Our Scans · (SFR.1.00) Climate Action Failure · Weekly Summary

• [New] The invalidation risk for offsets bound for the U.S. state's program remains a barrier in completing deals, with more invalidations potentially on the horizon, as stakeholders made clear at the Climate Action Reserve's carbon markets conference. EcoSystem Marketplace
• [New] If Brooklyn is shut for three days because of flooding, Amazon is unlikely to be affected by the physical risk aspect of climate action. Forbes
• Whilst FIT FOR 55 is an absolute necessity, Governments and policy makers still need to look at and address the risks involved in terms of cohesion, territorial equality - and ultimately the risk of backlash against climate action. Aviation24.be
• UK pension scheme trustees should review how they undertake scenario analysis to ensure that their approach is sufficiently robust to enable them to align their investment strategies with their duties on climate risk and investing in climate action. Pinsent Masons
• There is an urgent need to provide policymakers with realistic assessments of climate risk if we want to see long-term policy and decisive action to accelerate the energy transition. Institute And Faculty of Actuaries
• In West Virginia, 23% of workers are employed in energy-related industries, making climate action feel like an economic threat rather than an opportunity. Climate Cosmos
• Oregon's federally required State Wildlife Action Plan identifies species at risk of extinction or decline due to habitat loss, climate change and other threats. ROGUE VALLEY AUDUBON SOCIETY
• Sustained regulatory focus on ESG issues - such as greenwashing and climate-related disclosures - will continue to create fertile ground for class action risk in 2026. Mondaq
• If US start-ups are avoiding climate language because of political risk, the voluntary action that the UNFCCC relies on may be undermined. youth4planet

Last updated: 19 June 2026