Hello hello! Your editor here (yes, really the human behind the whole thing 😄). Thank you so much for reading TME! 🎈

In those days when it feels harder to keep hopes and optimism high, I look for things to cheer me up, like good news on climate across the world, inspiring people doing inspiring things, or dog videos. Yes, dog videos. Try. Anyway, today I came across a podcast with no one less than Jane Goodall called Hopecast. Right now, I cannot think of anything that would cheer me up more than listening to this magnificent woman talk to her guests in a podcast named HOPEcast. 💛

Extraordinary Jane (April 1934 - October 2025)

Enjoy your read!

LAST WEEK AT A GLANCE

🗞 LEAD STORY

Zaragoza is 2028 European Green Capital and Benidorm and Estarreja share the Green Leaf: the EC rewards urban climate work as the Nature Restoration Regulation's urban targets come into view

Alexander Gresbek via Pixabay

At a ceremony in Guimãraes, the European Commission named Zaragoza (Spain) the 2028 European Green Capital with a €600,000 prize, and Benidorm (Spain) and Estarreja (Portugal) the 2028 European Green Leaf winners with €200,000 each. Twenty-seven cities applied; a jury including the European Environment Agency, the Covenant of Mayors and the European Environmental Bureau assessed them across air quality, water, biodiversity and green areas, waste and circular economy, noise, climate mitigation and climate adaptation.
The jury cited Zaragoza's long-term governance work on water scarcity and heat, Benidorm's management of mass tourism against environmental pressure, and Estarreja's collaborative shift beyond its heavy-industrial past. The awards sit inside the operational context set by the Nature Restoration Regulation, which commits member states to no net loss of urban green space and tree canopy by 2030, with net gains thereafter: the Green Capital and Green Leaf process has quietly become the EC's pre-screening mechanism for cities whose urban-greening and adaptation records make them credible delivery partners for that mandate.

A separate Eurobarometer release the same day showed EU Ecolabel recognition rising to 46% of surveyed EU residents (25,566 respondents), up from a lower baseline in 2023, with 81% believing Ecolabel products have lower environmental impact. The scheme now covers 121,083 products under 3,665 licences as of September. Taken together, the two 8 October announcements signal the Commission is leaning harder on the voluntary and reputational levers of its environmental policy architecture while the mandatory half (CSRD, SFDR, EU Green Bond Standard, pending Climate Resilience Framework) remains in simplification mode.

Why it matters: cities, consumers and labels are where the EU's next environmental enforcement is being staged while the heavier regulatory file is paused. Sustainability teams working on local-authority partnerships or product claims should treat the 8 October signals as a shift in where credible EU attention actually sits this autumn.

⚖ REGULATORY AND POLICY WATCH

EFRAG's draft XBRL taxonomy and 2026 Datapoints List consultations run in parallel to lock in the digital tagging shape of simplified CSRD reporting

Accountancy Europe's 5 October sustainability update collected the two live EFRAG consultations that will decide the digital reporting file format of the revised ESRS. The draft XBRL taxonomy is open for public consultation until 11 November 2026, replacing the never-mandated August 2024 taxonomy and expressing every ESRS datapoint as an XBRL concept for machine-readable submission. In parallel, EFRAG's 2026 Draft Datapoints List is open for fatal-flaw review until 23 October 2026; it is the human-readable reference that pins down which datapoints survived the Commission's 3 July 2026 revision of the standards, which were themselves published in the Official Journal on 21 September. EFRAG plans to hand the final taxonomy to ESMA and the Commission in November 2026 for formal submission by year-end, with ESMA then developing Regulatory Technical Standards and the Commission adopting a Delegated Act amending the ESEF rules.

Why it matters: digital tagging is not mandatory yet, but these two consultations fix the technical surface area that CSRD preparers, auditors and software vendors will spend 2027 wiring up, and the organisations that comment now will shape what the first simplified reporting cycle actually feels like at the keyboard.

EU adopts uniform operating rules on ammonia, nitrogen and phosphorus emissions from large pig and poultry farms, phasing in 2030 to 2032

The Commission adopted an implementing decision on 8 October setting minimum operating rules for large pig and poultry installations under the revised Industrial and Livestock Rearing Emissions Directive (Directive 2010/75/EU as amended by Directive 2024/1785). Member states may register large farms rather than require full IED permits, and smaller farms get proportionate techniques and emission limits. The rules apply from 2030 to 2032 depending on farm size, cover ammonia emissions to air and nitrogen and phosphorus excretion, and set operational measures for manure handling, feeding management and animal housing. Farmers choose which techniques to use provided they meet the stated performance; non-listed techniques are allowed where member states validate scientifically that they perform equivalently.

Why it matters: livestock is the largest single source of EU ammonia emissions and a material Scope 3 line for every food and beverage reporter inside the GRI pilot, so uniform minimum standards (rather than 27 national variants) finally give agri-input, feed and dairy value chains a comparable compliance baseline to work against.

📬 MARKET & CORPORATE MOVES

SBTi-validated corporate climate targets breach 12,000 as near-term FI criteria get extended indefinitely

Carbon Pulse reported on 2 October that the Science Based Targets initiative's running count of companies with validated science-based targets had risen roughly a third year-on-year to over 12,000, extending the trajectory the SBTi Trend Tracker (31 December 2025 cut: 9,764 validated) set out in April. Growth continues to concentrate in Asia (fastest-growing of the three major regions in 2025 at 53%), Industrials remains the heaviest sector, and the share of validated corporates with explicit net-zero targets has moved from 33% to 40% year-on-year. Separately, on 8 October the SBTi confirmed the Financial Institutions Near-Term Criteria will continue without an end date, keeping both the FI Net-Zero Standard and the Near-Term Criteria available while the broader framework stabilises; the change responds to signatory feedback on sequencing. The two signals together narrate a cadence shift inside SBTi: the volume is on the real-economy side, the methodology work is on the financial side.

