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

Updated 26 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Eniola Odetunde/Axios

  1. Global: Total confirmed cases as of 9 a.m. ET: 19,128,901 — Total deaths: 715,555— Total recoveries — 11,591,028Map.
  2. U.S.: Total confirmed cases as of 9 a.m. ET: 4,884,406 — Total deaths: 160,111 — Total recoveries: 1,598,624 — Total tests: 59,652,675Map.
  3. Politics: Trump floats executive action even if stimulus deal is reached.
  4. Business: U.S. economy adds 1.8 million jobs in July — Household debt and credit delinquencies dropped in Q2.
  5. Sports: The pandemic's impact on how sports are played.
  6. 1 🎮 thing: Video gaming growth soars.

Trump floats executive action even if stimulus deal is reached

Photo: Samuel Corum/Getty Images

The White House is finalizing a series of executive orders addressing key coronavirus stimulus priorities if negotiations with Congress fall apart, and it's leaving the door open for President Trump to use them even if a deal is reached that doesn't encompass all of his priorities, two administration officials tell Axios.

What we’re hearing: “I wouldn't be surprised that, if something gets left off the table, we’d be like ‘we can take this executive action too and be able to win on it anyway,’” one official said.

48 mins ago - Technology

TikTok responds to Trump executive order: "We are shocked"

Photo: Jakub Porzycki/NurPhoto via Getty Images

TikTok said Friday that it was "shocked" by President Trump's executive order that will ban Americans from dealing with ByteDance, its China-based owner, in 45 days.

Why it matters: TikTok argued that Trump's move "risks undermining global businesses' trust in the United States' commitment to the rule of law, which has served as a magnet for investment and spurred decades of American economic growth."