Green investments account for roughly 1% of the overall $12 trillion currently pledged by major economies recovering from pandemic-induced recessions, a BloombergNEF report finds.
Why it matters: The International Energy Agency projected in May that global investment in all forms of energy would fall by one-fifth this year due to the pandemic, with a 10% decrease for renewable power.
Climate scientists are increasingly able to use computer models to determine how climate change makes some extreme weather more likely.
Why it matters: Climate change's effects are arguably felt most directly through extreme events. Being able to directly attribute the role climate plays in natural catastrophes can help us better prepare for disasters to come, while driving home the need to tackle greenhouse gas emissions.
The tech industry is playing a growing role in fighting climate change, from zero-carbon commitments to investments in startups and pushing for the use of data to encourage energy efficiency.
Why it matters: Big Tech is already dominating our economy, politics and culture. Its leadership in helping to address climate change — and reckon with its role in contributing to it — could have similarly transformative impacts.
A 4.5 magnitude earthquake struck the greater Los Angeles area Friday night, per the the U.S. Geological Survey.
The state of play: The quake came as California is already grappling with wildfires suffocating the West Coast. CNN reports that tremors were felt in San Diego, Valencia and the San Fernando Valley area. The Los Angeles Fire Department is warning people to ready themselves for potential aftershocks.
