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Subscribe on LinkedIn to be notified of each new Daily Update—a curated selection of essential intelligence on financial markets and the global economy from S&P Global. Many countries have been advertising their ambitious decarbonization plans but have yet to take the aggressive action needed to put their plans in motion. However, change may be on the horizon. A group of global leaders reaffirmed or even advanced their net zero commitments and detailed the steps they will take to achieve their long-term goals at last week’s Leaders Climate Summit. "This was a framing around 'here is a cri...

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As climate summit unfolds, no Biden-Bolsonaro Amazon deal forthcoming The United States and Brazil have been conducting closed door negotiations to broker an Amazon rainforest protection agreement — with the U.S. and other nations tentatively to provide significant funding, and Brazil possibly agreeing to pragmatic measures to end deforestation. However, as the global Climate Leaders Summit progressed today, it became apparent that those talks are likely stalemated, with no deal announced, nor likely anytime soon. Brazilian President Jair Bolsonaro has made it clear that Amazon conservation...

Biden assembled an all-star climate team. Now he has to deliver. POLITICO 2 hrs ago By Michael Grunwald © Chip Somodevilla/Getty Images Biden’s climate all-stars will help him as well as pressure him to keep his climate pledges, including a zero-emissions electric grid by 2035, a carbon-neutral nation by 2050 and the 2030 goals he plans to announce this week at his Earth Day climate summit. Jigar Shah was a green finance legend, the founder of the pioneering solar firm SunEdison and then the billion-dollar green infrastructure fund Generate Capital. He was overseeing Ge...

Article content NEW YORK CITY — In the autumn of 1969, a young doctoral student thumbs through a magazine published by his alma mater, the Massachusetts Institute of Technology. The Vietnam War is raging. Richard Nixon is president. The Manson killings have just horrified America with their Helter Skelter depravity. But a different kind of headline blows Michael Oppenheimer’s mind: “The Modification of Planet Earth by Man.” We apologize, but this video has failed to load. Try refreshing your browser, or He was one of the first to warn us the world was getting hotter Back to video �...