May 12, 2020 - Energy & Environment

A bridge between CO2 plans and the coronavirus response

Ben Geman, author of Generate

Illustration: Sarah Grillo/Axios

Coming soon (perhaps) to a country near you: A coronavirus-Paris climate deal crossover.

Driving the news: The World Bank wants to help nations ensure their upcoming emissions pledges under the Paris climate agreement are transformed into a "pipeline of shovel-ready activities."

Why it matters: The plan signals how multilateral institutions want climate-friendly investments stitched into the fabric of huge economic recovery packages.

Catch up fast: This year, countries are supposed to submit revised pledges, called "nationally determined contributions," ahead of what was slated to be a pivotal UN climate summit in November.

  • The event has been postponed until some time next year due to the pandemic.
  • But the World Bank says countries should nonetheless look at the NDCs and other climate plans as components of their coronavirus response.

How it works: Bank officials are offering guidance to governments for how to integrate NDCs into stimulus packages.

  • "Building the bridge between NDCs and a sustainable recovery will require significant coordination, both between the ministries of each government and externally, including with international institutions," World Bank officials said in a post on the topic last week.

But, but, but: It's not clear how many countries will buy into the idea of "green" economic recovery packages, which brings me to this Reuters piece...

"[T]here are already signs that China and other Asian giants like South Korea and Japan will steer recovery funds into struggling coal-focused state financers, equipment suppliers and construction firms."

Go deeper: How a climate-change outfit shifted to coronavirus

Go deeper

Trump's week of viral quicksand

Data: NewsWhip; Chart: Andrew Witherspoon/Axios

Stories about President Trump's photo op at St. John's church after peaceful protesters were forcefully cleared from the area averaged the most online attention of any issue about the president this week.

Why it matters: Trump's force-over-compassion approach to the demonstrators protesting the murder of George Floyd had Republican allies backpedaling to keep a distance — and led to a wave of condemnations that got plenty of online traction on their own.

Biden formally secures Democratic presidential nomination

Joe Biden speaks at Delaware State University's student cente on June 5. Photo: Jim Watson/AFP via Getty Images

Former Vice President Joe Biden became the formal Democratic presidential nominee on Friday evening, per AP.

The big picture: Biden has been the presumptive frontrunner to take on President Trump since Sen. Bernie Sanders suspended his campaign in early April.

Updated 11 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 9 p.m. ET: 6,724.516 — Total deaths: 394,018 — Total recoveries — 2,996,832Map.
  2. U.S.: Total confirmed cases as of 9 p.m. ET: 1,894,753 — Total deaths: 109,042 — Total recoveries: 491,706 — Total tested: 19,231,444Map.
  3. Public health: WHCA president says White House violated social-distancing guidelines to make reporters "a prop" — Jailing practices contribute to spread.
  4. Sports: How coronavirus could reshuffle the sports calendar.
  5. Jobs: Better-than-expected jobs report boosts stock market.
  6. Media: The Athletic lays off 8% of staff, implements company-wide pay cut.