<h1>Wealthy nations increased oil and gas extraction since 2015, breached climate commitments, must fund just transition</h1> A new report alleges that a group of wealthy countries significantly increased oil and gas extraction since the 2015 Paris Agreement while many poorer states stabilized or cut production, and that these countries have failed to meet financial obligations to support an equitable energy transition. The report frames this as a breach of climate commitments and a form of 'climate colonialism,' cites disproportionate industry profits versus grant-based climate finance delivered, and demands immediate policy changes: stop new fossil-fuel licensing, adopt domestic phase-out plans aligned with 1.5°C, require polluters to fund decommissioning and provide at least USD 1 trillion annually in grant finance. Proceedings and negotiations at the forthcoming UN climate conference are identified as the key forum for response.