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The report examines New York State's progress toward the climate requirements of the Climate Leadership and Community Protection Act (CLCPA), noting that the state is not on track to meet these goals and has cited costs as a reason for infeasibility.

The document asserts that private finance continues to bankroll the fossil fuel industry despite net-zero alliances, which have largely collapsed or been gutted due to industry backlash. It calls for regulators to mandate climate transition plans, exclude fossil fuel assets from central bank collateral frameworks, and pass legislation to choke off funding for fossil fuels. While some progress is noted in coal restrictions and specific European institutional investor pledges, the author maintains that binding regulation is essential to ensure private capital accelerates rather than obstructs the global energy transition.

The document examines the impact of geothermal energy expansion in Indonesia, specifically projects funded by the World Bank and Asian Development Bank. It details environmental degradation, including water depletion and pollution, and social harms such as health crises, economic losses for farmers, and the criminalization of dissent. The author advocates for a 'Feminist Just Transition' framework to ensure community consent and equity in the energy transition.

The briefing proposes a 'new carbon economy' to manage carbon as a valuable resource rather than just a waste product. It identifies five core activities—point source capture, carbon dioxide removal, utilization, storage, and transportation—and argues that a lack of coordination between these sectors is currently delaying infrastructure investment and risking the misallocation of resources. The author asserts that a broad coalition of experts and civil society is needed to define a strategic vision for this system to ensure it supports decarbonization without extending the life of fossil fuel power plants.

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 examines the debate over South Africa's economic trajectory. While Treasury and business argue that structural reforms in electricity and transport, along with modest growth increases from 0.6% in 2024 to 1.1% in 2025, signal a recovery, critics argue that growth remains below population growth (1.33%) and is insufficient to address unemployment. The briefing highlights a decline in the investment-to-GDP ratio to approximately 14% and warns that fiscal austerity and contractionary monetary policies may stifle growth. Additionally, it notes that an emerging international crisis involving the war on Iran and rising oil prices threatens the economy with stagflation, potentially exacerbated by a hawkish Reserve Bank and a lack of a major fiscal stimulus package.

The authors argue that Europe risks missing a strategic window to lead in geothermal energy due to insufficient political support and financial risks. They claim next-generation geothermal systems could generate 301 TWh of electricity annually in the EU, roughly 42% of current coal- and gas-fired generation. To unlock this, the letter calls for a dedicated EU geothermal de-risking facility for drilling, long-term revenue frameworks like two-way CfDs, streamlined permitting, and the creation of a European Geothermal Industry Alliance.

The report argues that subnational governments are critical to the global transition away from fossil fuels because extraction facilities, workforces, and communities are located within their jurisdictions. It recommends that these governments diversify local economies, develop time-bound and financed transition roadmaps, and reduce Scope 1 and 2 emissions from existing operations. The document emphasizes that emissions reductions should complement rather than replace the transition away from production. It also advocates for multilevel policy alignment and international cooperation through alliances such as the Beyond Oil and Gas Alliance and the Powering Past Coal Alliance.

The SUNCASA project has implemented nature-based solutions (NbS) across three Sub-Saharan African cities, planting 2.4 million trees and shrubs and restoring over 3,500 hectares of land within its first two years. In Dire Dawa, the project focuses on afforestation and agroforestry to combat soil erosion and improve food security. In Kigali, efforts center on riparian buffer zones and agroforestry to reduce flood risks. Johannesburg's primary focus is the removal of alien invasive species to protect water quality and biodiversity. The project integrates gender equality and social inclusion (GESI) to ensure marginalized groups participate in climate adaptation. Cost-benefit analyses indicate significant future savings in flood-related infrastructure and health expenses across all three cities.

The authors argue that voluntary initiatives to reduce fossil fuel subsidies have failed, as evidenced by 2023 subsidies reaching $794 billion. They propose a binding WTO agreement based on the Agreement on Climate Change, Trade and Sustainability (ACCTS) model, which uses the Standardized Carbon Rate Measurement (SCRM) to ensure carbon prices remain above committed levels. The paper suggests that successful subsidy removal depends on a state's ability to transition to green energy and recommends a WTO waiver on local content requirements to support this transition.

