Franklin Steves
@franklinsteves.bsky.social
Husband, father, Senior Policy Adviser, International Financial Architecture Reform at Climate Think Tank @E3G.
In that order.
All views my own.
In that order.
All views my own.
Reposted by Franklin Steves
History doesn't repeat, but it rhymes, a #climatefinance story:
After the $100bn climate finance goal was agreed in 2009, the UN Secretary General created a High-Level Advisory Group on Climate Change Financing (AGF) to study potential sources of revenue to meet the new goal, led by the PMs of 🇪🇹&🇳🇴
After the $100bn climate finance goal was agreed in 2009, the UN Secretary General created a High-Level Advisory Group on Climate Change Financing (AGF) to study potential sources of revenue to meet the new goal, led by the PMs of 🇪🇹&🇳🇴
High-Level Advisory Group on Climate Change Financing - Final Report
web.archive.org
November 14, 2025 at 11:25 PM
History doesn't repeat, but it rhymes, a #climatefinance story:
After the $100bn climate finance goal was agreed in 2009, the UN Secretary General created a High-Level Advisory Group on Climate Change Financing (AGF) to study potential sources of revenue to meet the new goal, led by the PMs of 🇪🇹&🇳🇴
After the $100bn climate finance goal was agreed in 2009, the UN Secretary General created a High-Level Advisory Group on Climate Change Financing (AGF) to study potential sources of revenue to meet the new goal, led by the PMs of 🇪🇹&🇳🇴
Europe urgently needs to shape a credible, politically viable response on adaptation finance at COP30, where climate finance-particularly for adaptation-poses a major risk to global cooperation.
This is what a credible response looks like.
This is what a credible response looks like.
Shaping Europe's response on adaptation finance at COP30
Europe urgently needs to shape a credible, politically viable response on adaptation finance at COP30, where climate finance – particularly for adaptation – poses a major risk to global cooperation.
www.e3g.org
November 11, 2025 at 1:53 PM
Europe urgently needs to shape a credible, politically viable response on adaptation finance at COP30, where climate finance-particularly for adaptation-poses a major risk to global cooperation.
This is what a credible response looks like.
This is what a credible response looks like.
Reposted by Franklin Steves
This is powerful research showing that the UK has saved over £100 Billion on our energy bills due to the roll out of wind power. That is the saving after accounting for green subsidies. This shreds false claims by Reform that renewables drives up energy bills. They are lying. The reverse is true
Wind power has cut £104bn from UK energy costs since 2010, study finds
Reduction comes from energy generated from windfarms and lower cost of gas owing to lower demand
www.theguardian.com
October 28, 2025 at 2:27 PM
This is powerful research showing that the UK has saved over £100 Billion on our energy bills due to the roll out of wind power. That is the saving after accounting for green subsidies. This shreds false claims by Reform that renewables drives up energy bills. They are lying. The reverse is true
The fundamental risk to the IMF's core mandate - global financial stability - is climate change.
encompass-europe.com/comment/the-...
encompass-europe.com/comment/the-...
The IMF cannot afford to sideline climate
This week, the International Monetary Fund (IMF) and World Bank are convening in Washington, DC, for their biannual check-up on the health of the global economy.
At the Annual…
encompass-europe.com
October 13, 2025 at 8:13 PM
The fundamental risk to the IMF's core mandate - global financial stability - is climate change.
encompass-europe.com/comment/the-...
encompass-europe.com/comment/the-...
Reposted by Franklin Steves
Europeans are going to have to grasp the mantle and take global leadership on climate finance. This is how they can - and why they must.
www.e3g.org/news/how-the...
www.e3g.org/news/how-the...
How the Global Gateway Forum could help shape Europe's new development and climate finance landscape
European governments and EU institutions are grappling with budget constraints, competing domestic priorities, political volatility and geopolitical fragmentation. Meanwhile, the climate imperative in...
www.e3g.org
October 7, 2025 at 5:58 PM
Europeans are going to have to grasp the mantle and take global leadership on climate finance. This is how they can - and why they must.
www.e3g.org/news/how-the...
www.e3g.org/news/how-the...
Reposted by Franklin Steves
The Global Gateway Forum starts today in Brussels, a key moment for #Europe to align its #climate and development finance ambitions.
In a new E3G blog, @franklinsteves.bsky.social sets out priorities for coherence, accountability and private finance mobilisation.
www.e3g.org/news/how-the...
In a new E3G blog, @franklinsteves.bsky.social sets out priorities for coherence, accountability and private finance mobilisation.
www.e3g.org/news/how-the...
