Publications

The Transition Plans published by Italy’s leading oil and gas companies exhibit significant shortcomings, particularly in the quantitative analysis of risks, the planned reduction in hydrocarbon production, and transparency around geographic and regulatory dependencies. For these plans to be credible, they must go beyond simple reporting, incorporating rigorous analysis and a clear governance strategy that reduces uncertainty and decisively channels investment toward truly sustainable solutions.
This briefing, authored by ECCO and E3G, takes stock of the EU transition planning framework initiatives and calls for a systemic approach – moving towards a simple and holistic transition planning framework that aligns various governance systems and policy tools within the EU, while ensuring consistency with international climate goals such as the Paris Agreement.
Given the imperative to mobilize private investment at the scale required to address climate change, the effective deployment of funding, policies, and frameworks becomes paramount. In this context, it is imperative to place Transition Plans (TPs) at the heart of the G7 finance agenda as primary tools to re-orient and re-design private and public choices towards resilient and sustainable economic systems.
The Transition Plans published by Italy’s leading oil and gas companies exhibit significant shortcomings, particularly in the quantitative analysis of risks, the planned reduction in hydrocarbon production, and transparency around geographic and regulatory dependencies. For these plans to be credible, they must go beyond simple reporting, incorporating rigorous analysis and a clear governance strategy that reduces uncertainty and decisively channels investment toward truly sustainable solutions.
This briefing, authored by ECCO and E3G, takes stock of the EU transition planning framework initiatives and calls for a systemic approach – moving towards a simple and holistic transition planning framework that aligns various governance systems and policy tools within the EU, while ensuring consistency with international climate goals such as the Paris Agreement.
Given the imperative to mobilize private investment at the scale required to address climate change, the effective deployment of funding, policies, and frameworks becomes paramount. In this context, it is imperative to place Transition Plans (TPs) at the heart of the G7 finance agenda as primary tools to re-orient and re-design private and public choices towards resilient and sustainable economic systems.