New World Resources Institute (WRI) analysis, supported by The Rockefeller Foundation, reveals that every $1 invested in preparing for climate-caused health risks can yield up to $68 in benefits for communities in Africa, Asia, Latin America and the Caribbean, and the Middle East. Research shows how tools and services like early warning systems and disease surveillance significantly reduce deaths and illness, helping more communities in low- and middle-income countries become more resilient.
Features
War spending could help close the climate funding gap
Military spending has been increasing for more than a decade, reaching $2.7tr in 2024 and $2.88tr in 2025. Meanwhile, there is a $4tr dollar shortfall in funding needed to achieve the world’s Sustainable Development Goals and, of that, a $2tr funding gap for climate and energy transition action.
Action on aerospace is part of the Commission’s Accelerate EU
Because the conflict in the Middle East is heavily impacting global energy markets, with a knock-on effect on the economy, industry and households, the Commission is taking specific action with notable measures in relation to the transport sector. To ensure sufficient availability of transport fuels and preserve the effective functioning of the single market, the Commission will step up European coordination on the optimisation of fuel distribution across Member States.
World Bank Group to improve water security for 1bn people
The World Bank Group, in partnership with multilateral development banks, development finance institutions and key partners, has launched Water Forward, a global platform to help improve water security for 1bn people by 2030. The platform will align policy reforms, financing, and partnerships to expand reliable water services and strengthen systems against droughts and floods, essential conditions for job creation.
JP Morgan addresses climate and “under-modelled” tipping points
Climate decision-making requires acting on long-term scientific signals with imperfect estimates of financial and societal impact, sometimes well before markets fully price in the risks. Leaders make strategic choices under this uncertainty, which may only become visible to the broader market years later, writes Dr Sarah Kapnick, Global Head of Climate Advisory, Commercial & Investment Bank, J.P. Morgan.
Updates
Energy
EU awards over €1 billion to European hydrogen projects
The European Commission has selected nine hydrogen production projects under the third auction of the European Hydrogen Bank. Across seven countries in the European Economic Area, the projects are expected to provide almost 1.1 giga-watts of electrolyser capacity and produce over 1.3m tonnes of hydrogen over their first 10 years of operation, with an estimated greenhouse gas emissions avoidance of 9m tonnes of CO2 equivalent.
JP Morgan: Energy outlook 2026 – mitigating volatility with a diverse energy mix
The bank's research says volatile oil prices and surging electricity demand highlight the urgent need for a diversified energy mix to safeguard economic and energy security. The need for diversified energy sources is rapidly reshaping global power generation. Renewables and advanced technologies are projected to supply the majority of global electricity by 2100. Overall, increased global investment in renewables, including nuclear, solar and wind, is paving the way for a more stable and resilient future.
IEA publishes 2026 Energy Crisis Policy Response Tracker
The conflict in the Middle East has triggered an unprecedented disruption to global fuel markets, tightening supply and placing significant pressure on consumers and economies worldwide. In response, the IEA has launched its largest ever release of emergency oil stocks and also published a menu of demand-side measures that governments, businesses and households can take to shelter consumers from oil price pressures and support energy security.
Octopus Energy Generation makes nearly €600m European wind push
Octopus Energy Generation, one of Europe’s largest specialist renewables investors, is making a major Europe-wide push into the wind energy market, acquiring 321MW onshore wind farms across 17 sites. Its fund management team has invested €584m in wind farms in France, Germany and Poland, on behalf of the Sky fund it manages, accelerating homegrown power across key European markets. These wind farms will generate enough clean power for over 250,000 homes.
UK Infinity Fusion Consortium to accelerate UK fusion power plant
Type One Energy, Tokamak Energy and AECOM have announced the UK Infinity Fusion Consortium to pursue development of the first private-sector-led fusion power plant project in the United Kingdom. Together, the companies intend to develop a fusion project that is commercially credible, deployable using existing enabling technologies, and capable of attracting private capital.
Solar surge halts fossil generation rise as renewables overtake coal
Record solar growth meant clean power sources grew fast enough to meet all new electricity demand in 2025, thereby preventing an increase in fossil generation, according to Ember’s seventh annual Global Electricity Review . This was the first year since 2020 without an increase in electricity generation from fossil fuels and only the fifth year without a rise this century.