Ghana faces a critical juncture where economic recovery is threatened by a fragile, high-carbon energy sector and widespread illegal mining. The energy sector is characterized by high debt, a heavy reliance on thermal generation, and a lack of renewable energy investment. Simultaneously, illegal mining (galamsey) causes severe deforestation and water pollution, threatening food security and the viability of hydropower. The document proposes a transition toward sustainable growth through competitive solar auctions, the establishment of a green investment facility, the formalization of artisanal mining via the Ghana Gold Board, and large-scale ecosystem restoration.

The report analyzes the role of renewable energy in shielding Britain from a fossil fuel crisis in March 2026. It finds that new wind and solar capacity reduced gas-fired power generation by 39% compared to 2021, avoiding approximately £7 million in daily gas purchases during the first four weeks of the crisis.

The policy brief examines the proposed €100 billion Industrial Decarbonisation Bank (IDB) and argues that to avoid the bottlenecks seen in previous schemes like the Innovation Fund, the IDB must coordinate funding for shared infrastructure, use carbon contracts for difference (CCfDs), and strengthen demand signals for low-carbon products.

The document explains the El Niño-Southern Oscillation (ENSO) and warns that a particularly strong El Niño is forecast, which may lead to record global temperatures. It details the diverse impacts of the 2023-2024 event in Latin America, including crop failures in Mexico and Central America, droughts in northern Brazil, and energy crises in Costa Rica. It provides a list of technical resources and experts for further reporting.

The research identifies significant regional and gender disparities in access to PRONAF credit in Brazil, finding that technical assistance (ATER) and cooperative membership are critical determinants of access. While the 2025/26 Agricultural Plan allocated R$ 78.2 billion to PRONAF, a previous study indicated that approximately 85% of smallholders lack credit access. Simulations show that expanding ATER would most effectively increase access in the North and Northeast, while strengthening cooperatives would be most impactful in the Southeast and Midwest. The report warns that declining federal investments in ATER—dropping to approximately R$ 26.48 million by October 2025—compromise the program's ability to build climate resilience among vulnerable smallholders.

Drought in Türkiye has led to a permanent decline in hydroelectric output, with the average capacity factor of plants falling from 38% (1996–2005) to 26% over the last decade. This decline is compensated by natural gas power plants, increasing the country's reliance on energy imports. The long-term impact of drought on energy imports is estimated at an average of $1.8 billion per year, with the three largest dams alone (Atatürk, Karakaya, and Keban) contributing to $400 million in additional annual gas imports.

Turkey experienced record growth in wind and solar energy capacity in 2025, with combined new installations reaching 6.5 GW and total installed capacity for both sources hitting approximately 40 GW. Solar electricity generation doubled between 2023 and 2025, rising from 18.4 TWh to 37.3 TWh. While Turkey leads in its immediate region, its overall renewable energy share of electricity production (43% in 2025) remains below the European Union average of 48%.

Turkey needs to commission 8 GW of new wind and solar capacity annually to meet its 2035 goals, requiring an estimated $28 billion in additional grid investment. The report identifies critical bottlenecks in grid connection capacity, particularly for unlicensed and storage-based projects, and suggests accelerating permitting through the 2025 "super permit" legislation. It recommends diversifying energy sources via floating solar and offshore wind, leveraging hybrid solar installations at hydroelectric plants to mitigate drought risks, and increasing regional interconnection capacity to enhance grid flexibility. Additionally, it argues that the $8.7 billion purchase guarantee for domestic coal plants contradicts renewable goals and complicates system management.

The report finds that drought has caused a permanent decline in Turkey's hydroelectric capacity factors, leading to a reliance on natural gas to compensate for the loss, which increases energy imports by an estimated 1.8 billion dollars annually.

Turkey has developed a significant battery project pipeline of 33 GW due to regulations requiring new wind and solar plants to include storage. However, these projects average a storage duration of 1.1 hours, which is lower than the global average of 2.5 hours seen in 2025. While 208 MW were commissioned by February 2026, the pipeline is expected to diminish starting in 2026 as plants enter service or licenses are cancelled.