Global Scans · Climate · Weekly Summary

WHAT'S NEXT?: Dealing with climate change over the next 15 years will require $6 trillion USD in annual investment. Organizations, large and small, will increasingly be pressured to deal with the effects of global climate change or face increased costs through not fully adopting sustainable policies. Instantly explore what’s changing and likely to impact your organization and how to mitigate the threat for the benefit of all mankind.

• [New] If carbon neutrality is to be achieved by 2050, global investment in clean energy will have to triple worldwide and $2.2 to $2.8 trillion per year will be needed for the energy and climate transition in developing and emerging countries. France Diplomacy - Ministry for Europe and Foreign Affairs
• [New] European Commission set to permit limited imports of carbon credits for 2040 climate target The European Commission is expected to propose allowing limited imports of international carbon credits to help the EU achieve its 2040 climate target. NenPower
• [New] Climate Risk Legislation The UK Government is currently producing legislation which enforces the transition to net zero by 2050, and the stated 78% reduction of greenhouse gases by 2035 (based on a 1990 baseline). ADVFN
• [New] Countries such as Singapore will buy carbon credits to meet their climate targets, while nations like Kenya can sell credits produced by carbon projects such as direct air capture and biochar production - a process that creates a charcoal-like mass that can lock away carbon. ST
• [New] India's shift to a green economy is vital for sustainable development, offering immense potential for job creation, climate resilience, clean technology expansion, and long-term economic growth through environmentally responsible policies and investments. vajiramandravi
• [New] Titan's Methane Cycle and Its Implications Analyzing Titan's methane cycle, which involves processes similar to Earth's water cycle, helps scientists learn about the moon's organic chemistry, climate, and possible liquid environments that could support complex chemical processes. ScienceFather
• [New] Fairer taxes on polluting industries around the world could help avoid more deaths, providing immediate and significant support to climate-vulnerable countries, and finally incentivise investment in a fast, fair transition to renewables. The Guardian
• [New] The Trump administration will propose scrapping Biden-era climate mandates requiring power plants to curb greenhouse gas emissions, and will also advance a plan to ease limits on mercury and other toxic air pollution. clarity
• [New] AXA is committed to transitioning its investment portfolio to net-zero greenhouse gas emissions by 2050, consistent with a maximum temperature rise of 1.5 °C above preindustrial levels by 2100 and taking into account the Intergovernmental Panel on Climate Change transition pathways. AXA.com
• [New] In addition to the economic and environmental benefits, Gotion's investment aligns with Illinois' ambitious climate goals, including achieving 100% clean energy and putting one million EVs on the road by 2030. Trade Horizons
• [New] The EPA is not claiming that climate change does not pose a threat, nor is the EPA claiming that greenhouse gases do not contribute to climate change. Reason.com
• ADB's interventions range from supporting national adaptation plans to financing climate-informed investment projects that improve water infrastructure, promote water-saving technologies, and enable risk-adapted agricultural practices. UNITAR
• From infrastructure investment and law enforcement to behavioral change and international partnerships, Lagos is gradually building the resilience it needs to withstand climate-related risks. TheCable
• Atrium Health has signed the HHS Health Care Sector Pledge and committed to meet the Biden administration's climate goal of reducing emissions by 50% by 2030 and achieving net zero emissions by 2050. Atrium Health
• The adoption of EVs, along with the integration of autonomous vehicles and smart city solutions, has the potential to significantly reduce greenhouse gas emissions, contributing to global efforts to combat climate change. Automobilnews News - The first AI News Portal world wid
• Energy Transition Paradox: Indonesia has ambitious climate targets, including aiming for carbon neutrality by 2060 and increasing renewables' contribution to electricity generation. EXAPUTRA
• Coal production would soar 84% by 2045 - a year when scientists say carbon emissions need to be near net zero to avoid the worst impacts of climate change. Inside Climate News
• A new European Commission report finds the EU is nearly on track to meet its 2030 climate goals, including a 55% cut in greenhouse gas emissions from 1990 levels. FTI Strategic Communications
• The EMDE Investor Taskforce is an industry-led initiative which aims to unlock capital to address climate change risks and tackle the barriers preventing finance from flowing into emerging markets by bringing together leaders from across the UK investment community. JD Supra

Last updated: 06 July 2025