A quiet disruption to the established financial order is underway: Around the world, institutions are pulling their investments out of fossil fuels. Climate activists campaigning for divestment suggest that such economic rearrangements might keep oil, gas, and coal in the ground, curbing carbon emissions. In parallel, some high-profile advocates call for reinvestment in renewable energy. But can the financial sector really drive the structural changes needed to address climate change—and, more fundamentally, climate justice? 

Its name conjures an image of vivid deep blues. But when cobalt is dug out of the ground in ore form, there’s barely a hint of the rich hue it lends its name to. In the Democratic Republic of the Congo, which produces more than half of the world’s supply, it takes the form of heterogenite, a dull brownish mineral that could easily be mistaken for small clods of dirt.

But people die for this mineral. Children suffer for it. Livelihoods, educations, neighborhoods, environments and personal safety are sacrificed for it.

At the September 2019 United Nations General Assembly (UNGA) Climate Summit, the U.S. delegation, under the shadow of intended withdrawal from Paris, did not volunteer a speaker. Attention instead focused on China. As the world’s largest carbon emitter, China was poised to assert leadership on the climate crisis.  However, perhaps lacking the sibling rivalry pressure that brought the U.S. and China together in 2014 on a joint climate agreement, State Councilor and Foreign Minister Wang Yi offered no new commitments: no carbon tax, no increased investment in renewables, and no announcement to set a more ambitious coal consumption cap.

Ignoring environmental laws in Timor-Leste to build a petroleum infrastructure project could mean serious problems for communities including environmental destruction, loss of land, and loss of livelihoods. Communities are already facing some of these problems because project proponents haven’t fulfilled their legal obligations to do extensive environmental research and planning to mitigate any damage to the local environment. The supporters have also failed to meaningfully involve local communities, including interested experts, academics, and civil society groups, in this process.

“Today we face two existential threats: nuclear annihilation and catastrophic climate change,” writes Daniel Poneman, former Deputy Secretary of the Department of Energy, in his book, Double Jeopardy: Combating Nuclear Terror and Climate Change. “Both stem from human origins. We need to fight both threats aggressively.” At a recent event hosted by the Wilson Center, Poneman discussed his book. While the dangers of nuclear energy are clear from incidents like Fukushima and Chernobyl, Poneman proposes policies that aim to encourage a safe, non-carbon baseload power that responds to the Intergovernmental Panel on Climate Change (IPCC) 2018 report and keeps our global temperature rise below 2 degrees Celsius above pre-industrial levels, per the 2015 Paris Climate Agreement.

Rising tensions between Egypt and Ethiopia over construction of the Grand Ethiopian Renaissance Dam (GERD) have led to speculation that there could be a war over water. When completed, the dam will be the largest in Africa. And it will give Ethiopia control over the Blue Nile River, a major source of Egypt’s water.

Oil has played a pivotal role in shaping geopolitics for more than a century. But the rise of electric vehicles and shift toward cleaner fuels means that the world’s dependence on oil could begin to shrink, with both expected and unexpected consequences.

“Action is needed today,” said EcoPeace Middle East’s Palestinian Co-Director Nada Majdalani. EcoPeace’s Palestinian and Israeli Co-Directors spoke at a recent session of the United Nations Security Council that focused on potential solutions to the decades-old Palestinian-Israeli crisis. They emphasized the importance of cooperation over shared water resources to help address human health and national, regional, and global security concerns. While EcoPeace has been working to foster cooperation over water for more than 25 years, as a way to build peace in the Middle East, this was the first time the trilateral organization briefed the Security Council.