Giving Compass' Take:

• Devex explores the challenges involved for organizations concerned about climate change in addressing non-renewable energy projects that still receive major financial backing worldwide.

• Will shaming banks into withdrawing support for fossil fuels be enough to tamp down investments? Perhaps a more constructive dialogue is needed, as this article shows how development orgs can act as financial "educators."

Here's how we can also advance equity when it comes to clean energy solutions.

Even as the impacts of climate change are increasingly felt worldwide, coal plants, gas pipelines, and other non-renewable energy projects continue to receive vast sums of funding from the world’s biggest development banks. For many, the financing of non-renewables is an issue that needs to be addressed by development and humanitarian sectors  — both within developing and donor countries.

Alex Doukas, stop funding fossils program director of Oil Change International, is part of a group of organizations putting pressure on institutions and governments still funding “last century's dirty energy technologies” — or non-renewable energy projects.

Among the partner organizations on the Big Shift Global campaign are, Christian Aid, the Overseas Development Institute, and Tearfund.

Their work involves investigating how organizations such as the World Bank Group, China Development Bank, Development Bank of Japan, European Bank for Reconstruction and Development, European Investment Bank, Export Development Canada, International Finance Corporation, and more, are funding non-renewable energy projects directly or indirectly.

The "Dirty Dozen” briefing released late last year named and shamed development and finance banks contributing to projects, such as the Trans-Adriatic and Trans-Anatolian gas pipelines, Atimonan One Energy coal project in the Philippines, Petrobras oil and gas development in Brazil, and the Thabametsi coal plant in South Africa.

Read the full article about curbing the finance of dirty energy by Lisa Cornish at Devex International Development.