How the Global Gateway Forum could help shape Europe's new development and climate finance landscape
European governments and EU institutions are grappling with budget constraints, competing domestic priorities, political volatility and geopolitical fragmentation. Meanwhile, the climate imperative in...
www.e3g.org
October 9, 2025 at 11:00 AM
The Global Gateway Forum starts today in Brussels, a key moment for #Europe to align its #climate and development finance ambitions.
In a new E3G blog, @franklinsteves.bsky.social sets out priorities for coherence, accountability and private finance mobilisation.
www.e3g.org/news/how-the...
In a new E3G blog, @franklinsteves.bsky.social sets out priorities for coherence, accountability and private finance mobilisation.
www.e3g.org/news/how-the...
Europeans are going to have to grasp the mantle and take global leadership on climate finance. This is how they can - and why they must.
www.e3g.org/news/how-the...
www.e3g.org/news/how-the...
How the Global Gateway Forum could help shape Europe's new development and climate finance landscape
European governments and EU institutions are grappling with budget constraints, competing domestic priorities, political volatility and geopolitical fragmentation. Meanwhile, the climate imperative in...
www.e3g.org
October 7, 2025 at 5:58 PM
Europeans are going to have to grasp the mantle and take global leadership on climate finance. This is how they can - and why they must.
www.e3g.org/news/how-the...
www.e3g.org/news/how-the...
Reposted by Franklin Steves
Ed Matthew, E3G, UK programme director: "This is a new low point for Kemi Badenoch as she blows up the Conservative party’s credibility for protecting nature and the climate in her quest to ape the far-right policies of Nigel Farage."
https://bit.ly/4gT1l7G
https://bit.ly/4gT1l7G
As Tories vow to scrap ‘failed targets’, how do their climate claims stack up?
We fact check Kemi Badenoch and her party after she promised to repeal Climate Change Act if they win power
www.theguardian.com
October 4, 2025 at 3:00 PM
Ed Matthew, E3G, UK programme director: "This is a new low point for Kemi Badenoch as she blows up the Conservative party’s credibility for protecting nature and the climate in her quest to ape the far-right policies of Nigel Farage."
https://bit.ly/4gT1l7G
https://bit.ly/4gT1l7G
Reposted by Franklin Steves
Kemi Badenoch has now aligned the Tory party on climate with Trump and the far right parties of Europe. Tragic. It shows that she is more interested in the profits of oil and gas companies than the security of the country. The Tory party can no longer be trusted on the environment or the economy
Kemi Badenoch vows to repeal Climate Change Act
Tory leader says she would replace it with ‘cheap energy’ strategy, ending decades-long consensus on climate
www.theguardian.com
October 2, 2025 at 10:37 AM
Kemi Badenoch has now aligned the Tory party on climate with Trump and the far right parties of Europe. Tragic. It shows that she is more interested in the profits of oil and gas companies than the security of the country. The Tory party can no longer be trusted on the environment or the economy
Reposted by Franklin Steves
At #UNGA80, leaders must treat #ClimateAction as the defining test of political will ahead of #COP30.
Delivering ambitious NDCs, closing the finance gap and driving a clean, resilient energy transition are vital for global security and prosperity.
See press release:
www.e3g.org/news/cwny-un...
Delivering ambitious NDCs, closing the finance gap and driving a clean, resilient energy transition are vital for global security and prosperity.
See press release:
www.e3g.org/news/cwny-un...
Climate action must be prioritized by leaders at UNGA80 as the smart, strategic play
At UNGA80, leaders must prioritise climate action as a strategic imperative for prosperity, security and stability, driving ambition ahead of COP30.
www.e3g.org
September 19, 2025 at 2:22 PM
At #UNGA80, leaders must treat #ClimateAction as the defining test of political will ahead of #COP30.
Delivering ambitious NDCs, closing the finance gap and driving a clean, resilient energy transition are vital for global security and prosperity.
See press release:
www.e3g.org/news/cwny-un...
Delivering ambitious NDCs, closing the finance gap and driving a clean, resilient energy transition are vital for global security and prosperity.
See press release:
www.e3g.org/news/cwny-un...
Reposted by Franklin Steves
NEW – Q&A: Will China and the BRICS fill the ‘leadership gap’ on climate change? | @anikanpatel.carbonbrief.org w/ comment from @yixiansun.bsky.social Jennifer Allan @jamesnorman.bsky.social Beatriz Mattos @katelogan.bsky.social
Read here: buff.ly/WVyH1Y0
Read here: buff.ly/WVyH1Y0
September 18, 2025 at 2:48 PM
NEW – Q&A: Will China and the BRICS fill the ‘leadership gap’ on climate change? | @anikanpatel.carbonbrief.org w/ comment from @yixiansun.bsky.social Jennifer Allan @jamesnorman.bsky.social Beatriz Mattos @katelogan.bsky.social
Read here: buff.ly/WVyH1Y0
Read here: buff.ly/WVyH1Y0
Reposted by Franklin Steves
In London, hate will never win.
