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The document highlights a commitment by the Caisse Centrale de Réassurance (CCR) in June 2026 to cease new investments in companies developing new oil and gas projects. It argues that this is a necessary preventive measure to avoid financing the drivers of global warming, which in turn increases the climate risks these entities underwrite. Reclaim Finance calls on other European public-private schemes—specifically Flood Re (UK), Consorcio de Compensacion de Seguros (CCS, Spain), and SACE (Italy)—to adopt similar investment policies and use their leverage with asset managers and insurance clients to combat fossil fuel expansion.

The report analyzes the evolution of 'net zero' and 'nature positive' concepts, detailing how they are operationalized through taxonomies and methodologies in the financial sector. It highlights the interdependence of climate and nature crises, arguing for an integrated 'net-zero nature-positive' (NZNP) finance approach to manage compounding risks and leverage synergies, while noting that a unified NZNP definition and measurement protocol do not yet exist.

The GCF Board approved 18 funding proposals totaling USD 960.3 million and accredited 10 new entities. A major outcome was the selection of host cities for regional presence: Panama City (Latin America and Caribbean), Amman (Eastern Europe, Central Asia and Middle East), Nairobi and Abidjan (Africa), and Suva (Pacific). The Board also restructured its committees, approved a training programme, and established a roadmap for the 2028–2031 Strategic Plan.

The document identifies key constraints to Chad's development, including insecurity, overreliance on oil, and climate change. It recommends a multi-sectoral approach involving governance reform, non-oil revenue mobilization, agricultural productivity increases, infrastructure development, human capital strengthening, demographic transition, climate risk management, and economic diversification.

The report finds that Pronaf exhibits a regressive distribution of credit, where the most capitalized producers receive the bulk of resources while the most vulnerable are excluded. It highlights that 79% of family farmers did not access Pronaf credit in 2024/25, and resources are heavily concentrated in the South and Southeast regions and in conventional crops like soy, corn, and coffee. The document argues that lines for bioeconomy and agroecology remain marginal, often representing less than 1% of total credit. It emphasizes the critical but underfunded role of Technical Assistance and Rural Extension (ATER), which received less than 0.3% of the total family agriculture budget in the 2025/26 Plan Safra. To address these failures, the report recommends establishing minimum allocation targets for smallholders and the North/Northeast regions, updating outdated fiscal modules for eligibility, integrating the Brazilian Sustainable Taxonomy, and blocking subsidized credit for properties with recent deforestation.

The document discusses induced seismicity in next-generation geothermal systems, specifically Enhanced Geothermal Systems (EGS), closed-loop systems, and superhot rock (SHR) geothermal. It identifies three primary triggers for seismicity in EGS: volume and pressure changes, temperature changes, and chemical changes. While closed-loop systems have lower risk, they may still induce seismicity through temperature-driven rock contraction. The text highlights historical failures in Basel, Switzerland (2006) and Pohang, South Korea (2017) as reasons for implementing modern mitigation protocols. Recommended safeguards include early geologic mapping, real-time seismic monitoring, and the adoption of regulatory frameworks such as the U.S. DOE's Induced Seismicity Protocol and Switzerland's Good-Practice Guide, which utilize 'traffic light systems' and GRID scores to manage risk based on geologic and social sensitivity.

The report argues that Brazil's primary agricultural policy instrument must be reoriented to align with national climate goals, specifically by restricting credit for illegal deforestation, expanding access for vulnerable family farmers, and reforming risk management programs like Proagro and PSR to ensure fiscal sustainability and environmental integrity.

The project targets 15.8 million hectares of the Peruvian Amazon across four geographic groups: Loreto, Amazonas-San Martin, Pasco-Junin, and Madre de Dios. It employs a Project Finance for Permanence (PFP) model to address a financial gap of US$5.3 million per annum, transitioning from donor dependence to sustainable domestic funding via tourism fees, water Payments for Ecosystem Services (PES), and environmental compensation. Component 1 focuses on advancing NPAs through SERNANP's management levels (Basic, Structural, and Optimal) to avoid 1.8 million tCO2eq by project completion and 13.4 million tCO2eq over 25 years. Component 2 implements Ecosystem-based Adaptation (EbA) and climate-resilient productive practices for 33,516 direct beneficiaries across 192 Indigenous communities. The total financing is US$74.5 million, with US$37.5 million requested from the GCF as a grant.

The document demonstrates how banks can move beyond high-level corporate ambition assessments by using bottom-up, asset-level data to project emissions trajectories. Using ArcelorMittal as a case study, it shows that comparing these projections against company targets and global/regional transition pathways reveals 'execution gaps' and exposure to transition risks. This 'transition intelligence' allows sustainability, risk, and front-office teams to identify specific technology lock-in risks and structure tailored transition-finance products.

The document highlights a trend in 2025 where some European and North American asset owners began withdrawing mandates from asset managers like BlackRock and State Street due to inadequate climate strategies. It criticizes large asset managers for continuing massive investments in fossil fuel developers and calls for asset owners to implement clear climate selection criteria and escalation strategies to force a transition away from fossil fuels.

