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The Energy Supply Financing Ratio (ESFR) compares a bank's financing of fossil fuels against its financing of sustainable alternatives, with a target ratio of 6:1 by 2030 based on IEA scenarios. Reclaim Finance warns that varying methodologies allow banks to present misleading ratios, often by excluding capital market activities or including fossil-fuel-related technologies like CCUS in 'low-carbon' scopes. While some North American and French banks have begun publishing these ratios, significant gaps in transparency and scope persist.

The report argues that the period from 2026 to 2028 is a critical window to shape global digital governance before norms become entrenched. It focuses on the operationalisation of the Global Digital Compact (GDC) and the WSIS+20 outcome document, urging a shift toward 'digital justice' to address structural inequalities, 'compute deserts' in Africa and the Pacific, and the environmental costs of AI. The author outlines specific advocacy pathways within the UN General Assembly, OHCHR, ITU, and UNESCO, while highlighting the unique role of faith-based organisations as trusted intermediaries in restricted civic spaces. It also assesses regional dynamics across Africa, Europe, Latin America, Asia Pacific, the Caribbean, and the MENA region, noting the tension between security-driven policies and human rights.

The report analyzes a severe heatwave in July 2026 characterized by record-shattering Wet Bulb Globe Temperature (WBGT) values across the eastern US and Canada. Attribution analysis indicates that while the atmospheric circulation pattern (a 'heat dome') is characteristic of the region, the intensity of the event was substantially increased by a background climate that has warmed by 1.4°C due to fossil fuel combustion. The study emphasizes that humid heat extremes are an emerging risk, as WBGT is increasing more rapidly than absolute maximum or minimum temperatures. It also highlights the disproportionate vulnerability of low-income residents, outdoor workers, and those in historically redlined urban districts, while noting the critical role of heat action plans and cooling centers in mitigating mortality.

The report proposes optimizing the limited supply of sustainable aviation fuel (SAF) by targeting its use at airports with the highest contrail and particulate matter (PM) impacts. Analysis of 16.6 million flights in 2024 reveals that 2% of flights generate 80% of contrail-related warming. In the U.S., JFK, LAX, and O'Hare are identified as primary targets, while Heathrow, Istanbul Airport, and Paris CDG are the top candidates in Europe. The study finds that a 50% SAF blend can reduce LTO particulate emissions by 26-28% and contrail-related warming by 30-40%. While airport-wide targeting is simplest, time-based and flight-based strategies are more fuel-efficient. Implementation faces logistical hurdles, particularly at airports using hydrant fuel systems, but the report suggests these can be overcome through policy incentives and infrastructure investment.

The document is a formal statement by a coalition of state attorneys general and local officials opposing federal legislation that would shield fossil fuel companies from state-level lawsuits regarding climate deception and consumer protection violations.

Climate Central's analysis of weather data from 1970 to 2025 shows that all four Grand Slam tennis tournaments have experienced an increase in hot days (defined as $\ge$28°C). The French Open has warmed the fastest, with average temperatures rising by 3.5°C. Climate change is attributed with adding 160 extra hot days across the four events, with the U.S. Open seeing the highest absolute increase. Additionally, the frequency of heavy rain days ($\ge$10mm) has increased for the French Open, Australian Open, and Wimbledon.

The report introduces Green Economic Populism (GEP), a framework that argues the affordability crisis is a structural challenge intensified by the climate crisis. It posits that reducing dependence on volatile fossil fuels can lower costs for working people across energy, food, health, housing, and transportation. The document provides polling data showing that 70% of US voters believe economic policy can simultaneously lower costs and reduce emissions, and 55% want coordinated policies to address both. It highlights successful political campaigns and labor actions in cities and states such as New York City, Seattle, New Jersey, Georgia, and Missouri that centered the intersection of climate action and material needs, such as rent stabilization, utility price controls, and decarbonized public infrastructure.

The document highlights the systemic environmental inequality facing Latino communities in the U.S., who are nearly three times more likely than white communities to live in areas with the worst air pollution. It identifies fine particulate matter (PM2.5) and ground-level ozone as primary threats, exacerbated by methane emissions and wildfire smoke. The text warns that rollbacks of EPA protections, including the dismantling of the Good Neighbor Rule and the erasure of the 2009 Endangerment Finding, threaten public health. It concludes by demanding enforceable air quality standards, investments in green infrastructure, and a transition to renewable energy.

The report finds that anthropogenic climate change has significantly increased the probability of dangerous humid heat during the 2026 FIFA World Cup compared to 1994. Using Wet Bulb Globe Temperature (WBGT) as a metric, the analysis indicates that more games are expected to exceed the 26C and 28C thresholds recommended by FIFPRO for cooling breaks and postponement, respectively. While air-conditioned stadiums may mitigate risks for players, spectators at outdoor events remain vulnerable. The study concludes that without substantial adaptation and rapid mitigation of fossil fuel use, hosting summer tournaments in the northern hemisphere will become increasingly hazardous.