September 17, 2025 at 6:10 AM
In London, hate will never win.
Reposted by Franklin Steves
Yesterday at Africa Climate Week (#ACW2) in Addis Ababa, we, alongside Talanoa Institute & Institute for Climate and Society convened senior leaders from the @cop30brazil.bsky.social, developing countries & donors for a high-level dialogue on scaling adaptation finance.
🧵 👇
🧵 👇
September 5, 2025 at 3:00 PM
Yesterday at Africa Climate Week (#ACW2) in Addis Ababa, we, alongside Talanoa Institute & Institute for Climate and Society convened senior leaders from the @cop30brazil.bsky.social, developing countries & donors for a high-level dialogue on scaling adaptation finance.
🧵 👇
🧵 👇
Reposted by Franklin Steves
What Could a New Adaptation Finance Goal Look Like? At COP30 countries should set an int'l adaptation finance goal. Here is analysis of the 7 potential scenarios that have been proposed. www.nrdc.org/bio/joe-thwa... from @joethwaites.bsky.social @adellethomas.bsky.social
September 4, 2025 at 2:30 PM
What Could a New Adaptation Finance Goal Look Like? At COP30 countries should set an int'l adaptation finance goal. Here is analysis of the 7 potential scenarios that have been proposed. www.nrdc.org/bio/joe-thwa... from @joethwaites.bsky.social @adellethomas.bsky.social
Very much looking forward to #ACS2 in #Addis Ababa- a vital opportunity for African political & civil society leaders to again demonstrate the continent's leadership on climate finance and the measures needed for deep-rooted reform of the international financial architecture #IFA for climate safety.
🌍 Next week, Africa takes centre stage on the road to #COP30.
From Africa Climate Week (1–6 Sept) to the Africa Climate Summit (8–10 Sept) in Addis Ababa, leaders will showcase solutions made in #Africa and push for fair, ambitious climate finance.
📢 Media advisory: www.e3g.org/news/showcas...
From Africa Climate Week (1–6 Sept) to the Africa Climate Summit (8–10 Sept) in Addis Ababa, leaders will showcase solutions made in #Africa and push for fair, ambitious climate finance.
📢 Media advisory: www.e3g.org/news/showcas...
Showcasing commitment from African leaders to advance climate solutions 'made in Africa'
African leaders showcase their commitment to advancing homegrown climate solutions, highlighting innovation and leadership in driving a sustainable future.
www.e3g.org
August 29, 2025 at 2:57 PM
Very much looking forward to #ACS2 in #Addis Ababa- a vital opportunity for African political & civil society leaders to again demonstrate the continent's leadership on climate finance and the measures needed for deep-rooted reform of the international financial architecture #IFA for climate safety.
Reposted by Franklin Steves
Voices promoting coal are increasingly marginalised as real-world trends show that coal power is on its way out 📉
"Clean" coal is unproven, unscalable, and unaffordable: countries pursuing that risk falling behind in the energy transition
My blog for @e3g.bsky.social: www.e3g.org/news/the-end...
"Clean" coal is unproven, unscalable, and unaffordable: countries pursuing that risk falling behind in the energy transition
My blog for @e3g.bsky.social: www.e3g.org/news/the-end...
The end of the 'clean coal' myth: lobby group closes as the OECD zeros in on coal exit
The closure of the International Centre for Sustainable Carbon marks the end of the ‘clean coal’ myth, as OECD and EU countries accelerate coal phaseouts and global clean energy costs undercut fossil ...
www.e3g.org
August 29, 2025 at 9:44 AM
Voices promoting coal are increasingly marginalised as real-world trends show that coal power is on its way out 📉
"Clean" coal is unproven, unscalable, and unaffordable: countries pursuing that risk falling behind in the energy transition
My blog for @e3g.bsky.social: www.e3g.org/news/the-end...
"Clean" coal is unproven, unscalable, and unaffordable: countries pursuing that risk falling behind in the energy transition
My blog for @e3g.bsky.social: www.e3g.org/news/the-end...
Reposted by Franklin Steves
I am once again saying that clean energy is inherently cheap, and the reason we don't benefit from that is because the energy market doesn't let us. Great stuff here from my colleague @chrisgalpin.bsky.social www.theguardian.com/environment/...
