Climate Week in New York is underscoring the gap between ambition and reality. (Semafor)
At the UN climate summit today, countries will unveil updated Nationally Determined Contributions, but only 32 nations (covering about 20% of global emissions) had submitted just a day before the summit.
On the sidelines, natural gas has made a comeback. World Bank officials, Mozambique’s president, and EU energy leaders all argued gas is essential for baseload power and energy security—a message aligned with President Trump’s efforts to push global lenders toward fossil fuel (keep reading 👀).