Illustration: Sarah Grillo/Axios

G20 governments' pandemic recovery packages are steering much more funding to fossil fuel industries and energy-intensive sectors like airlines than "clean" energy, an Energy Policy Tracker project from several think tanks and activist groups shows.

Why it matters: International agencies like the United Nations and International Monetary Fund have been urging governments to prioritize climate-friendly energy in economic recovery packages.

By the numbers: According to the new database, thus far G20 governments' commitments provide...

  • $151 billion for policies "supporting production or consumption of fossil fuels."
  • Of that amount, only $30 billion comes with climate targets or new emissions requirements.
  • Meanwhile, $89 billion has been steered toward "clean" sectors like energy efficiency, solar and wind.
  • There's another $28 billion in the "other energy" category that doesn't fall into their "fossil" or "clean" taxonomy, such as " biofuels and hydrogen of unspecified origin."

Yes, but: Quartz points out an important caveat.

  • "This analysis only counts funding that has been officially committed. Stimulus funds that are still in discussion, like the European Union’s $850 billion green recovery plan, are not included," the piece notes.
  • The groups plan to update the tracking tool on a weekly basis as more recovery spending is approved.

The big picture: “National and subnational jurisdictions that heavily subsidized the production and consumption of fossil fuels in previous years have once again thrown lifelines to oil, gas, coal, and fossil fuel-powered electricity," said Ivetta Gerasimchuk of the International Institute for Sustainable Development.

  • Her group launched the project with organizations including the Institute for Global Environmental Strategies, the activist group Oil Change International, the Overseas Development Institute and others.

Go deeper

What Kamala Harris means for Biden's climate change plans

Photo illustration: Aïda Amer/Axios. Photo: Joshua Lott/Stringer.

Sen. Kamala Harris' VP selection could heighten the ticket's focus on environmental justice while prompting fresh Trump campaign political attacks on Democrats' energy plans.

Why it matters: Her introduction comes in an election year that has seen more emphasis on climate change than prior cycles. One effect of the movement ignited by the police killing of George Floyd is a new focus on environmental burdens that poor people and communities of color face.

Wind and solar power hit record global market shares in first half of 2020

Reproduced from Ember; Chart: Axios Visuals

A steep decline in coal-fired power combined with rising wind and solar output drove the carbon-free sources to record global market share in the first half of 2020, per a new analysis from the environmental think tank Ember.

Why it matters: The report shows how the coronavirus pandemic is speeding the ongoing shakeup of the global power mix — but also how it's occurring too slowly to reach international climate goals.

IEA cuts oil demand forecast, citing "stalling" mobility

Illustration: Eniola Odetunde/Axios

The International Energy Agency has again lowered its projected global oil demand estimates, "reflecting the stalling of mobility as the number of COVID-19 cases remains high."

Why it matters: The agency's analysis Thursday is the first time in several months that IEA deepened its projection of the extent of the pandemic-driven demand collapse.