Fossil Fuel Finance Report 2024
CarbonBombs
Transparent data and visualization about the world's biggest fossil fuel extraction projects (aka carbon bombs), and their links with companies and banks
About CarbonBombs
A carbon bomb\* is a fossil fuel extraction project that will generate more than one gigatonne of CO₂ (1 GtCO₂) over its remaining lifetime. The Map Navigate through the map to explore all 425 carbon bombs and the companies involved. Companies involved in carbon bombs Discover key data about companies involved in carbon bombs. Banks involved in carbon bombs Discover the links between banks and companies involved in carbon bombs. More There are currently 425 carbon bombs in the world, either already operating or in starting phase. These projects significantly threaten the Paris Agreement climate targets, which call for a certain carbon budget to be respected in order to stay below 1.5°C warming compared to the pre-industrial era. Carbon bombs are the 425 largest fossil fuel projects but represent only around 45% of oil and gas extraction projects and 25% for coal of the total emissions likely to be generated by the entire fossil fuel extraction sector. These few projects each represent a high level of emission, which makes them a priority to tackle: defusing a single bomb means stopping the equivalent of hundreds of more fragmented projects. _\*as defined in the research paper “Carbon Bombs - Mapping key fossil fuel projects" by Kjell Kühne_
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