Jeff Bezos' climate philanthropy on Monday pledged $1 billion for conservation and biodiversity, with the first grants beginning later this year focused on the Congo Basin, the Andes region and the Pacific Ocean.
Driving the news: The money will be used to "create, expand, manage, and monitor protected and conserved areas," according to the announcement.
About 5,000 people, including 500 tourists, on the Spanish island of La Palma, have been forced to evacuate after a volcano, known as Mount Cumbre Vieja, erupted Sunday, Reuters reports.
Driving the news: The explosion, which took place in a southern area of the island known as Cabeza de Vaca, came after several weeks of seismic activity, with authorities recording an earthquake of about 3.8 magnitude before the eruption.
The White House announced a slew of actions Monday, including the start of a rule-making process at the Occupational Safety and Health Administration (OSHA), to protect American workers from extreme heat.
Large real estate companies are putting $140 million into a climate tech fund that aims to help decarbonize the sector, according to an announcement Monday morning from the venture firm Fifth Wall.
Why it matters: The funding round, which includes some of the largest players in the industry, signals growing momentum toward backing new technologies needed to slash carbon emissions to net-zero by midcentury and achieve negative emissions thereafter.
Two new reports show the gap between multilateral climate goals and what's actually happening.
Driving the news:OECD data shows developed economies are falling short of a 2009 pledge to mobilize $100 billion annually by 2020 to help developing nations cut emissions and adapt to warming.
High-level talks in New York City and Washington this week will provide more signals about what might get done — or not — at the critical United Nations climate summit this fall.
Driving the news: British Prime Minister Boris Johnson and U.N. Secretary-General António Guterres will convene a closed-door gathering of leaders Monday morning on the sidelines of the U.S. General Assembly.
This week will showcase how more big companies are taking steps to cut emissions — and why corporate pledges only go so far.
The big picture: It's Climate Week. That's the annual New York City event that brings together businesses, governments and activists for speeches, symposiums and pledges. The event typically serves as a venue for corporations to announce their latest efforts, and that's already starting.
The newly formed Coalition for Urban Innovation consists of 14 companies and nonprofits "dedicated to advancing federal policies that make our cities more sustainable and equitable through technology and innovation."
Why it matters: With the infrastructure bill still a congressional work-in-progress, the group aims to tilt money and policy toward smart infrastructure, energy efficiency, clean energy, reducing the carbon footprint of buildings and the like.
A Norwegian company has come up with a radically different design for offshore wind turbines that could help the world achieve its renewable energy goals.
Why it matters: Wind power is cheap and efficient, but the strongest winds are far offshore, in deep waters, where it’s difficult to drive a turbine into the seabed. Floating wind farms can be anchored farther into the ocean.
Planes used to be the only aircraft crisscrossing the sky. Now there are drones, more frequent rocket ships and — soon — flying taxis, elbowing their way into the National Airspace System.
Why it matters: Managing the congestion up above is becoming an urgent mission for America's traffic cops in the sky. While the Federal Aviation Administration has a stellar safety record when it comes to commercial aviation, its challenge is infinitely more complex today.
North Korea warned of possible "counteraction" if it finds the new U.S. deal to provide nuclear-powered submarines to Australia is a threat to its security, per a statement published by the state-run KCNA news agency Monday.
Details: The North Korean Foreign Ministry statement said both the U.S. security partnership with the U.K. and Australia, known as AUKUS, and the submarine deal were "extremely undesirable and dangerous acts which will upset the strategic balance in the Asia-Pacific region and trigger off a chain of nuclear arms race."
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