Laurie van der Burg
@laurievdburg.bsky.social
@oilchange.bsky.social campaigner working to support a just transition off of fossil fuels. Previously #KlimaatzaakShell @milieudefensie & research @ODIclimate.
As governments look for ways to scale climate finance and reduce fossil fuel dependency, NDBs deserve more attention.
📖 Read the report: oilchange.org?post_type=pu...
cc @oilchange.org @bronwentucker.bsky.social.
📖 Read the report: oilchange.org?post_type=pu...
cc @oilchange.org @bronwentucker.bsky.social.
Untapped Potential: National Development Banks Can Anchor Just Energy Transition - Oil Change International
As governments look for ways to reduce fossil fuel dependence and build greater energy sovereignty, outdated financial rules, debt burdens, and volatile
oilchange.org
July 9, 2026 at 10:02 AM
As governments look for ways to scale climate finance and reduce fossil fuel dependency, NDBs deserve more attention.
📖 Read the report: oilchange.org?post_type=pu...
cc @oilchange.org @bronwentucker.bsky.social.
📖 Read the report: oilchange.org?post_type=pu...
cc @oilchange.org @bronwentucker.bsky.social.
But the picture is mixed.
🛢️A handful of NDBs are still fuelling fossil fuel lock-in. 78% of fossil finance found in 2022-24 came from Canada, South Korea, and China.
🌱 Meanwhile, 88% of renewable energy finance came from NDBs in China, Brazil, and India.
🛢️A handful of NDBs are still fuelling fossil fuel lock-in. 78% of fossil finance found in 2022-24 came from Canada, South Korea, and China.
🌱 Meanwhile, 88% of renewable energy finance came from NDBs in China, Brazil, and India.
July 9, 2026 at 10:02 AM
But the picture is mixed.
🛢️A handful of NDBs are still fuelling fossil fuel lock-in. 78% of fossil finance found in 2022-24 came from Canada, South Korea, and China.
🌱 Meanwhile, 88% of renewable energy finance came from NDBs in China, Brazil, and India.
🛢️A handful of NDBs are still fuelling fossil fuel lock-in. 78% of fossil finance found in 2022-24 came from Canada, South Korea, and China.
🌱 Meanwhile, 88% of renewable energy finance came from NDBs in China, Brazil, and India.
Governments can wield them to support development priorities and reduce costly fossil fuel dependency. Our report highlights examples from 🇧🇷 Brazil, 🇩🇪 Germany, 🇨🇷 Costa Rica, and 🇲🇽 Mexico.
July 9, 2026 at 10:02 AM
Governments can wield them to support development priorities and reduce costly fossil fuel dependency. Our report highlights examples from 🇧🇷 Brazil, 🇩🇪 Germany, 🇨🇷 Costa Rica, and 🇲🇽 Mexico.
NDBs are also uniquely placed to deliver just, country-led energy transitions. They're rooted in national economies and have a stronger track record of creating local jobs and reinvesting domestically than their international peers.
July 9, 2026 at 10:02 AM
NDBs are also uniquely placed to deliver just, country-led energy transitions. They're rooted in national economies and have a stronger track record of creating local jobs and reinvesting domestically than their international peers.
While MDBs typically get the spotlight for their role in funding the energy transition, NDBs are often overlooked. Yet, G20 NDBs already invest more in renewable energy ($36 billion a year) than MDBs and bilateral public finance institutions combined ($29 billion).
July 9, 2026 at 10:02 AM
While MDBs typically get the spotlight for their role in funding the energy transition, NDBs are often overlooked. Yet, G20 NDBs already invest more in renewable energy ($36 billion a year) than MDBs and bilateral public finance institutions combined ($29 billion).
Reposted by Laurie van der Burg
8/ 📢 New op-ed from the Asian People’s Movement on Debt and Development's Lidy Nacpil & @esbast.bsky.social: At #COP30, public finance is the key to a fair fossil fuel phaseout. No more excuses. Rich countries must pay their fair share.
🔗 www.commondreams.org/opinion/cop3...
🔗 www.commondreams.org/opinion/cop3...
At COP30, Progress on Public Finance Is Critical for a Fair Fossil Fuel Phaseout | Common Dreams
As ministers arrive in Belém for the final COP30 sprint, the world must move from words to action: That means ending fossil fuel expansion and unlocking the public finance needed to build a fair, fast...
www.commondreams.org
November 21, 2025 at 6:22 PM
8/ 📢 New op-ed from the Asian People’s Movement on Debt and Development's Lidy Nacpil & @esbast.bsky.social: At #COP30, public finance is the key to a fair fossil fuel phaseout. No more excuses. Rich countries must pay their fair share.
🔗 www.commondreams.org/opinion/cop3...
🔗 www.commondreams.org/opinion/cop3...
"The fossil fuel phaseout roadmap we are fighting for at COP30 needs to address systemic economic barriers to the transition, not prop up debt traps and dead ends that prolong the fossil fuel era.”
@oilchange.bsky.social @rlalen.bsky.social @canclimateaction.bsky.social @350.org @foeint.bsky.social
@oilchange.bsky.social @rlalen.bsky.social @canclimateaction.bsky.social @350.org @foeint.bsky.social
November 19, 2025 at 8:10 PM
"The fossil fuel phaseout roadmap we are fighting for at COP30 needs to address systemic economic barriers to the transition, not prop up debt traps and dead ends that prolong the fossil fuel era.”
@oilchange.bsky.social @rlalen.bsky.social @canclimateaction.bsky.social @350.org @foeint.bsky.social
@oilchange.bsky.social @rlalen.bsky.social @canclimateaction.bsky.social @350.org @foeint.bsky.social
@bronwentucker.bsky.social says: "GS countries can't leverage enough private finance for the transition with the pennies of climate finance they're offered. This approach has been pushed for years & the results are in. Energy transitions are driven by public funding & public planning."
November 19, 2025 at 8:10 PM
@bronwentucker.bsky.social says: "GS countries can't leverage enough private finance for the transition with the pennies of climate finance they're offered. This approach has been pushed for years & the results are in. Energy transitions are driven by public funding & public planning."