No Official Side Events at UN Global Climate Week—Except One: Panama’s Nature Summit to Take Center Stage When the UNFCCC’s inaugural Global Climate Week convenes in Panama from May 19–23, world leaders will gather at a pivotal moment in global climate efforts. But due to a late change in host
Key Impact Points: World Bank Backs Caribbean Energy Shift The World Bank’s Board of Executive Directors has approved a $110 million Caribbean Resilient Renewable Energy Infrastructure Investment Facility targeting Grenada, Saint Lucia, and Saint Vincent and the Grenadines. Designed in collaboration with the Eastern Caribbean Central Bank and regional partners,
Key Impact Points: NZBA Relaxes Climate Target Requirements The United Nations-backed Net-Zero Banking Alliance (NZBA) has officially lowered its climate ambition, scrapping the requirement for member banks to align with a strict 1.5°C warming scenario. New guidelines released April 15 now aim to keep warming “well below 2°C, striving for
In the heart of Houston, a city synonymous with traditional energy, Denmark’s Consul General, Morten Siem Lynge, is orchestrating a quiet revolution. Since his appointment in September 2020, Lynge has been instrumental in fostering a robust partnership between Denmark and Texas, focusing on clean energy initiatives that align with the
IMO Approves First Global Carbon Pricing Framework for Shipping In a landmark move for global climate action, the International Maritime Organization (IMO) has approved the world’s first industry-wide carbon pricing framework for shipping. This historic agreement introduces a two-tier carbon fee system, imposing a $100 per ton levy on CO₂
Key Impact Points: UNDP and BMUV Deepen Support for Nature-Based Corporate Reporting The United Nations Development Programme (UNDP) and the German Federal Ministry for the Environment (BMUV), through the International Climate Initiative (IKI), have announced new support for the IFRS Foundation and the International Sustainability Standards Board (ISSB)’s Nature-related Disclosure
Key Impact Points: From Tornado Chasing to Satellite Tracking In the late 1990s, ecologist Martin Wikelski spent nights chasing migrating Swainson’s Thrushes across Illinois, outfitting birds with transmitters and tracking them via car. “His shift ended when the migrating thrush touched down, often hundreds of miles from where he’d tagged
Key Impact Points: Industry Unites Ahead of IMO Climate Talks In the coming weeks, 176 member states of the International Maritime Organization (IMO) will convene in London to determine how to cut shipping’s greenhouse gas emissions to zero by 2050—a milestone moment for the global sector. “This moment is, in
Key Impact Points: Trump Moves to Undermine State Climate Regulations President Donald Trump has issued an executive order aimed at halting state-level efforts to limit fossil fuel use and curb climate change. The directive, released Tuesday, tasks the U.S. attorney general with identifying and blocking state laws that target carbon
Key Impact Points: Ceres Launches Climate Disclosure Guide for Municipal Bond Market As climate-related disasters escalate in frequency and cost, Ceres has released “Leading with Transparency: A Guide to Strengthening Climate Disclosure and Resilience in the Municipal Bond Market” to help state and local governments improve transparency, access capital, and