Heat pumps could halve heating bills with energy system reform, study finds
Steps to make electricity cheaper, such as ending levies, could transform prospects for pumps, thinktank shows
www.theguardian.com
August 28, 2025 at 9:04 AM
I am once again saying that clean energy is inherently cheap, and the reason we don't benefit from that is because the energy market doesn't let us. Great stuff here from my colleague @chrisgalpin.bsky.social www.theguardian.com/environment/...
Reposted by Franklin Steves
www.theguardian.com/environment/... - our latest E3G report showing that with policy reform, running a heat pump could be half the price of running a gas boiler. The future is electric !
Heat pumps could halve heating bills with energy system reform, study finds
Steps to make electricity cheaper, such as ending levies, could transform prospects for pumps, thinktank shows
www.theguardian.com
August 28, 2025 at 9:43 AM
www.theguardian.com/environment/... - our latest E3G report showing that with policy reform, running a heat pump could be half the price of running a gas boiler. The future is electric !
Reposted by Franklin Steves
Motherfucking wind farms…
July 30, 2025 at 5:02 PM
Motherfucking wind farms…
Reposted by Franklin Steves
I will need to read the full report, but this thread totally neglects to address some obvious (to those who study net wealth taxes/NWTs) points, which refute these simplistic arguments against NWTs:
* the q is not effect of raising £24bn from NWT but comparison with raising £24bn from other taxes
/
* the q is not effect of raising £24bn from NWT but comparison with raising £24bn from other taxes
/
This thread is a *very* short summary of our full report, which is here: taxpolicy.org.uk/uk-wealth-ta...
The full report contains all sources and references, linked where possible, plus additional detail of the arguments and counter-arguments.
The full report contains all sources and references, linked where possible, plus additional detail of the arguments and counter-arguments.
July 22, 2025 at 9:55 AM
I will need to read the full report, but this thread totally neglects to address some obvious (to those who study net wealth taxes/NWTs) points, which refute these simplistic arguments against NWTs:
* the q is not effect of raising £24bn from NWT but comparison with raising £24bn from other taxes
/
* the q is not effect of raising £24bn from NWT but comparison with raising £24bn from other taxes
/
Reposted by Franklin Steves
2025 feels like being awake during surgery
July 4, 2025 at 1:21 AM
2025 feels like being awake during surgery
Reposted by Franklin Steves
Zohran Mamdani beat Andrew Cuomo. Trump’s “Big Beautiful” budget bill took a serious blow. Democrats held onto key seats. And the Kennedy Center turned into a venue for queer resistance. If you’re wondering whether there’s still fire on the left, this week answered with a resounding Yes!
Our Wins Of The Week
On Tuesday, Assemblyman Zohran Mamdani shocked New York politics by defeating former Governor Andrew Cuomo in the Democratic primary for NYC mayor.
thinkbigpicture.substack.com
June 29, 2025 at 7:00 PM
Zohran Mamdani beat Andrew Cuomo. Trump’s “Big Beautiful” budget bill took a serious blow. Democrats held onto key seats. And the Kennedy Center turned into a venue for queer resistance. If you’re wondering whether there’s still fire on the left, this week answered with a resounding Yes!
Beyond Bretton Woods and E3G are organising an #LCAW2025 roundtable on 'Reimagining the Global Financial System for Planetary Resilience: Proposals for the 21st Century'. Long-term thinking about deep structural reform to the international financial system. Details here:
Events - London Climate Action Week
Discover climate summits, forums, workshops, and more during London Climate Action Week — a city-wide celebration of climate action and awareness.
www.londonclimateactionweek.org
June 18, 2025 at 9:38 PM
Beyond Bretton Woods and E3G are organising an #LCAW2025 roundtable on 'Reimagining the Global Financial System for Planetary Resilience: Proposals for the 21st Century'. Long-term thinking about deep structural reform to the international financial system. Details here:
Reposted by Franklin Steves
Fortune published my piece on the @e3g.bsky.social report showing 97% of execs support a transition to renewables. This maps onto the fact that we underestimate how much appetite there is for climate action globally, with 89% of people favouring stronger climate action. @coveringclimatenow.org
Clean business: Why 97% of executives are betting big on renewables
A survey of business leaders across 15 countries shows 97% support for a transition to renewable sources of electricity, with 78% of executives stating they want their firm to transition to 100% renew...
fortune.com
May 2, 2025 at 8:55 AM
Fortune published my piece on the @e3g.bsky.social report showing 97% of execs support a transition to renewables. This maps onto the fact that we underestimate how much appetite there is for climate action globally, with 89% of people favouring stronger climate action. @coveringclimatenow.org