E3G

🎥 Missed our #OilEndgame launch #webinar last week? Revisit the discussion and key findings from the launch. As global oil demand approaches a turning point, the challenge is not simply reducing dependence on oil but managing the geopolitical and economic consequences of declining demand. E3G’s new Playing the Oil Endgame report finds that the major risks arise from disorder in the transition, rather than the rate at which demand declines. Producer fragility can become importer insecurity. Declining revenues can create debt distress, political instability and wider security risks, while oil-producing economies are likely to become more strategic as they seek to protect revenues and market access. But how this unfolds is not predetermined. Importers, financial institutions and climate diplomats can help create the conditions for a more orderly transition through: 🌍 Proactive diplomacy with producer countries 💰 Transition finance to support a more orderly shift 📈 Diversification investment to create credible alternatives to oil revenues 📣 Clearer demand signals to help producers prepare for what comes next Our launch webinar brought together experts from international organisations, academia and civil society to explore these risks, the choices facing producer and consumer countries, and the international cooperation needed to prepare for the oil endgame. ▶️ If you missed the discussion, watch the recording here: https://lnkd.in/ecCGAicA 📖 Explore the full Playing the Oil Endgame report: https://lnkd.in/eGcza7cY

#Europe's industrial future will be built locally. 🏭 Yet as a new #EU industrial strategy takes shape, the role of local and regional authorities risks being overlooked.    📍 Local and regional authorities are already using the levers at their disposal to deliver the industrial transition. Cities and regions help deliver investment, infrastructure, skills and innovation, all central to strengthening Europe's competitiveness while advancing decarbonisation.    🤝 The EU and member states must work together to empower local and regional authorities to fulfil their potential for delivery, because the industrial transition will ultimately be delivered not in Brussels, but in Europe's regions, cities and industrial communities.    🔗 Read more in our new briefing by Clàudia Fernández Cuñado and Michael Forte: https://lnkd.in/e9CXk6XV ERRIN FEDARENE Energy Cities ICLEI Europe Eurocities Cities Northern Netherlands Région Hauts-de-France European Trade Union Confederation (ETUC) Hydnum Steel thyssenkrupp Steel 

🧱 BRIC by BRIC — Laying the Foundation for a Resilient Future As world leaders gather in New Delhi for the 18th #BRICS leaders’ Summit this weekend, the backdrop is marked by rising geopolitical tensions. While complete consensus across all issues is unlikely, the high level of participation shows that countries still deeply value BRICS as a space for action.   With 11 members, #BRICS has grown into a vital platform for discussions on global #trade, #energy, #finance, and #climate action – representing  49.5 per cent of the global population, 40 per cent of global GDP, and 26 per cent of global trade. Ahead of the summit, E3G and the Foreign Policy Community of Indonesia hosted a public discussion bringing together perspectives from Brazil, India, Indonesia, and China. Three themes emerged: 🔹 Practical cooperation matters more than perfect consensus. Despite geopolitical tensions, countries continue to see value in BRICS as a forum for action. 🔹 Climate and development are becoming more closely linked. Opportunities exist to strengthen cooperation on clean energy, industrial competitiveness, grid resilience and affordable finance. 🔹 Implementation is the real test. The future relevance of BRICS will depend less on declarations and more on its ability to deliver institutions, investment pipelines and concrete outcomes. 🎥 Watch the webinar here and explore insights from Gustavo Pinheiro Lei X. Madhura Joshi Nakul Sharma Calvin Khoe Archana Chaudhary: https://lnkd.in/eRb2rnyh #BRICS #ClimateDiplomacy #EnergyTransition #ClimateFinance #GlobalSouth #InternationalCooperation

📢 The UK's high electricity costs are holding back households, businesses and growth. Today E3G and Energy UK have sent a joint letter to the UK Chancellor, signed by more than 120 businesses, trade and civil society groups, calling for all levies to be moved off electricity bills to the Exchequer to make energy costs more affordable and lower dependence on high cost gas. The benefits are massive: ⚡ Lower energy bills: Business electricity prices could fall by up to 20%, while households could see total average savings of up to £250 per year. 🏠 Tackle fuel poverty: Low-income households spend a far greater share of their income on energy levies. Electrically heated homes could save as much as £420 annually. 📈 Boost economic growth: More than 40% of companies report cutting investment due to high energy costs. Bringing UK electricity prices closer to the G7 median could add up to £250 billion to economic output over the next decade. 📉 Help reduce inflation: Lower energy costs would support wider efforts to ease inflation pressure on households and businesses.   🔗 Read more in Bloomberg: https://lnkd.in/eB3PAxQA 🔗 Press release: https://lnkd.in/etiZqJP8 Which? Age UK Aldersgate Group Electrify Britain So Energy Greenpeace ClientEarth WWF-UK British Retail Consortium British Beer & Pub Association techUK The Food and Drink Federation Logistics UK Make UK Nationwide Building Society Good Energy Utilita Energy Climate Group EDF (UK) Friends of the Earth Nesta T&E Ember UK Green Building Council (UKGBC) Kao Data Energy Saving Trust Ecotricity Chris Galpin Ed Matthew Ellie Mae O'Hagan

