During the commodity boom of the last two decades, many governments and state-owned enterprises in developing countries signed significant “resource-backed loans”. NRGI experts look into a large number of these agreements that have recently been released.

New NRGI research reveals that national oil companies will likely struggle to profit from $400 billion in anticipated investments if the Paris climate goals are met. Governments in many oil-rich emerging economies ought to critically assess the risks associated with pushing further into oil production.

On 21 April, NRGI and IISD co-hosted the first in a series of webinars aiming to fill this gap. National oil companies are key players in the global oil and gas industry - they produce half of the world's oil and gas. But their global efforts to address climate change is often overlooked. Watch the recording of the event.

Photo: Suthep Kritsanavarin for NRGI