Moriah Costa
@moriahcosta.bsky.social
Freelance financial journalist writing about climate change and banking. Editor-in-Chief at Green Central Banking. Urban sketcher and illustrator on the weekends. 📍Paris
Britain's new PM handed the Treasury to the ex-Defence Secretary, not climate champion Ed Miliband. The money tells the same story: 3.5% of the GDP going to defence by 2035, and only 0.5% to net zero. https://greencentralbanking.com/2026/07/22/in-the-uk-the-treasury-chooses-defence-over-climate/
JP Morgan is one of the first banks to call climate tipping points an immediate cash-loss risk. But its report never mentions fossil fuels, a sector it put $192bn into in 2024. https://greencentralbanking.com/2026/05/14/jp-morgan-becomes-one-of-the-first-banks-to-look-at-climate-tipping-points/
Not only are data centers increasing electricity and water demand, it seems they could also increase the outside temperature. This was a study done with just two data centers in Uruguay. The impact of AI is only going to make this worse. amenazaroboto.com/the-heat-beh...
The Heat Behind The Cloud
Twenty-five years of satellite imagery reveal that the Antel data center in Pando generates a heat island visible from space. Eleven kilometers away, Google is building another center several times bi...
amenazaroboto.com
Fintech companies are finding loopholes in bank charter rules to become banks without being regulated by the Federal Reserve www.thestreet.com/personal-fin...
Buy now, pay later company wants to become a bank
And it's found a loophole to do so without being supervised by the Fed
thestreet.com
AI tools might mean you’re paying more at the gas station. www.thestreet.com/retail/walma...
Walmart, Albertsons, other retailers accused of inflating gas prices
A civil lawsuit is seeking compensation for what it claims is an illegal fuel pricing practice.
thestreet.com
I don’t think anyone is surprised that you spend less and do less when it’s hot out. The Banque de France just did a study showing how heatwaves do in fact lead to less lending. In other words, the heat waves of today might mean less money in your pocket tomorrow.
Green Central Banking@greencb.bsky.social · last mo.As Europe faces its third heat wave of the summer, bank lending is likely to go down. A working paper from the Banque de France finds banks lend less during heatwaves. #climate #climatechange #heatwave
US fintech firms are still cutting staff to make room for AI www.thestreet.com/employment/f...
Another major fintech firm cutting 10% of its workforce
The fintech job-cutting spree isn't over yet.
thestreet.com
We want to hear from you! 📣 Take a few minutes to complete our reader survey and tell us what issues, stories, and topics matter most to you. 📝 Take the survey: https://www.surveymonkey.com/r/BC7KSVM Thank you for helping shape the future of our reporting.
2026 Reader Survey
Take this survey powered by surveymonkey.com. Create your own surveys for free.
surveymonkey.com
If you’re suffering this week from the heat, you can blame climate change. www.bbc.com/news/article...
Why temperature records are being not only broken but smashed
The combined effects of a heat dome and climate change have brought extreme warmth to western Europe.
bbc.com
England must harvest rainfall and take action on water usage, Lords warn - Without urgent intervention England faces water shortages of 5bn litres a day by 2055, peers tell government #climatecrisis www.theguardian.com/environment/...
England must harvest rainfall and take action on water usage, Lords warn
Without urgent intervention England faces water shortages of 5bn litres a day by 2055, peers tell government
theguardian.com
This report on how democracy really dies is alarming when you look at current modern trends. www.nytimes.com/2026/05/18/w...
Actually, Democracy Dies in H.R.
nytimes.com
Me the 10% of the time I’m not reporting or on my phone. Happy Sunday!
The number of EU data centers are increasing but we have no way of knowing their environmental impact thanks to lobbying which has made this information confidential. www.investigate-europe.eu/posts/big-te...
How Big Tech wrote secrecy into EU law to hide data centres’ environmental toll
Environmental footprint of Europe's data centres kept secret after industry lobbying in a move legal experts warn could violate transparency rules.
investigate-europe.eu
NEW – Analysis: Record wind and solar saved UK from gas imports worth £1bn in March 2026 ✍️ @drsimevans.carbonbrief.org Ho Woo Nam Read here: buff.ly/wFGUgMU
AI is not only increasing the risk from climate change, but they could also be hit from the insurance gap crisis which has been caused largely by the climate change crisis, according to the FT. giftarticle.ft.com/giftarticle/...
