Brussels — The European Union has agreed to slash greenhouse gas emissions by 90 percent by 2040, setting the stage for the bloc’s long-term climate policy ahead of COP30 in Belém, Brazil. But the compromise deal — brokered under Denmark’s EU Council presidency — adds new flexibilities that could allow
Floodwaters continue to reshape coastlines from the Caribbean to coastal Bangladesh, where the front line of climate change now runs through local budgets and public-works departments. Into that fragile space, a new financing model has begun to flow. Climate Fund Managers, together with MUFG Bank, FinDev Canada, and the Green
Abu Dhabi — The bright lights of Abu Dhabi’s ENACT Majlis reflected off the mirrored façades of a city built on oil wealth — but this week, the conversation turned to algorithms. ADNOC, Masdar, XRG, and Microsoft have launched a new collaboration to fuse artificial intelligence with the infrastructure that
France has launched the world’s first dynamic induction charging highway—capable of wirelessly delivering more power than a Tesla Supercharger—marking a major step toward decarbonizing heavy transport. The nearly one-mile (1.5-kilometer) stretch of the A10 motorway southwest of Paris, equipped by Israeli company Electreon, allows electric vehicles to charge while in
When TIME unveiled its TIME100 Climate 2025, one theme stood out: as legislative momentum falters in major economies, the world’s climate agenda is being carried forward by business leaders, innovators, and reform-minded officials reshaping governance itself. The list celebrates 100 individuals driving climate progress across finance, technology, and public policy
KINGSTON, JAMAICA — When Hurricane Melissa slammed into Jamaica on October 28, 2025, the Category 5 storm left a trail of devastation – and put the world’s spotlight on one of the most ambitious disaster-financing systems ever built by a small island nation. With 185 mph (295 km/h) winds and
Panama City — The second day of the Nature Summit placed a powerful spotlight on the leadership, wisdom, and resilience of Indigenous peoples, reminding the world that solutions to the planet’s greatest challenges often begin in the forests, mountains, and coastal territories of those who have protected nature for generations.
GENEVA — A new Sevilla Forum on Debt, launched this week by Spain and the United Nations, aims to turn global pledges into practical reforms for a fairer, faster, and more sustainable international debt system. The initiative builds on commitments made at the Fourth International Conference on Financing for Development
The Tokyo Metropolitan Government (TMG) has issued the world’s first Climate Bonds Certified Resilience Bond, raising €300 million to fortify the Japanese capital against escalating climate risks. The five-year bond was oversubscribed seven times, attracting €2.2 billion in bids from nearly 120 institutional investors — a sign that global markets
October 28, 2025, Panama City – The Nature Summit opened today in Panama City alongside the Convention on Biological Diversity (CBD), bringing together ministers, Indigenous leaders, innovators, and financiers driving the world’s emerging nature-based economy. The invitation-only forum is the second installment of the Nature Summit Series, following its debut