We don’t need another climate institution or fund – we need the existing financial architecture to work better together. That means connecting country climate and development priorities with investable pipelines, public and private capital, and ultimately finance and implementation on the ground. Reflecting on last week’s Istanbul Climate Finance Summit, @Seleha Lockwood highlights how to advance this agenda at three levels: 🏛️Institutional – strengthen governance and whole-of-government coordination through the Coalition of Finance Ministers for Climate Action and the existing ecosystem of the Country Platforms Hub and multilateral development banks. ⚙️Systemic – address upstream barriers to affordable capital, including credit-rating methodologies and prudential regulation, while showcasing innovation in developing countries to access financing for mitigation and adaptation and resilience. 🚀Delivery – demonstrate how public banks, country platforms, guarantees and private capital are turning whole-economy priorities into investment. Read more in the post below by Seleha Lockwood with contributions from Öykü Şenlen👇

E3G's weekly #newsletter is out. The United Nations General Assembly (#UNGA81) has opened in New York. It is the final UNGA of Secretary-General António Guterres, who has been a strong advocate for putting climate at the centre of the international agenda. In a world of geopolitical tensions and multilateral institutions under strain, the easy choice is to deprioritise climate and leave it for calmer times. But that would be a mistake — climate is a throughline to everything. E3G experts set out what leaders gathering in New York should show us at UNGA and the upcoming #ClimateWeekNYC. With contributions from: Kaysie Brown Cosima Cassel Tefta Kelmendi

📢 NEW REPORT | Playing the Oil Endgame: Oil producers and the geopolitics of declining demand Oil demand is nearing a turning point, but governments are not prepared for the global impacts of declining revenues for producing countries. Our new report, Playing the #OilEndgame, finds that the major risks arise from the disorder in the transition, rather than the rate at which demand declines. As oil revenues become less predictable, producer economies may face fiscal stress, debt distress and domestic instability, with consequences that can spill across borders. At the same time, producers will not simply accept lower incomes. They are likely to act strategically to protect their economies, while major demand powers increasingly shape the terms of market access. Drawing on several years of research and insights from E3G’s Oil EndGame simulation, the report explores how these dynamics could reshape global #geopolitics, #finance and #EnergySecurity. Among the key findings: ⚠️Producer fragility is a more pressing risk than oil supply scarcity 📉Transition risks are likely to appear first in sovereign finance and debt markets ♟️Producers do not exit quietly; they become more strategic 🌍Major importers including China, India, the EU and the US will increasingly shape the terms of market access 🔀The oil endgame will unfold in a more fragmented security architecture But how this unfolds is not predetermined. Producers and consumers have choices to make. Importers, financial institutions and climate diplomats can help create a more orderly oil endgame through clearer demand signals, transition finance, diversification investment and greater producer–consumer cooperation. 🔗 Explore the full findings and recommendations: https://lnkd.in/eGcza7cY And join us tomorrow, Wednesday 9 September, 11:00–12:00 BST, for the report launch webinar, bringing together experts from E3G, the International Energy Agency (IEA), University of Warwick - Warwick Business School and the European Commission to discuss the geopolitics of declining oil demand and how to avoid a disorderly transition. 🔗 Register for the webinar: https://lnkd.in/eHgSBXX2 Authors: Maria Pastukhova, Beth Walker, Charlotte Liebrecht

As oil demand peaks and eventually declines, the geopolitical consequences will not be self-stabilising.   Falling demand may reduce long-term oil dependence, but it also exposes producer economies, importers and the wider international system to a new phase of volatility.   E3G’s new #OilEndgame report draws on a series of simulations with experts and policymakers and several years of research to examine the risks facing different producer economies, the implications for major importers, and the forms of cooperation needed to support a more orderly transition.   📅 This Wednesday, join us for the launch of the report, where our panel will explore:   🔹What are the implications for producers and producer–consumer cooperation? 🔹What does the Oil Endgame mean for the geopolitics of the transition? 🔹 What are the implications for EU foreign policy and producer-country partnerships?   We’ll be joined by Michael Bradshaw, Professor of Global Energy at University of Warwick - Warwick Business School; Brendan Devlin, Adviser on International Just Transition, Methane and Hydrocarbon Phase Out at the European Commission (DG ENER); alongside E3G experts to discuss how producer transition can become a core agenda for economic resilience, energy security and geopolitical stability.     🗓 9 September 2026   🕑 14:00–15:00 CET | Online   🔗 Register: https://lnkd.in/eHgSBXX2

Where does the #EU’s climate agenda stand as Europe heads into a critical autumn? Europe has been confronted with its vulnerabilities, from #trade, #technology and #security to #energy and risks from extreme weather. Recent events have underscored the need for a more resilient European economy and stronger strategic autonomy. With major elections approaching across Europe in 2027, the window for decisive action is narrowing. Four undertakings will shape Europe’s independence bid: ⚡ Can Europe harness electrification and clean industry as levers for strategic autonomy, competitiveness and energy security? 💶 Can Europe rebuild its capacity to invest? 🌍 Can Europe build the partnerships it needs? 🏠 Will Europeans feel the benefits? Our latest analysis looks at where things stand and the milestones to watch this autumn. 👇 Explore the timeline and read the full blog from Manon Dufour, Pepe Escrig and Pietro Cesaro for more details: https://lnkd.in/efHMQ_Z5