Lenders struggle to find insurance cover for mega data centre projects
Lack of sufficient cover means some investors are walking away from deals
giftarticle.ft.com
Clean energy is the best bet against energy shocks greencentralbanking.com/2026/03/09/c...
'Clean energy, not LNG' is Asia’s best hedge against energy shocks
The US-Israeli war on Iran has once again shown how exposed the region is to LNG supply shocks. Experts say renewables are a better bet to curb price volatility.
greencentralbanking.com
BREAKING NEWS: The European Central Bank has just issued a fine of €7.5 million against Credit Agricole for not sufficiently identifying climate risks.
As a climate and financial journalist, I find it appalling that one can dismiss decades of research just like that, without any indication or proof that the work is inaccurate. www.nytimes.com/2026/02/12/c...
Trump Administration Erases the Government’s Power to Fight Climate Change
nytimes.com
After several years of issuing guidance and repeatedly calling on banks to take climate and environmental risk management seriously, the @ecb.europa.eu is moving from guidance and expectations to enforcement, says Michael Horvath. greencb.co/4cfxJBi
ECB’s green supervision grows teeth, but will banks avoid being bitten?
Now the ECB has started issuing fines for failing to address climate risks, it's up to banks to respond to this more robust supervision, says Michael Hovarth of PwC.
greencb.co
So basically going back to what we used to have in major cities like Paris in the 1800s, before industrialization really kicked in.
David Ho@davidho.bsky.social · 6mo agoAgrihoods reimagine urban living by putting food, not cars, at the center of the community. 👀
Climate scientists have been saying for years that economic models used by economists don’t take into account the real risks from climate extremes. Researchers hope to help lower that gap by expanding on solutions for how to go beyond just GDP. greencentralbanking.com/2026/02/05/e...
Economic models need to go beyond GDP to account for climate change
Modelling needs to incorporate wider factors such as mortality and capital loss to better anticipate climate impacts, say researchers.
greencentralbanking.com
Elon Musk’s xAI Colossus 2 will burn enough gas to power nearly half of Memphis daily & pump 2,000+ tons of NOx into the air, according to @selc.bsky.social. Residents call it environmental injustice in real time👇 www.climateandcapitalmedia.com/musk-mugs-me... #AI #EnvironmentalJustice
Musk mugs Memphis again, with xAI’s Colossus 2 data center
World’s largest AI facilities give Boxtown headaches with tons of air pollution, huge water usage, and massive energy demand
climateandcapitalmedia.com
Looking for some gifts for a climate change skeptic or want to read a climate book that’s not all doom and gloom? Check out @climateandcap.bsky.social end of year book recommendations www.climateandcapitalmedia.com/the-best-cli...
The best climate books to give and read over the holidays
Fiction and nonfiction picks (some quite uplifting) for closing out 2025
climateandcapitalmedia.com
More and more lawsuits are happening in the US over California’s climate disclosure rules. In the latest development, the court has paused one of those rules but lawyers warn the pause likely won’t last long. greencentralbanking.com/2025/12/01/u...
US appeals court pauses California’s disclosure rules
The ninth circuit court of appeals paused a rule requiring large companies operating in California to report on business risk from climate change.
greencentralbanking.com
What struck me the most when reading this article is how clean lead recycling is possible, but the one company doing it in Nigeria went bankrupt because its expensive. At what cost do we become green? www.nytimes.com/interactive/...
The Auto Industry’s Lead Recycling Program is Poisoning People
We documented the toxic fallout of a green technology.
nytimes.com
The Philippines is the most at risk from natural disasters and climate change is going to make it worse. I spoke to the Philippines central bank about what they are doing to try and make their financial sector more resilient to climate change
Green Central Banking@greencb.bsky.social · 10mo agoAfter the East & SE Asia Green Central Banking Scorecard launch, Bangko Sentral ng Pilipinas’ Pia Tayag spoke to GCB's @moriahcosta.bsky.social 🇵🇭 The Philippines is facing disasters from climate change & BSP is working to make its financial system resilient to the risk
Frank Elderson cautioned that “excluding too many firms from the #CSRD could impair the availability of comparable information about important parts of our economy.” That’s why we’re revisiting a year of @greencb.bsky.social coverage on the EU’s proposed sustainability omnibus reforms. 🧵
