Climate Change





Climate Change

ADB approves $500 mln loan to support a sustainable Philippine blue economy

The Asian Development Bank approved a $500-million policy-based loan for the Philippines to help support its blue?economy. This will focus on protecting the marine ecosystem from threats such as extreme weather conditions and plastic pollution. The?programme will be cofinanced by Agence Francaise de Developpement (French Development Agency) and Germany's KfW Development Bank, each contributing about $235 millions. It aims to ensure environmental resilience as the Philippines taps into its ocean resources via industrial fishing, tourism -and offshore energy. In a press release, ADB Philippines Country director Andrew Jeffries stated that this is ADB’s first extensive multi-sectoral program focused on fostering...




Asia

North America

Environment

US CPC predicts La Nina transition in early 2026 with 75% probability

The U.S. Climate Prediction Center (CPC), which is based in the United States, said that La Nina persists, and there's a 75% probability of a shift to ENSO neutral conditions between January-March. "Atmospheric anomalies remained consistent with La Nina across the tropical Pacific Ocean." The U.S. forecaster said that for most of the month easterly winds anomalies remained over the central equatorial Pacific and upper-level westerly winds continued across the equatorial Pacific. Why it's important La Nina is a part of El Nino and the Southern Oscillation, which affects the water temperatures in central and eastern Pacific Ocean. La Nina...

Carbon Emissions

"US withdrawal from key UN climate treaty is criticized as self sabotage".

Simon Stiell, the UN climate chief, said that the United States' decision not to sign a key U.N. climate treaty was a "colossal own goal" which would harm its economy, jobs and living standards. Stiell stated in a statement that "while all other nations are moving forward together, the latest step backward from global leadership can only harm the U.S. Economy, Jobs and Living Standards, as wildfires and?floods become more severe, and mega-storms, droughts, and floods worsen." "It's a colossal goal that will make the U.S.?less secure and less prosperous." Donald Trump, the U.S. president, who has been a vocal...

Energy Markets

Legal questions arise from Trump's withdrawal of the UN Climate Treaty

Some legal experts believe that the Trump administration's decision, made by the Trump Administration, to withdraw from the U.N. Climate Treaty, which was unanimously adopted in the U.S. Senate more than 30 year ago, could be illegal. They say Congress would have to approve the withdrawal. On Wednesday, President Donald Trump announced that the United States will withdraw from dozens international and U.N. organizations. This includes the U.N. The Framework Convention on Climate Change and the scientific Intergovernmental Panel on Climate Change are both "opposed to U.S. National Interests" by focusing on oil, gas, and mining development. Trump, who is...

Climate Change

Trump vetoes first measures in his second term, including a Florida tribal measure and a Colorado water project

Donald Trump, the U.S. president, has vetoed an important drinking water project in Colorado. This prompted immediate condemnation by Colorado Republican 'lawmaker'?Lauren Boebert. Boebert is a former MAGA ally and recently challenged Trump on his handling of the Jeffrey Epstein documents. Late on Tuesday, the White House announced Trump vetoed the Finish the Arkansas Valley Conduit Act (AVC), which had been unanimously approved by the House of Representatives as well as the Senate. A second measure, affecting a Florida-based project, was also rescinded. These were Trump's first two vetoes during his second term. The Colorado project was vetoed after Trump's...

Environment

Trump issues his first vetoes of the second term for Colorado water project, and Florida tribal measure

Lauren Boebert of Colorado Republican Lawmaker, a former MAGA ally, who recently challenged Trump on the Jeffrey Epstein Files, immediately condemned Donald Trump's veto. Late on Tuesday, the White House announced Trump vetoed the Finish the Arkansas Valley Conduit Act (AVC), which had been unanimously approved by the House of Representatives as well as the Senate. A second measure, affecting a Florida-based project, was also rescinded. These were Trump's first two vetoes during his second term. The Colorado project was vetoed after Trump's promise to retaliate for the state's refusal to release his ally Tina Peters, despite the fact that...

Energy Markets

AI data centers force 'peaker power' plants to be brought back into service

The demand for electricity from AI data centers is reviving peaker power plants Peakers emit more pollutants than power plants. The majority of power plants are located in minority and low-income communities By Laila Kearney Dec 23, CHICAGO - A 60s oil-fired plant rises from an industrial site behind Dvorak Park in Chicago's working class Pilsen district. In warmer weather, the park is crowded with children playing on its colorful playground or zooming down slides. Next year, the eight-unit Fisk Power Plant owned by Houston's NRG Energy is scheduled to be retired. The next step was artificial intelligence. As electricity...

