Positioning Publish What You Pay on the energy transition
A managed decline of fossil fuel production is necessary to tackle the climate crisis and to create long-term prosperity.
The transition to low carbon energy can contribute towards a resilient post-pandemic recovery, secure sustainable development, improve air quality and biodiversity, and benefit citizens.
However, without a concerted and organized effort by civil society, the energy transition risks being both inadequate and unfair, undermining economic benefits and livelihoods, and weakening citizen participation in the management of their natural resources.
As the worldwide campaign for open and accountable extractive industries, PWYP advocates for a people-centered, economically fair and socially just transition to a low carbon economy. The disclosure of information is a crucial call for the movement, as it enables investors, policymakers and citizens to understand and address the significant financial risks of the energy transition for companies and countries dependent on extracting, producing and using coal, oil and natural gas. PWYP also calls for transformative governance of transition minerals, so that these resources truly benefit citizens and do not perpetuate existing global inequality.
“Publish Your Plans: The Disclosures Needed to Support a Managed Decline of Oil and Gas Production and an Informed Energy Transition” - a new handbook published by PWYP USA provides advocates and activists key information on what oil and gas companies should be disclosing in their energy transition plans. It introduces and clarifies the concepts…
To make the most of the transition minerals boom, African leaders need to come together and act urgently to ensure that the emerging transition minerals market is well-regulated, transparent, just and equitable. The world needs to stop burning fossil fuels. Climate change is already happening and to prevent the worst impacts we must accelerate the…
As the trilogue negotiations on the final text of the Corporate Sustainability Reporting Directive progress, the Publish What You Pay Coalition (PWYP) calls on the negotiators from the European Parliament and the Council to give due attention to the business risks and environmental and social impacts associated with oil, gas and mining companies. Download our…
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