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climate finance investment
Photo by Austin Distel on Unsplash

Could the financial sector solve climate change as diplomacy stumbles?

The ECB is warning climate change costs could be 5x the cost of transition. As climate risk goes mainstream, could investor concern drive climate action as international diplomacy struggles to reach agreement?
ORIGINAL REPORTING
An illustration of three office workers who are carrying their belongings in boxes after layoff and a chart showing some people crossed out in red.

Trump administration moves forward with federal layoffs after Supreme Court ruling

Aerial view of a home that has been damaged by a tornado or other natural disaster with debris scattered widely..

Texas flooding puts scaled-back FEMA under scrutiny

Two children in rain gear playing in a puddle.

Texas flood disaster reveals rising human cost of climate-fueled extreme weather

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three windmills on top of a hill with blue sky and clouds behind.

Trump administration redirects clean energy funds in defiance of Congress

Jellyfish floating in the ocean

Scientists call on UN to adopt bold ocean policies to combat climate and biodiversity threats

Green coral on a reef.

EU ocean protection plan draws fire for weak enforcement and lack of binding goals

CLIMATE
A flooded playground surrounded by bare trees, in black and white.

Trump’s NOAA nominee backs deep budget cuts amid rising disaster toll

The U.S. Senate building during daytime.

Democratic senator says fossil fuel lobbying has silenced climate action in Congress