Climate Change

Trump Administration dissolves key climate research agency

The Trump administration announced on Tuesday night that it would dissolve a federally funded?climate research center located in Colorado. This is the latest attempt to?defund this research. Ross Vought of the White House Office of Management and Budget said that the administration would break up the National Center for Atmospheric Research in Boulder (NCAR), which conducts scientific research on earth systems. The facility, he added, "is one of America's largest sources of climate alarmism." Vought posted on X Tuesday night that "a?comprehensive' review was underway & vital activities like weather research would be relocated to?another location or entity." This is...

Climate Change

Washington State flash flood warnings are issued after a levee rupture

Authorities announced on Monday that a levee break in Washington State following heavy rains has resulted in a flash flood alert and evacuation orders. National Weather Service?said?it issued a Flash Flood Warning after a failure of the Desimone levee in Tukwila, along the Green River about five miles from downtown Seattle. The National Weather Service said the 'waters are likely to be heading towards Interstate 405, which is a major road, and that an evacuation notice has been issued for a large part of King County. A social media message from the'service said: "Leave this area immediately if you find...

Pollution

Canada's farmers produce record crops despite droughts, floods and other natural disasters

After a year of flooding and a long dry spell, Simon Ellis expected "catastrophic" failure when he first drove his combine through this crop. Instead of shriveled seeds, plump grains of wheat, oats, and soybeans were poured into the combine. Ellis, 38, who is a fourth generation farmer in Wawanesa (Manitoba), credits the investment made into expensive systems, such as minimum- and zero-till agriculture, for helping to protect soil. Tile drainage is an underground system that prevents flooding. It also contains pellets of fertilizer with a slower release rate, which are more efficient. A professional agronomist can provide advice on...

Environment

Documents show that the US has demanded that EU exempt their gas from the methane emission law.

A document from the U.S. Government, seen by, shows that the United States wants the European Union to exempt oil and gas imports from the methane emission law of the bloc until 2035. The EU will require importers of gas and oil to Europe, starting this year, to report and monitor the methane emission associated with these imports. This is in an effort to reduce the emissions of the powerful planet-warming gas. Chris Wright, the U.S. Energy secretary, has criticized this 'world-first' climate policy. He has said that it is impossible to implement and has warned it may disrupt U.S....

Environment

China plateau and US policy changes have slowed the global EV sales growth since February 2024.

Data showed that global EV sales grew at their slowest pace since February 2024 in November as China plateaued. Meanwhile, the United States ended its EV tax credit program in November and North America is now on course for the first year of a 'decline' since 2019. According to Benchmark Mineral Intelligence, the consultancy, European registrations of battery-electric vehicles and plug-in-hybrids have grown by more than a third compared to 2024. Why is it important? Electric transport groups say a swift EV transition is necessary to curb planet-warming CO2 ?emissions, but carmakers and governments have backtracked on some green commitments...

Climate Change

US CPC: La Nina will fade in the first half of next year and neutral Pacific conditions are likely.

The U.S. Climate Prediction Center said on Thursday that La Nina will likely continue for a month or two more before giving way to neutral Pacific weather conditions between January 2026 and March 2026. This is a probability of?68%. Climate Prediction Center reported on Thursday. The CPC's monthly update noted that "La Nina could still be a factor in the Northern Hemisphere early spring 2026, even after equatorial Pacific SSTs transition to ENSO neutral." Why it's important La Nina is a part of El Nino and the Southern Oscillation, which affects the water temperatures in central and eastern Pacific Ocean....

Europe

Carbon Emissions

Weather service: UK to record hottest year and most sunny ever in 2025

The National Weather Service announced on Friday that Britain had its sunniest and hottest year ever in 2025. This was a record-breaking high, exceeding the previous one set in '2022. The?Met Office reported that the average annual temperature in 2018 was 10.09 degrees Celsius. This is higher than the previous average of 10.03 C. It's only the second time since 1884, when detailed records were first kept, that the annual average temperature has exceeded 10 C. Met Office first announced the possibility of setting a new record last month. The reading placed four of the five most recent years among...