The UBIC coalition demands the resignation of South African Minister of Social Development Nokuzola Sisisi Tolashe following allegations of financial misconduct and improper hiring. The coalition argues that these scandals distract from urgent poverty alleviation efforts, specifically the finalisation of basic income support and Social Relief of Distress (SRD) grant policies.

Upgrading the millions of US homes relying on electric resistance heating to air-source heat pumps (ASHPs) and heat pump water heaters (HPWHs) offers significant benefits for affordability, grid reliability, and climate goals. For single-family homes, these upgrades can save households an average of $1,530 annually and reduce total carbon pollution by approximately 40%. At scale, such transitions could reduce US residential summer peak demand by 11 GW and winter peak demand by 51 GW. The report advocates for updating building energy codes to discourage electric resistance in new construction and retrofits, setting specific replacement targets, and implementing midstream incentive programs and on-bill financing to overcome up-front cost barriers.

The report examines the growing influence of private equity in Michigan, where 10% of the private sector workforce is employed by private equity-controlled companies. It details how leveraged buyouts and aggressive cost-cutting strategies have led to increased bankruptcy rates, labor disputes, and reduced quality in essential services. Specific case studies highlight staffing shortages and poor rankings at Apollo-owned hospitals, rent spikes in Blackstone-owned student housing, and safety violations and child labor at Hearthside Food Solutions. The document also notes that Michigan has the second-highest number of private equity-owned manufactured home parks in the U.S., often characterized by predatory rent increases and neglected maintenance. Finally, it calls for the Michigan State Treasury and Retirement System to adopt responsible workforce and property management standards to protect public investments and residents.

Reclaim Finance calls on institutional investors in Europe and North America to hold asset managers accountable for climate risks, citing examples of mandate withdrawals and the need for concrete climate selection criteria to prevent global economic losses.

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.

Analysis of USA National Phenology Network data shows that first spring leaves now emerge earlier in 88% of 242 major U.S. cities, shifting by an average of six days since 1981. This trend, combined with a freeze-free growing season that has stretched 21 days longer on average across 173 cities between 1970 and 2025, extends allergy seasons and increases the risk of 'false spring' crop losses. Ecological disruptions include potential mismatches between bird migration and the peak abundance of food sources.

The document advocates for a transformative approach to climate adaptation that moves beyond infrastructure to include 'communication justice'. It highlights the role of constructive journalism in combating 'climate fatigue' and the potential of AI to improve disaster prediction and information dissemination. The author criticises global agendas, such as those for COP30, for overlooking the role of independent journalism and public engagement. The statement calls for coordinated collaboration between governments, the private sector, and local communities to close digital divides and ensure that the voices of the most vulnerable are integrated into national development plans.

The document details how climate change disrupts U.S. transportation systems through acute events like hurricanes and chronic stressors like sea level rise. It highlights significant projected costs for asphalt maintenance and railroad delays, the vulnerability of coastal highways and bridges, and the necessity of proactive adaptation, such as using heat-resistant materials and nature-based solutions, to mitigate economic losses.

The document argues that integrating decarbonization into core capital investment decision-making allows real estate investors to move from reactive compliance to proactive value creation. It highlights that sustainable building features are increasingly demanded by occupiers, with LEED-certified buildings in the US seeing rent premiums of 3%–4% and energy-efficient properties outperforming less efficient ones in total returns by 5% since 2021. The paper proposes six key principles for strategic planning: managing energy demand, life-cycle-based expense planning, aligning upgrades with trigger events, phasing in quick wins, using integrated design, and considering risk overlays.

The High Seas Treaty, formally the Agreement on the Conservation and Sustainable Use of Marine Biological Diversity of Areas Beyond National Jurisdiction (BBNJ agreement), enters into force on January 17, 2026. It establishes a global framework to protect biodiversity in international waters, which cover roughly two-thirds of the ocean and previously lacked comprehensive governance. The treaty is built on four pillars: area-based management tools (including marine protected areas), rules for sharing benefits from marine genetic resources, capacity building and technology transfer for low-income countries, and standardized environmental impact assessments for activities like marine carbon dioxide removal. While it does not replace Regional Fisheries Management Organisations (RFMOs) for setting quotas, it aims to influence fisheries through ecosystem-based management. As of January 15, 2026, 83 parties have ratified the agreement. Implementation now depends on the BBNJ Preparatory Commission and the first Conference of Parties (BBNJ COP) to finalize governing structures, financial mechanisms, and operational logistics.

The Global Resilience Partnership (GRP) reports significant growth in 2025, expanding to over 90 partner organizations. Key activities included launching several innovation challenges—such as the RISE Urban Challenge and the TECH 4 Resilience Challenge—and establishing the Mobilising Business for Resilience (MBR) platform with the IFC to address the adaptation finance gap. The GRP also co-managed the Resilience Hub and launched the Climate Resilience Awards for Business with the WBCSD.