The Daily Climate

New Zealand introduces climate change law for financial firms in world first

New Zealand has become the first country to introduce a law that will require banks, insurers and investment managers to report the impacts of climate change on their business, minister for climate change James Shaw says.

Solutions

Photo by The Climate Reality Project on Unsplash

Show us the plan: Investors push companies to come clean on climate

In the past, shareholder votes on the environment were rare and easily brushed aside. Things could look different in the annual meeting season starting next month, when companies are set to face the most investor resolutions tied to climate change in years.

Causes

Photo by Eutah Mizushima on Unsplash

France's BNP to stop financing firms farming deforested land in the Amazon

France's largest bank BNP Paribas pledged on Monday to stop financing firms producing or buying either beef or soybeans cultivated on land in the Amazon cleared or converted after 2008.

Politics

Photo by Michael Held on Unsplash

Fed to weave 'inescapable' climate change risk into bank oversight

The U.S. Federal Reserve is beginning to incorporate the impacts of global warming into its regulatory writ, following in the footsteps of its global peers, according to a paper published by the San Francisco Fed.

Politics

Photo by Max Lederer on Unsplash

Investors see splits among energy company climate efforts

Investors are judging how well energy companies have reoriented their businesses to cut emissions as they weigh activists' calls for divestment, climate finance specialists said.

ORIGINAL REPORTING

4 banks

New Zealand introduces climate change law for financial firms in world first

France's BNP to stop financing firms farming deforested land in the Amazon

Fed to weave 'inescapable' climate change risk into bank oversight

Investors see splits among energy company climate efforts

Greenland landslide triggered global seismic event for nine days

Houston faces growing threats from hurricanes and heat waves, experts warn

Harris links climate action to American values as part of presidential push

As Biden prepares to block the sale of U.S. Steel to Nippon Steel, pollution concerns persist in Pennsylvania

A Pennsylvania fracking company with more than 2,000 environmental violations selected for federal environmental justice funding

Op-ed: “I’m sorry, I can’t hear you” — disabling environments in Cancer Alley and the Ohio River Valley

Op-ed: People need shelter from climate change — their health hangs in the balance

Youth climate case petition heads to Supreme Court