Welcome to this week’s edition of The Weekly Climate 🎉
References: [1], [2], [3], [4] and [5].
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‼️News you can’t miss
Here’s one important scary/bad (🙀), good (😻), interesting (😼) and fossil (💩) news item.
🙀 #Climate Aid: Trump administration freezes $500 million in critical climate aid, endangering developing nations' climate resilience projects.
😻 #Polluters Pay: New York leads climate action by requiring fossil fuel companies to pay $3 billion annually for climate damage repair.
😼 #Green Technology: Scientists develop electricity-generating slime that could revolutionize medical bandages and robot skin.
💩 #Fossil Fuel Subsidies: Despite phase-out pledges, G7 fossil fuel subsidies surge to $1.36 trillion, with U.S. leading the increase.
This week’s highlights
This week featuring groundbreaking legislation, concerning subsidy increases, and threats to world heritage.
New York Takes Historic Stand Against Big Oil
New York is setting a national precedent with Governor Hochul's groundbreaking legislation requiring fossil fuel companies to pay $3 billion annually for climate damage. This first-of-its-kind law targets emissions from 2000-2018, marking a pivotal shift in holding polluters financially accountable. Read more
G7's Troubling Fossil Fuel Support Continues
Despite pledges to phase out fossil fuel subsidies by 2025, G7 nations have increased their support by 15% since 2016, reaching a whopping $1.36 trillion. While Canada shows some reduction, the U.S. leads this concerning trend, raising questions about genuine commitment to climate goals. Read more
Climate Aid Faces Critical Setback
The Trump administration's freeze of $500 million in USAID climate funding delivers a severe blow to global climate action. This decision threatens vital projects in developing nations, potentially undermining years of international climate finance efforts. Read more
Record-Breaking January Raises Alarms
January 2025 has set a troubling record as the hottest January ever recorded, particularly concerning during La Niña conditions. Scientists suggest reduced air pollution may be accelerating warming trends, complicating future temperature predictions and challenging established climate goals. Read more
World Heritage Sites Under Threat
A new study reveals a dire future for natural world heritage sites, with nearly all expected to face extreme heat by century's end under high warming scenarios. Icons like the Galápagos Islands and Great Barrier Reef face unprecedented risks, emphasizing the urgent need for enhanced conservation efforts. Read more
That’s it for this week folks!
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