The London School of Economics (LSE) has published the Transition Pathway Initiative (TPI) report “State of the Banking Transition 2026,” in which it assessed 36 of the world’s largest banks. The main conclusion: banks have not simply slowed climate activity — some are fully abandoning previously made commitments. What the Report Showed For the first time since 2019, none of the 26 banks assessed over the past three years has set new climate targets. The average score on the “net-zero commitments” component fell from 33% in 2024 to 22% in 2026. Half of the banks weakened disclosure on at least one of the indicators. Reasons for the Retreat US political […]

Nearly 1,000 people have already been detained across France, Interior Minister Laurent Nunez said. Here’s what’s known about the protests in the country as of now: Many cases of looting were prevented. Though some did occur, they don’t compare to the riots of October 17. There were also no attacks on town halls or police stations; In Marseille, two jewelry stores were looted, a police source told BFMTV. According to the General Confederation of Labor, about 100,000 people took to the streets there; official figures put the number at 17,000; In Clermont-Ferrand, one person was injured during the protests — he suffered a hand injury, though how he got it […]