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KPMG: California Confirms 2026 Start for Climate Disclosure Laws Despite Regulatory Delays

Key Impact Points: California Sticks to 2026 Climate Disclosure Timeline California’s sweeping climate laws will go into effect as planned in 2026, with no delays to reporting requirements despite the California Air Resources Board (CARB) falling behind on regulatory development. KPMG’s June 2025 update confirms that reporting under SB-253 (GHG

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Basel Committee Unveils Voluntary Climate Risk Disclosure Framework for Banks

Basel Committee Unveils Voluntary Climate Risk Disclosure Framework for Banks

Key Impact Points: Basel Committee Publishes Voluntary Climate Disclosure Framework The Basel Committee on Banking Supervision has released a voluntary framework for disclosing climate-related financial risks, allowing individual jurisdictions to decide whether and how to implement it domestically. Built-in Flexibility for Evolving Data Recognizing the rapid evolution of climate-related data,

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Luxembourg, EIB Global Back $100 Million Blue Economy Fund for Climate Action in Small Island States

Luxembourg, EIB Global Back $100 Million Blue Economy Fund for Climate Action in Small Island States

Key Impact Points: Luxembourg and EIB Global Join Forces for Ocean-Based Climate Solutions Luxembourg is partnering with EIB Global to contribute €5 million to the Outrigger Impact Fund I, a new initiative designed to support climate resilience and low-carbon development in Small Island Developing States (SIDS). The fund, managed by

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Power Shift: 2025 Data Driving Clean Energy Decisions

Power Shift: 2025 Data Driving Clean Energy Decisions

Key Impact Points: U.S. Energy System Grows More Productive as Demand Rises The 2025 Sustainable Energy in America Factbook, released by the Business Council for Sustainable Energy (BCSE) and BloombergNEF, shows that the U.S. energy system is increasingly efficient and capable of meeting rising demand with cleaner sources. In 2024:

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be cool campaign

Be Cool: Raising money and hopes

The Be Cool! Campaign grew from “I Wanna Be Cool”,  an Americana meets Beatles pop anthem bringing more than awareness to the climate crisis. The goal of the Campaign is to inspire meaningful climate action and mobilize global youth to combat the world’s worsening climate crisis.  The Campaign was launched

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Meta Signs 20-Year Deal with Constellation to Sustain Illinois Nuclear Plant, Secure Clean Power for AI Growth

Meta Signs 20-Year Deal with Constellation to Sustain Illinois Nuclear Plant, Secure Clean Power for AI Growth

Key Impact Points: Meta Backs Nuclear to Power Clean AI Future Constellation and Meta have signed a 20-year power purchase agreement (PPA) for 1,121 megawatts of emissions-free nuclear power from the Clinton Clean Energy Center in Illinois. Starting in June 2027, this agreement replaces public subsidies from Illinois’ Zero Emission

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African Development Bank Launches Carbon Market Support Facility to Boost Africa’s Climate Finance

African Development Bank Launches Carbon Market Support Facility to Boost Africa’s Climate Finance

Key Impact Points: Africa Steps Up as Global Carbon Market Leader The African Development Bank (AfDB) announced the launch of the Africa Carbon Support Facility (ACSF)—a first-of-its-kind platform to scale carbon markets across Africa—during a high-level dialogue held at the 2025 AfDB Annual Meetings in Abidjan, Côte d’Ivoire. Framed as

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