"Global Public Investment Requirements for Zero Carbon examines how international aid, loans from development banks and export finance all continue to fund fossil fuel-dependent developments. This is particularly true in the transport sector, which soaked up around 20% of global official development assistance from 2014-2019. And rather than zero carbon transport systems to serve local populations, much of this aid is funding new roads, airports, ports and rail projects that support export-orientated economic growth.

The report sets out three clear recommendations the following:
- Climate finance must be additional to the meeting of existing 0.7% target for aid;
- All countries must stop financing infrastructure that locks in fossil fuel use and align aid and public expenditure to tackling the climate and ecological emergency;
- Global public investment must be more accountable, equitable and effective."

Support: Digital

ISBN (PDF) : 978-1-913908-10-2