Pollution

Swiss court admits Indonesian Islanders climate case against Holcim

A Swiss court said Monday that it would accept a lawsuit against Holcim, a Swiss cement manufacturer. The complaint alleged the company was doing too little in order to reduce carbon emissions. Four residents from the low-lying Indonesian Island of Pari who have been repeatedly flooded by warmer temperatures?pushing up sea levels?, filed a legal complaint to the cantonal Court in?Zug in Switzerland in January 2023. The court admitted the case, but said that it could be reversed in a subsequent appeal if it found that the procedural requirements were not met. Holcim has announced that it will appeal the...

Climate Change

Swiss court admits Indonesian islanders climate claim against Holcim

Parties to the case announced on Monday that a court in Switzerland had decided to accept a legal complaint against Swiss cement manufacturer Holcim, which alleged the company was doing too little to reduce carbon emissions. Four residents from the low-lying Indonesian Island of Pari, whose sea level has been rising due to warmer temperatures, filed a complaint with the cantonal court in Zug, Switzerland, on January 20, 2023. Swiss Church Aid, a non-profit organization that is supporting the Pari 'case, announced the court had accepted the complaint. Holcim acknowledged in a press release that the court had accepted the...

Western Europe

East Asia

Environment

Tiny Tuvalu treasures its'special relationship with Taiwan'

The Prime Minister of Tuvalu, who visited Taiwan on Tuesday during a period of increasing geopolitical rivalry between China and the United States in the Pacific, said that his tiny country values its "special relationship". Tuvalu is only one of 12 countries, including three in the Pacific region, that maintains formal diplomatic relations with Chinese-claimed Taiwan. Beijing has intensified its efforts to win back Taiwan's remaining allies. Feleti Teo said he was always impressed by the warmth with which he is welcomed whenever he visits Taiwan. Teo stated that "Tuvalu treasures its special relation with Taiwan. A relationship built on...

Pollution

Indigenous leaders attend the opening of COP30 Climate Summit with an uncertain outcome

It was not clear what the 190+ countries attending the COP30 would be discussing during the two week U.N. Summit in Brazil's Amazonian city of Belem. It's also unclear how they will handle controversial issues such as the 2023 pledge to stop using polluting sources of energy and their demand for funding to achieve this. The biggest question was whether or not countries would want to reach a final deal, which is difficult to do in an era of global politics that has been fractious and the U.S.'s efforts to block a move away from fossil-fuels. After years of COP...

Environment

What are the world leaders saying in Brazil at the climate summit?

Brazil hosted world leaders on Thursday for a summit ahead of the COP30 Climate Conference in the rainforest city Belem. Leaders have made some interesting comments. U.N. SECRETAIRE-GENERAL ANTONIO GUTERRES We can either choose to lead or we can be led into ruin. "Too many companies are making record profits by destroying the climate, while spending billions on lobbying and deceiving public opinion and obstructing advancement. And too many leaders continue to be captive to these entrenched interest." BRAZILIAN PRESIDENT LUIZ INACIO LULA DA SILVA We need a road map to plan an equitable way to undo the deforestation and...

Energy Markets

HSBC reduces emissions targets in the near term for polluting industries

HSBC released a new set of climate targets on Thursday that are softer and more flexible for near-term sectors like oil and gas. This is in response to the slow rate of change in real economy. The targets for the end of the decade follow a review that was announced by British bank earlier this year, when it dropped its goal to reach net-zero emissions in all of its operations by 2030. HSBC is still aiming for its operations, funded by the loan book, to produce zero emissions by 2050. It and other banks who have set similar climate goals...

Energy Markets

Maguire: New five-year plan to cut subsidies will focus on China's EV exports.

China's car industry has been a major disruptor of the global automaker industry for the last decade. Its electric vehicle producers have replaced combustion engine cars at home, and have also flooded the global market with record exports. The country may have to reverse its electric vehicle exports and output following a major policy shift that will reduce EV subsidies in the upcoming five-year plans. China's top industrial policymakers have omitted electric cars from the list of strategic industries in their 2026-2030 Development Agenda, China's main industrial strategy blueprint. Industry analysts interpret the omission as Beijing's willingness to let the...

