Project

Highlighting the economic instability of petrostates

Client

Carbon Tracker

Sector

Energy

Testimonial

"The dynamic Greenhouse team has achieved phenomenal results, translating a complex technical narrative into compelling content and helping to cement our reputation. Their understanding, enthusiasm and willingness to assist always exceeds our expectations."
Stefano Ambrogi​, Head of Communications, Carbon Tracker

Challenge

Lower demand for fossil fuels and decreasing prices will mean that the world's biggest oil- and gas-producing nations (or petrostates) risk collectively losing $9 trillion over the next 20 years, threatening economic and social stability around the world.

Solution

We supported Carbon Tracker with the strategy and development of Beyond Petrostates, urging petrostate governments to urgently diversify their economies away from fossil fuels and avoid stranded assets. The report also emphasises the importance of richer nations providing the necessary climate finance to assist the economic transition towards renewable energy. 

Result

Delivered extensive global media coverage with more than 600 articles across 50 countries. Highlights included news agencies Bloomberg, AFP (France), EFE (Spain), PAP (Poland), Lusa (Portugal), ČTK (Czech Republic), IANS (India), coverage on BBC international and domestic bulletins, Financial Times, Washington Post, Süddeutsche Zeitung (Germany), La Vanguardia (Spain), Economic Times (India).

Impact

Media coverage reached several of the world's biggest petrostates across Africa, Asia and the Middle East, including Algeria, Angola, Azerbaijan, Kuwait, Nigeria and Saudi Arabia. The report has provided ammunition to investors and campaigners, ahead of COP26 in Glasgow where climate finance for major petrostates and the Global South will be on the agenda.

Media Coverage

Contact Us

We're not around right now. But you can send us an email and we'll get back to you, asap.

Start typing and press Enter to search