The CPI’s Climate Finance Toolkit provides a framework for Ministries of Finance to align public and private climate finance with national priorities while managing debt vulnerability. It categorizes 14 financial instruments—ranging from grants and green bonds to catastrophe bonds and debt-for-climate swaps—allowing users to filter them by economic sector, risk type (credit, liquidity, market), and debt impact (direct or indirect). The tool is intended to support coordination between national governments, domestic public financial institutions, and external actors like multilateral development banks.

The document outlines a three-goal approach for climate finance vehicles to manage climate risk and build resilience. Goal 1 focuses on a five-step process to identify and manage physical climate hazards to align with international standards like the ISSB and Paris Agreement. Goal 2 guides the creation of an evidence-backed adaptation thesis to secure investor commitments, particularly for those targeting Multilateral Development Bank (MDB) funding. Goal 3 provides a methodology for designing impact measurement frameworks, including theories of change and indicator tables, to track resilience outcomes and avoid maladaptation.

The report evaluates the climate transition of 594 OECD pension funds using Net Zero Finance Tracker data. While target-setting is improving, significant exposure to expansionist fossil fuel companies remains. The analysis finds that funds with formal climate targets and transition plans hold higher shares of clean energy and that robust regulatory frameworks in countries like the UK, Denmark, and the Netherlands correlate with stronger climate action.

The report finds that while OECD pension funds have significantly increased their climate target-setting and risk management since 2020, their portfolios remain heavily exposed to fossil fuel expansion. Pension funds often outperform other financial institutions in areas like policy engagement and emissions disclosure once climate goals are embedded in their governance. The analysis highlights that robust regulatory frameworks in countries like the Netherlands, Denmark, and the UK drive higher adoption of targets, and suggests that the relationship between asset owners and asset managers is a critical lever for driving decarbonization.

The report finds that while OECD pension funds are increasing their climate target-setting and internal governance, their portfolios remain heavily exposed to expansionist fossil fuels. Progress is strongly linked to national regulatory environments, with the Netherlands, Denmark, and the UK leading. A critical lever for future impact is the governance of the asset owner–asset manager relationship, where leading funds are moving toward more active mandates, stricter stewardship oversight, and in some cases, the internalization of asset management to ensure alignment with net-zero goals.

The Amazonia Viva Program is a large-scale initiative requesting 200 million USD from the Green Climate Fund (GCF) and 699.47 million USD in co-financing from the World Bank to protect the Amazon biome. The program targets a total of 3 million beneficiaries, including 993,609 direct beneficiaries, and aims to mitigate 8,468,951 tCO2eq over 20 years. It is structured into three components: National Programs and Actions, Regional Cooperation, and Program Management. Key interventions include securing land tenure, restoring degraded lands, promoting agroforestry, and strengthening transboundary governance and climate monitoring. The program specifically focuses on vulnerable groups, including Indigenous Peoples and Afro-descendants, who manage nearly 50% of the Amazon's territories.

The report evaluates the climate transition progress of global private financial institutions (FIs) using the Net Zero Finance Tracker (NZFT). While target adoption has expanded, the quality of these targets remains weak, particularly regarding fossil fuel phase-outs. Implementation has improved in areas like climate risk disclosure, but real-world impact is limited: financed emissions have decreased only slightly since 2019, and credit financing remains heavily skewed toward fossil fuels. Direct finance for clean and transition energy projects grew by 18% annually from 2019 to 2024, reaching nearly USD 126 billion, though this investment is concentrated in advanced economies.

The Net Zero Finance Tracker (NZFT) Methodology 2025 describes a framework for assessing the Paris Agreement alignment of 1,500 global financial institutions, representing approximately USD 286 trillion in assets. The methodology employs a three-dimensional approach—Targets, Implementation, and Impact—using a mix of qualitative tiered scoring and quantitative metrics. Key updates for 2025 include expanded institutional coverage, the integration of new frameworks such as the TPT and OECD, and the use of Large Language Models (LLMs) for primary data extraction from corporate reports. The document details how the NZFT tracks mitigation targets, climate risk management, and financial flows to clean energy and fossil fuels, while introducing an ownership attribution approach to link financial holdings to real-economy emissions and physical risks.

The guidance document details how the Net Zero Finance Tracker (NZFT) monitors financial institutions' (FIs) transition to net zero. It maps NZFT indicators against nine global and regional frameworks—including GFANZ, UN HLEG, and the TPT—to ensure a robust tracking approach. The NZFT aims to exceed standard recommendations by applying more stringent criteria for target coverage, accountability, and evidence of positive climate engagement. While it covers most key transition elements, the document notes current data gaps regarding Just Transition and specific 2030 emission reduction thresholds.

The document highlights the critical need for Canada to adapt its commercial infrastructure—including ports, roads, and airports—to climate change. It cites the 2021 atmospheric river in British Columbia as a primary example of how climate-driven disasters cause massive economic losses and supply chain disruptions. The author notes a $265 billion infrastructure deficit and calls for the federal government to mandate climate risk assessments for all publicly funded projects, upgrade existing corridors, invest in flood protections, and provide long-term funding to municipalities.