Environment

The heatwaves in China threaten to reduce the supply of 'hairy Crabs'

Xie and her family have had to endure the most hardships in the last three years, after more than a decade of cultivating "hairy claws", a Chinese delicacy renowned for its furry appearance. The 34-year old woman, who was standing in front of tanks full of crabs prized for their golden roe and sweet flesh, said that the weather had been getting worse each year since 2022. She wrapped some of the crabs in straw before preparing them for her customers. We've prepared ourselves mentally for these losses. Xie, a farmer at Yangcheng Lake in Jiangsu province's eastern region, is...

Environment

New Zealand's Finmin aims to strengthen regional ties as US-China trade war continues

Nicola Willis, New Zealand's Finance Minister, said that regional and bilateral trade relationships would continue to grow in the face of the U.S.-China Trade War. Small countries such as hers will have to adjust to a different reality and maintain their priorities. Willis stated in an interview with The New Zealand Herald on Thursday that New Zealand is acutely aware of geopolitical risks and economic challenges. However, her discussions this week at the World Bank and International Monetary Fund annual meetings showed the strength of international institutions as well as trade agreements among other countries. She said that New Zealand...

Energy Markets

China accuses EU of hypocrisy over critics of climate goal

China's Foreign Ministry said that the EU's climate chief's criticisms of China's climate pledges show "double standards" and "selective blindness", accusing them of slow action on their own climate targets. China pledged earlier this week to reduce greenhouse gas emissions between 7% and a 10% reduction by 2035 compared to their peak levels as part of the new targets for its nationally determined contributions. Wopke hoekstra, the European Union's climate commissioner, called the goal "clearly disappointed". The Chinese Foreign Ministry appeared to make a reference to this statement without directly addressing it. A day earlier Donald Trump, the U.S. president,...

Environment

Fortescue Chairman Forrest doubles-down on renewables to challenge Trump

Australian miner Fortescue is experiencing strong interest in its decarbonization-related offerings, Executive Chairman Andrew Forrest said in an interview, as he challenged U.S. President Donald Trump's claim that climate change is the "greatest con job" in the world. Fortescue, Australia's fourth-largest iron ore miner, has set ambitious targets for decarbonization. However, it was forced to abandon some green hydrogen projects. The fourth largest iron ore miner in the world, Fortescue, blamed the cancellation of an Arizona project on a shift away from green energy in the United States. Forrest, however, said that he would not give up, despite the criticisms...

Climate Change

Sources say that China's former climate ambassador will meet with EU in order to revive the flailing UN pact

Three sources have confirmed that China's veteran climate envoy who secured two important climate agreements with the United States will meet the EU's top official for green transition on Tuesday in order to revive the floundering international climate talks ahead of the COP30 Summit in Brazil. Xie zhenhua, a former climate envoy who retired after the COP28 talks in Dubai, in late 2023, is scheduled to visit Brussels on 16 September and meet Teresa Ribera, the executive vice-president for the European Commission for a Clean, Just, and Competive Transition. He will encourage the EU to announce ambitious climate goals, and...

Climate Change

Shanghai locals try to beat the heat by indoor skiing

On Thursday, thousands of people in Shanghai flocked to the largest indoor ski resort in the world to escape the heat. The temperatures in the Chinese capital reached around 37 degrees Celsius. Shanghai L+SNOW Indoor Skiing Resort is a 98,000-square-metre (117207 square yard) indoor ski resort where temperatures are kept at or below 5degC all year. Tang Junqi spent a day with her mother. It was hot and felt like I was in a pot. The 10-year-old boy said, "But it feels like you're in a refrigerator inside." Shanghai experienced on Friday its 24th consecutive August day with temperatures above...

Environment

Brazil rejects UN demand for hotel subsidies in tense COP30 discussions

Brazilian officials announced on Friday that the government of Brazil has ruled out subsidizing hotel rates for all delegates at the United Nations Climate Summit it will be hosting in November. This was after a meeting they described as being tense with U.N. officials. As delegations become increasingly concerned about the price of accommodation in Belem, the Amazonian coastal city that hosts the Amazon Conference, the standoff has occurred. Brazil is trying to double the number of hotel rooms available. Entrepreneurs have also been creative in converting love-motels and ferryboats into hotels to accommodate delegations. The Brazilian government has rejected...