ClimateWire News
Brazil’s $125B forest fund suffers delays before COP30
The Tropical Forest Forever Facility, which would pay countries to protect forest, is lagging in efforts to reach its $125 billion goal.
Biggest EU pension fund ABP buys major stake in US forests
The pension fund says it plans at least $35 billion in impact investments in total, including for climate solutions and addressing biodiversity.
UBS wealth executive says new clients will drive ESG revival
Even in Europe, environmental, social and governance investments have encountered headwinds.
How the shutdown is roiling climate programs at 6 agencies
The Trump administration had tried to eviscerate climate offices before the shutdown. Now, the cuts are deeper.
Delaware eyes limits on data centers as megaproject looms
A data center development known as Project Washington could use twice as much electricity as is consumed by every home in the state.
Michael Mann resigns from administrative post at UPenn
The prominent climate scientist known for tangling with conservatives retains two other positions with the University of Pennsylvania, including as a professor.
Trump admin advances bid to block Michigan climate lawsuit
DOJ wants to stop Michigan from suing the oil industry over climate change before the state actually goes to court.
Judge restores DOT grant yanked from California university
The Department of Transportation had funding for the University of California, Davis, in a wider purge of climate and diversity efforts.
Labour’s net-zero policies turn off working-class voters, warns UK union boss
“If they don’t listen to us, they’re going to face some harsh realities,” says the GMB union chief.
Hundreds of feet of Calif. bluff fall toward ocean in landslide-hit town
There was no structural damage to homes and no injuries were reported, according the city of Rancho Palos Verdes' website.
Swiss glaciers shrank 3% this year, scientists say
The shrinkage is the fourth-largest after those in 2022, 2023 and back in 2003.
Analysis shows European banks capitalizing on green transition
A European Central Bank board member said lenders “are emerging as industry leaders” in managing sustainable funds and green bonds.
Biden’s $7,500 discount for EVs is gone. Will the industry wither?
Car buyers can no longer use federal dollars to help pay for electric vehicles. Analysts expect a sharp drop in domestic sales.
Shutdown forces EPA to send thousands of staffers home
The agency's efforts to undo a series of environmental rules have come to a halt.
Refreeze the Arctic? Scientists split over polar geoengineering.
Some scientists argue the risks of climate damage outweigh possible benefits. Others say more research is needed as the Arctic warms.
California housing groups join effort to weaken consumer advocates
They are supporting the state insurance commissioner's effort to make it harder for advocates to try to block insurance rate hikes.
DC Circuit won’t redo ruling upholding HFC cap-and-trade rule
Lawyers for rule challengers had said the court should take the rare step of granting rehearing because of the "significance of the issues."
Judge orders Trump admin to preserve $233M in FEMA grants it tried to pull from blue states
The administration’s abrupt effort to repurpose the funds mere days before the end of the fiscal year appears to be illegal, the judge said.
Starmer should go to COP to counter Trump, says former UK climate minister
The prime minister is reportedly not planning to attend the COP30 leaders’ summit in Brazil in November.
EU will propose measures to close loopholes in carbon border levy
The move responds to concerns from industry and trading partners who argue the levy is easy to dodge and penalizes domestic exporters.