What the Initial Signs of Climate Success Look Like

It’s easy to see the climate failures all around, from banks watering down their net-zero ambitions to the second term of US President Donald Trump. But the data shows signs of progress. Halting, uneven and not fast enough to be sure, but there’s an undeniable transition afoot.

Today’s newsletter dives into that data and what it means for this year’s climate talks. Plus, EU countries hammered out a deal for its 2040 emissions reductions target after a marathon meeting that went on for over 15 hours.

And don’t miss the three big takeaways from our event in Sao Paulo to get you ready for COP30’s kickoff next week.