The Daily Climate

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Yellen to press for additional reforms at World Bank this year

U.S. Treasury Secretary Janet Yellen will call on Wednesday for the World Bank to undertake additional reforms this year to expand its ability to help developing countries meet global challenges such as climate change.

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Bank of England to study climate-related capital further

The Bank of England will carry out further study as it is not yet clear whether it needs to require banks and insurers to set aside longer-term capital buffers to provide for the consequences of climate change.

Newsletter

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Biden's clean energy factory jobs may elude U.S. union workers

In the six months since passage of Biden's signature climate change law, a majority of the $50 billion of announced investments in domestic manufacturing to support the clean energy transition has been in states with laws that make it harder for workers to unionize.

Causes

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Deutsche Bank tightens coal finance policy but not oil and gas

Deutsche Bank on Thursday tightened its coal financing policies but has yet to change its criteria for the oil and gas industries, drawing criticism from climate activists.

Politics

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Swiss right-wing party to call referendum in bid to block climate change law

Switzerland's right-wing Swiss People's Party will within a few days call a referendum aimed at blocking a draft law to cut greenhouse gas emissions, party officials said.

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COP27 deal delivers landmark on 'loss and damage', but little else

Countries adopted a hard-fought final agreement at the climate summit that sets up a fund to help poor countries battered by climate disasters, but does not boost efforts to tackle the emissions causing them or say who should pay.

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St. Croix refinery cannot restart without new permit, air pollution tech -EPA

U.S. regulators will require a new Clean Air Act permit for a troubled oil refinery in the U.S. Virgin Islands, which could cost its owners hundreds of millions of dollars and take three years or more to obtain, the Environmental Protection Agency said on Thursday.

ORIGINAL REPORTING

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Yellen to press for additional reforms at World Bank this year

Bank of England to study climate-related capital further

Deutsche Bank tightens coal finance policy but not oil and gas

Swiss right-wing party to call referendum in bid to block climate change law

COP27 deal delivers landmark on 'loss and damage', but little else

St. Croix refinery cannot restart without new permit, air pollution tech -EPA

Coal stockpiles strain US power sector as demand wanes

Bogotá faces water rationing

Wisconsin oil spill fuels doubts over Enbridge’s pipeline safety

Hydrogen hubs test new federal environmental justice rules

Donald Trump wins US presidency. What that could mean for the environment.

Trump-backed plan seeks to overturn Biden's climate policies

Op-ed: The real scam — rail against renewables, run away with factories

Cyclone devastates Mayotte