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Trump admin fights to keep FEMA, EPA grant freezes in place
Justice Department attorneys argued that a Supreme Court ruling last week supported their position in two other federal cases challenging halted grant funding.
Hedge funds hunt for deals in risks too big for insurers
Rather than deal with recovery risk themselves, insurers sell "subrogation claims" to alternative investment managers.
South Africa looks to Germany, UK for climate loans after US exit
The U.S. canceled plans to contribute $1 billion in loans and $48 million in grants to the Just Energy Transition Partnership.
Death toll from flooding in Congo’s capital reaches 33
Heavy rains began last week, causing the key Ndjili River to overflow and submerge hundreds of buildings.
Indonesia plans world’s largest deforestation project for fuel, sugar, rice
The project's largest site is home to critically endangered and endemic mammals, birds and turtles and to several Indigenous groups.