale de l’Afrique

A l’occasion de la Journée Mondiale de l’Afrique en 2018, une lettre ouverte à la Banque Africaine de Développement (BAD) a été remise en main propres à la banque à l’issue d’une marche pacifique organisée par #BreakFree, un mouvement qui milite pour la fin des combustibles fossiles.

Vingt-sept organisations des quatres coins du continent, dont l’African Climate Reality Project, sont signataires de la lettre qui exprime leur profonde inquiétude concernant la décision de la BAD de financer des centrales thermiques au charbon au Sénégal, au Nigeria et au Kenya. La lettre exhorte la banque à revoir cette décision avant qu’il ne soit trop tard. Elle ajoute que la banque devrait plutôt accroitre son financement pour des projets d’énergie renouvelable de taille diverses à travers le continent africain.

Cliquez sur le lien ci-dessous pour lire la lettre complète, puis téléchargez-la et signez-la – chaque signature compte ! Il est temps que l’Afrique #BreakFree [se débarrasse] des énergies fossiles pour de bon.

Open letter to the African Development Bank, urging them to phase-out finance to coal-fired power plants in Africa

25 May 2018 – Africa Day

On Africa Day 2018, an open letter to the African Development Bank (AfDB) was delivered to the bank’s front door as the final stop on a peaceful march for the #BreakFree from fossil fuels movement.  Twenty-seven organisations from across the continent, including African Climate Reality Project, have endorsed the letter that expresses deep concern  regarding the decision of the AfDB to finance coal power projects in Senegal, Nigeria and Kenya, and urges the bank to revise this decision before it is too late, adding that they should rather increase funding for renewable energy projects at multiple scales all over Africa.

Follow the link below to read the full letter, and then download it and sign it yourself – every signature counts!  It’s Africa’s time to #BreakFree from fossil fuels for good.

Letter to the African Development Bank, urging for people-centred climate-resilient development in Africa

A group of over 40 civil society representatives from across Africa and worldwide came together in Abidjan, Cote d’Ivoire on the sidelines of the 2018 Civil Society Forum of the African Development Bank (AfDB), and ahead of the 2018 Annual Meetings of the AfDB scheduled for Busan, Republic of Korea May 21 – 25, 2018 to advance their advocacy for people-centred climate-resilient development and industrialization in Africa through the lens of gender, energy, participation and accountability.  Among several key points, they have urged the AfDB and its shareholders to stop financing coal-fired power plants and fuelling climate change.

Download the full communique

Dirty Dozen – How Public Finance Drives the Climate Crisis through Oil, Gas, and Coal Expansion

December 2017 — As heads of state and leading institutions gather on 12th December 2017 in Paris to celebrate the second anniversary of the Paris Agreement on climate change, a new briefing from the Big Shift Global campaign profiles twelve fossil fuel projects – the “Dirty Dozen” – that exemplify the massive volumes of public finance still flowing to fossil fuel projects. These preferential fossil fuel finance flows that benefit the oil, gas, and coal industries are slowing down the energy transition in the global economy, and undermining the spirit of the Paris Agreement and Sustainable Development Goals.

Download the Dirty Dozen briefing.

Sign-On Letter: G20 Nations and Multilateral Development Banks – Stop Funding Fossils

11/12/2017 — One the eve of the One Planet Summit in Paris, France, as governments and stakeholders gather to discuss the urgent need for climate finance, over 180 civil society groups released a letter being sent to leaders of multilateral development banks, including the World Bank, and leaders of G20 governments.

Download the letter.

Letter to the World Bank urging to prioritise forests

15/11/2017 — Read our letter to the World Bank calling on the institution to fulfill its commitment to prioritise forests and forest peoples’ rights in its support to borrowing countries and the implementation of their nationally determined contributions (NDCs).
[English | French | Spanish]

Latest press releases

12/12/2017 — At the One Planet Summit in Paris, France, on 12 December 2017, the World Bank Group (WBG) made a series of announcements, including a headline announcement that they will end finance for upstream oil and gas projects after 2019, in order to align its support to help countries meet their goals under the Paris Agreement. ACRP and all Big Shift Global campaign partners welcome this WBG major commitment which results from a concerted push building on decades of campaigning by communities and civil society worldwide. Read our press release here.

11/12/2017 — As world leaders prepare to lift up a dozen “transformational” climate projects at the One Planet Summit co-hosted by the World Bank on 12 December 2017, civil society highlights a “Dirty Dozen” projects through a Big Shift campaign briefing. Read our press release here.

16/10/2017 — The Big Shift global campaign alliance welcomes World Bank Group’s announcement to track emissions and calls on them to stop funding fossil fuels by 2020. Read our press release here.

About the campaign

The African Climate Reality Project is a member of the Big Shift Global, a multi-stakeholder, global campaign coordinated by organisations from the Global North and South. Together, we aim to make the people’s views on energy finance known to Multilateral Development Banks (MDBs), their Executive Directors, as well as the Heads of State and Finance Ministers of the members countries. Leveraging public opinion is crucial to aligning decisions made by the MDBs with long-term climate safety and poverty goals – this inevitably involves a shift away from financing any form of fossil fuels to financing clean, sustainable, renewable energy for all.

The first phase of this campaign is focusing on the World Bank to make their commitment to 1.5C and SDGs clear at their Annual Meetings in October 2017. The campaign will engage the regional development banks in 2018 through 2020 urging them to go 100% RE by or before 2020. In 2017, some of our campaign milestones are: Oct 13-15 – World Bank Annual Meetings, Nov 6-17 – UN Climate Talks and Dec 12 – 2nd anniversary of Paris Agreement.

ACRP supports the initiative, together with other organisations around the world: 11.11.11, 350.org, Abibiman Foundation, Africa Coalition for Sustainable Energy & Access (ACSEA), African Climate Reality Project, Asia Climate Change Consortium (ACCC), Bank Information Center (BIC), Both Ends, The Bretton Woods Project, CEDLA, Centro Humboldt, Climate Action Network (CAN), Christian Aid, Church World Service (CWS), E3G, Fossil Free South Africa, Global Catholic Climate Movement, Grupo de Financiamiento Climático para América Latina y el Caribe (GFLAC), GreenFaith, Inspiraction Spain, Inspiraction USA, Oil Change International, Overseas Development Institute (ODI) – research partner, the Natural Resources Defense Council, Pan African Climate Justice Alliance (PACJA), Reclaim Power, Season of Creation, Swedish Society for Nature Conservation, The Energy Mix, Vasudha Foundation  and Urgewald.