Key Impact Points: NASA Reverses Climate Report Hosting Plan The Trump administration has abandoned its plan to host the federally mandated National Climate Assessment reports on NASA’s website—an unexpected reversal that makes it more difficult for the public to access vital climate information. Earlier this month, the White House said
Key Impact Points: Frontier Backs Early Carbon Removal Innovators Frontier has announced $1.75 million in prepurchase agreements to advance three early-stage carbon removal companies: Karbonetiq (U.S.), Limenet (Italy), and pHathom (Canada). The deals were made on behalf of Stripe, Shopify, and Google. The funding targets two high-potential, underdeveloped pathways: ocean
Key Impact Points: Nestlé Hits 2025 Climate Target Early Nestlé has reduced its greenhouse gas emissions by 20% compared to 2018 levels—hitting its 2025 target one year early, according to its 2024 Non-Financial Statement. The $90B food giant achieved the reduction through supply chain initiatives like training farmers, cutting methane,
By Tim Mohin After narrowly making its way through the Senate and House, President Donald Trump signed his cornerstone tax cuts and spending bill, ‘The One Big Beautiful Bill Act’, on July 4th. The law claws back unobligated funding, expands new oil and gas leasing, changes or eliminates energy and
Key Impact Points: Microsoft Backs Carbon Capture at Danish Waste-to-Energy Facility Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund (CI ETF I), and Danish utility Vestforbrænding have signed a long-term carbon removal agreement with Microsoft via their joint venture, Gaia ProjectCo P/S. The deal secures Microsoft’s offtake of up
Key Impact Points: Frontier Backs Arbor’s $41M CDR-Energy Deal California-based startup Arbor has landed a $41 million carbon removal offtake agreement from Frontier, one of the coalition’s biggest such deals to date. The funding will support Arbor’s first commercial-scale facility in Louisiana, expected to launch in 2028 and remove 116,000
Key Impact Points: UN Launches Landmark Net-Zero Transition Guide for Insurers The United Nations-convened Forum for Insurance Transition to Net Zero (FIT) has published “Underwriting the Transition”, the first global guidance tailored specifically to insurance and reinsurance underwriting portfolios. The guidance was unveiled at the inaugural FIT Transition Insurance Summit
Key Impact Points: Small Islands, Big Impact More than 30 small island developing states (SIDS) are accelerating environmental action through ambitious partnerships with the United Nations Environment Programme (UNEP). These island nations—though among the most vulnerable to climate change, biodiversity loss, and pollution—are positioning themselves as global leaders in resilience
Key Impact Points: EU Charts a Realistic Course to Climate Neutrality The European Commission has proposed a major amendment to the EU Climate Law, introducing a legally binding 2040 target of reducing net greenhouse gas emissions by 90% compared to 1990 levels. The proposal builds on the existing 2030 target
Key Impact Points: Coalition Targets Luxury Air Travel to Fund Climate Action Eight nations—France, Spain, Kenya, Barbados, Somalia, Benin, Sierra Leone, and Antigua & Barbuda—have formed a new coalition to introduce levies on premium air travel and private jets to generate new, debt-free financing for global climate adaptation. The plan
