Wednesday 26th March 2025

NYC’s $280bn pension funds vow “not to retreat one inch” on climate, as Fidelity raises $330mn for green real estate and Amazon launches a new carbon credit platform. Despite 84% of firms staying the course on climate targets, Deloitte exits a key net-zero alliance and Big Four reports reveal major gaps in sustainability reporting. Wildfires rage in Japan and South Korea, Peru’s melting glaciers poison water, and climate change reshapes rivers, businesses in the Alps, and the UK food system. Meanwhile, Paris expands pedestrianisation, Guernsey eyes savings through climate action, and Drax snaps up a battery storage investor in a £200mn deal.

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