Climate policy clash in Europe: The European Central Bank plans to penalize loans to high-emission firms by up to 5% from 2027, expanding its “climate factor” to cover credit claims—while critics warn it overreaches and global climate funds saw $84B in outflows in 2025. Heat and wildfire readiness: UK officials face a stark warning as drought and extreme heat worsen, with new reporting showing only 20 Defra staff working on climate adaptation. Wildfire insurance stakes: A new analysis links hotter, drier conditions to more dangerous fire-weather, raising insured wildfire losses across Europe and the knock-on costs for households and insurers. Spy powers with climate backdrop: Germany moves to broaden covert authorities for intelligence agencies, including cyber and sabotage powers—raising governance concerns alongside rising climate risk. Plastic treaty stalls: Talks on a global plastics pollution treaty reportedly released a weaker draft after the 2025 collapse, drawing sharp criticism from environmental groups. Ocean and disasters: The NHC is tracking Invest 92L and 93L in the Atlantic as El Niño intensifies, with potential ripple effects for drought and flooding worldwide. Adaptation and mapping: Britain’s Ordnance Survey is using detailed maps to track climate impacts like flooding and wildfire risk.