Out With the Old, Slow With the New

Table of Contents

• Table ES1. Summary assessment of publicly available fossil fuel policies in 18 high-income signatories of the CETP and the European Investment Bank (EIB), as of July 2024 4
• Table ES2. Summary assessment of publicly available clean energy policies in 18 high-income signatories of the CETP and the EIB, as of July 2024 5
• Table 1. Summary assessment of publicly available fossil fuel policies in 18 high-income signatories of the CETP and the EIB, as of July 2024 21
• Table 2. Summary assessment of publicly available clean energy policies and strategies in 18 high-income signatories of the CETP and the EIB, as of July 2024 24
• Table B1. Fossil fuel policy assessment framework 34
• Table C1. Fossil fuel policies in DFIs 35
• Table C2. Fossil fuel policies in export credit agencies 42
• Box 1. Violations of the CETP commitment 16
• Box 2. Norway and Australia 18
• Figure ES1. CETP signatories’ international energy financing for clean energy, fossil fuels, and other energy (2018–2023) 3
• Figure 1. CETP signatories’ energy financing for clean energy, fossil fuels, and other energy (2018–2023) 12
• Figure 2. CETP Signatories’ international energy financing, 2023 versus 2019–2021 annual average 14
• Figure 3. Change in CETP signatories’ international public finance for clean energy and for fossil fuels, 2023 relative to 2019–2021 annual average 15
• Figure 4. Fossil fuel financing by original CETP signatories after the implementation deadline, 2023–July 2024 17
• Figure 5. Top 20 countries receiving international public finance for clean energy, 2019–2021 average and 2023 18
• Figure 6. Australia’s energy financing, 2018–2023 19
• Figure 7. Norway’s fossil fuel financing, 2021–2023 19
• 1.0 Introduction 10
• 1.1 The Clean Energy Transition Partnership 10
• 1.2 Aims and Structure of the Report 11
• 2.0 Trends in CETP Signatories’ Support for Energy 12
• 3.0 Progress on Policies to End International Public Support for Fossil Fuels 20
• 4.0 Progress on Policies to Prioritize International Public Support for Clean Energy 23
• 5.0 Conclusion and Recommendations 26
• References 28
• Appendix A. Methodology 32
• Appendix B. Policy Assessment Framework 34
• Appendix C. Fossil Fuel Exclusion Policy Analysis 35