A carbon market built through negotiation has entered operational territory. The United Nations has approved the first issuance of credits under Article 6.4 of the Paris Agreement, marking the point at which the new multilateral carbon market shifts from rulemaking to execution. Architecture becomes throughput. From design to execution The
Climate diplomacy rarely begins where climate impacts are most acute. In the lead-up to COP31, it will. Fiji will host the official pre-COP31 meeting in October 2026, while Tuvalu will convene a special leaders’ component under an agreement reached between Australia and Turkey. The Pacific Islands Forum confirmed the arrangement
A sudden reprieve for major U.S. allies highlights the chaotic evolution of American tariff policy, which has shaken markets and diplomatic trust. WASHINGTON — President Donald Trump on Tuesday announced that the European Union and the United Kingdom would be spared the highest tariff burdens under his expanding trade regime,
In Washington, climate capital now waits on a jurisdictional question. More than a year after the Environmental Protection Agency moved to freeze roughly $20 billion in clean energy grants awarded under the Greenhouse Gas Reduction Fund, the legal fight has returned to the U.S. Court of Appeals for the District
In Brussels, sustainability ambition met economic gravity. After four years of negotiation, European Union member states gave final approval to the Corporate Sustainability Due Diligence Directive as amended by the Omnibus I package, narrowing the scope of one of the bloc’s most consequential corporate accountability frameworks. The directive survives, but
In a sweeping decision with immediate global consequences, the U.S. Supreme Court on Friday ruled against President Donald Trump, blocking his administration’s use of emergency powers to impose broad tariffs on foreign imports. The ruling, delivered amid heightened trade tensions, redraws the legal boundaries of American trade authority and forces
In Kentucky, energy security and air regulation were placed on the same scale. The Environmental Protection Agency (EPA) announced plans to roll back limits on mercury and hazardous air toxics from coal-fired power plants, arguing that the move will support baseload generation at a time of rising electricity demand tied
A funding system built on assessed obligation is absorbing stress from a single capital. A transfer of roughly $160 million from Washington has marginally reduced more than $4 billion in outstanding U.S. dues to the United Nations, narrowing arrears that now account for more than 95 percent of all unpaid
In London, climate diplomacy did not wait for Washington. California Governor Gavin Newsom signed a memorandum of understanding with UK Energy Secretary Ed Miliband deepening cooperation on climate and sustainable development, formalizing an alliance that positions California as a subnational actor in global climate governance. The visit concluded with UK
In Albany, climate authority is not contracting. It is consolidating. The New York State Senate has passed legislation that would require large companies doing business in the state to disclose their greenhouse gas emissions, moving the Empire State closer to establishing its own corporate climate reporting regime. The bill now
