A missing feedback in earth’s carbon cycle could cause global warming to overshoot into an ice age, say researchers at University of California - Riverside. As the planet warms, nutrient-rich runoff fuels plankton blooms that bury huge amounts of carbon in the ocean. In low-oxygen conditions, this process can spiral out of control, cooling earth far beyond its original state. While this won’t save us from modern climate change, it may explain earth’s most extreme ancient ice ages.
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New funds to unlock millions for frontline environmental action
A new package of $67m has been approved by the Global Environment Facility to help nations take frontline action on biodiversity loss, pollution and a rapidly warming planet. With UNDP’s support, the funding will be channelled to nine projects targeting some of the world’s most fragile ecosystems and climate-vulnerable communities in Africa, Asia-Pacific, Latin America and the Middle East and North Africa.
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New regional hub to strengthen climate action in Hindu Kush
The United Nations Framework Convention on Climate Change and the International Centre for Integrated Mountain Development (ICIMOD) has launched the Hindu Kush Himalaya Regional Climate Action Transparency Hub. The launch builds on a three-year memorandum of understanding, establishing a dedicated platform for ICIMOD’s eight Regional Member Countries – Afghanistan, Bangladesh, Bhutan, China, India, Nepal, Myanmar and Pakistan. The hub aims to provide sustained capacity building and promote data and experience sharing across the region.
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28 December 202528 December 2025Climate, Regulation, Updates
European Council urges accelerated transition by 2030
The European Council has approved conclusions on 'Europe's Environment 2030 – Building a more climate resilient and circular Europe'. The conclusions stress the urgent need to accelerate action to meet the EU’s long-term environmental and climate goals, particularly the six 2030 priority objectives of the 8th Environment Action Programme (EAP).
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Hashgraph Group launches EcoGuard to empower carbon market
The Hashgraph Group (THG), the Swiss-based Web3 technology engineering company operating within the Hedera ecosystem, has launched EcoGuard, a secure, scalable and sustainable carbon credit workflow platform. Built on Hedera network, the energy-efficient distributed ledger technology (DLT), EcoGuard is redefining carbon market infrastructure by automating and embedding digital trust and data provenance directly into the entire carbon asset lifecycle, ensuring full traceability of every carbon credit from creation and verification to issuance, tracking, and retirement.
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Tata Power, LSE and IGC launch lab to accelerate India’s transition
Tata Power has launched the Energy Insights & Innovation Lab (EIIL) at its Mumbai based headquarters. This strategic research initiative is designed to harness cutting-edge research, data and experimentation to support India's clean energy transition while improving the quality, reliability and affordability of electricity services for consumers across India.
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FFI Solutions and Rho Impact scale climate-positive investing
FFI Solutions and Rho Impact have announced a strategic partnership to help institutional investors systematically assess avoided emissions across their portfolios. FFI Solutions, an independent climate research, analytics and advisory firm, will integrate Rho Impact’s Koi platform as its primary technology partner for avoided emissions assessment. Rho Impact is an innovator in climate impact forecasting and advanced data solutions.
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Beko secures €100m sustainability-linked loan from IFC
Beko, the global home appliance company, has signed a €100m sustainability-linked loan with IFC, a member of the World Bank Group. Marking Beko's first sustainability-linked loan, the agreement reinforces the company's commitment to integrating sustainability across its value chain and driving innovation in energy-efficient technologies.
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Bank of America commits $10m to those impacted by LA wildfires
As Los Angeles continues its efforts to rebuild, Bank of America is announcing $10m in zero-interest loans to Community Development Financial Institutions (CDFI) for ongoing housing, non profit facilities and small business assistance. The loans will be managed through three west coast CDFIs involved in the region’s disaster recovery efforts following the devastating Eaton and Palisades fires.
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Matrix Renewables signs agreement with Tesla for battery project
Matrix Renewables has signed a Full EPC (Engineering, Procurement, and Construction) agreement with Tesla for the design, construction, and commissioning of a 500MW/2-hour (1GWh) standalone battery energy storage system (BESS) located in Eccles, Scotland. This will be the first standalone BESS project for the company in the UK.
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2026 temperature likely to be 1.4°C above pre-industrial average
The Met Office has forecasted the temperature for next year to be 1.46°C above the pre-industrial average (1850-1900). The last three years have all exceeded 1.4°C, and 2026 will be the fourth year in succession to do this. The average global temperature for 2026 is forecast to be between 1.34°C and 1.58°C (with a central estimate of 1.46°C) above the average for the pre-industrial period.
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14 December 202514 December 2025Regulation, Updates
Deal reached on updated EU sustainability reporting and due diligence
Legal Affairs Committee MEPs and the European Council have agreed to reduce sustainability reporting and due diligence requirements for companies, a proposal that forms part of the so-called Omnibus I package. According to the informal agreement, social and environmental reporting will only be required for EU companies employing on average over 1,000 employees and with a net annual turnover of over €450m. The net turnover threshold has also been increased for non-EU companies to €450m generated in the EU for sustainability reporting.
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14 December 202514 December 2025Climate, Regulation, Updates
Political agreement reached on amendment to the EU Climate Law
Negotiators from the European Parliament and Council have reached a provisional political agreement on an amendment to the EU Climate Law, setting a new, intermediate and binding 2040 EU climate target of reducing net greenhouse gas (GHG) emissions by 90% compared to 1990 levels.
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14 December 202514 December 2025Regulation, Updates
ISSB issues targeted amendments to IFRS S2
The International Sustainability Standards Board (ISSB) has issued targeted amendments to greenhouse gas (GHG) emissions disclosure requirements in IFRS S2 Climate-related Disclosures in response to specific application challenges that were identified as companies started to apply the Standard.
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M&S Launches RE:Spark to ignite renewables adoption
M&S has announced the launch of RE:Spark, a new supply chain decarbonisation programme developed in partnership with Schneider Electric, a global energy technology leader. The initiative has been designed to accelerate the adoption of renewable electricity across M&S’s global fashion supply chain and is a key part of the retailer’s sustainability strategy, Plan A, which aims to achieve net zero emissions across its value chain by 2040.