In brief | 19 October ‘26

AFP: UN biodiversity summit opens with nature goals off track

Nearly 200 nations kicked off crucial UN biodiversity talks in Armenia as governments face pressure to salvage a landmark nature pact whose goals are slipping out of reach.

Climate Home: Under US pressure, World Bank says it will back gas “where appropriate”

The US wants the World Bank to expand its gas support while climate campaigners are pushing for it to end – its head spoke this week of limited backing for the fossil fuel.

Euronews: ETS splits EU leaders and tests bloc's climate goals

EU leaders are trying to counter soaring energy prices, with some arguing that carbon pricing is hurting the bloc's competitiveness.

Bloomberg: EU carmakers hail deal on emissions that opens door to the UK

Europe’s auto industry welcomed a deal between France and Germany that provides relief for manufacturers grappling with high costs and intense Chinese competition.

Bloomberg: Coal plants in Europe reap windfall as gas prices surge

Soaring natural gas prices have transformed the economics of coal plants in Europe, making them more profitable.

Electrive: Tesla’s plans for Grünheide expansion take shape

According to media reports, the US electric car manufacturer intends to significantly expand its production site in Germany over the coming years - with a new, much larger production hall and additional infrastructure.

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