Why it matters: 12,000 validated targets is now large enough to behave like index membership, so losing or missing SBTi validation is becoming a visible market signal in a way it was not when the population was 2,000, and the FI criteria extension lets banks and asset owners keep using what they already have while version 2 lands.

Sources: SBTi · SBTi Trend Tracker

Ricoh launches a circular manufacturing model that cuts newly sourced materials in some printers from 76% to 21%

Ricoh and the European consortium ETRIA announced a “Circular New” model on 6 October that reuses components recovered from products already in the market to build new ones. Across the first eligible A3 monochrome printer lines, newly sourced material use falls from about 76% to as little as 21%, with the balance from recovered parts and verified secondary materials. Ricoh projects a product carbon-footprint reduction of up to 25% from localising production between Japan and France, with the ETRIA partnership running the European collection and verification side. The model is pitched as a template Ricoh will extend across other product lines rather than as a one-off marketing SKU.

Why it matters: a 55-percentage-point swing in virgin material intensity, on a mass-market B2B product, is the kind of specific operational number the revised ESRS circular-economy datapoints are built to capture, so the Ricoh model is also a leading indicator of what a credible E5 disclosure will look like under simplified reporting.

🤖 AI & SUSTAINABILITY

IEA projects 5.4% annual electricity demand growth in Southeast Asia to 2030, with data centres among the fastest-rising loads

The International Energy Agency published its Southeast Asia electrification outlook on 6 October, projecting 5.4% annual electricity demand growth across the region from 2026 to 2030, driven by cooling, industry and data centres. Executive Director Fatih Birol framed the finding against an increasingly uncertain global energy landscape, calling for faster investment in generation, grids and system flexibility if the region is to electrify without widening the fossil-fuel dependency it is trying to shrink. AI-focused facilities are the fastest-rising load segment named, pushing the regional capacity queues toward on-site generation and renewables PPAs along the pattern already visible in Ireland and the UK.

Why it matters: Southeast Asia's electricity trajectory is now coupled to AI compute siting in a way that was speculative a year ago, and the region's power procurement decisions over the next three years will materially shape how much of global AI's emissions footprint lands on coal.

Torch Systems closes an 11.5 million US-dollar raise to put solar-powered edge AI on the physical infrastructure the energy transition still cannot see

US startup Torch Systems closed a $11.5 million round on 7 October (9.5 million US dollars equity, 2 million US dollars venture debt) to scale its solar-powered TerraNode monitoring devices, which pair cameras and environmental sensors with on-device AI for continuous observation of renewable-energy, grid and distributed-infrastructure sites. Co-founder Vasya Tremsin pitched the gap: most of the digital world is already instrumented, but the physical infrastructure the energy transition relies on, including transmission corridors, solar farms and substations, “still goes unwatched”. The product sits in a growing cohort of AI-for-sustainability picks that return compute to the edge, trade cloud centrality for lower energy intensity, and give operators data the TNFD and TCFD scenario work has otherwise had to model.

Why it matters: edge AI deployed against physical sustainability infrastructure is the quietly productive half of the current AI story, running against the data-centre load headlines that have dominated the brief for most of 2026.

🔆 IN THE SPOTLIGHT 🔆

A new section: each issue, one purpose-driven project that deserves more visibility.

Today featuring: The incredible Climate Academy Programme

Founded by Matthew Pye, philosophy teacher and author.

The Climate Academy is a 3-pillar, unique, systems-informed approach to climate education.

It offers everyone in the world a fresh, systems-informed approach to climate thinking and action. Supported by 16 chapters of in-depth science and social analysis and with a unique certification system, the programme teaches how to think about the climate crisis in larger systems terms and empowers action for true agents of change in their own communities.

·· Your turn! ··

Know a startup, community, tool or initiative that deserves the spotlight? Hit reply with the name, a link and one line on why it’s awesome.

🥳 EXCELLENT NEWS

Aga Khan Foundation launches a 500 million US-dollar ten-year initiative to restore the Indian Ocean and turn ecosystem repair into livelihoods across six countries

On 5 October, the Aga Khan Foundation announced ReGeneration, a ten-year initiative to raise 500 million US dollars across six Indian Ocean countries for ecosystem restoration, sustainable fisheries, regenerative agriculture, mangrove protection and clean-energy integration, with a shared design principle that each restoration site must also carry a credible livelihood pathway. The initiative builds on a 100 million euro declaration signed with Agence Française de Développement in May 2026 and will route through local civil-society partners rather than central programme offices.

🤔 PROMISE KEPT?

Google's 2020 pledge: operate on 24/7 carbon-free energy across every data centre and office by 2030

On 14 September 2020, then-CEO Sundar Pichai committed Google to operate on 24/7 carbon-free energy, matched hour-by-hour on every grid where it operates, by 2030, calling it the company's most ambitious climate target yet. The 2025 Environmental Report disclosed that total greenhouse-gas emissions had risen 13% year-on-year and about 51% against the 2019 baseline, driven primarily by AI-infrastructure build-out and supply-chain scope-3; carbon-free energy on a 24/7 basis averaged 64% globally across data centres and offices, with several European and American regions above 90% and others well below. Google now describes the 2030 target as something to pursue through geothermal, long-duration storage, clean hydrogen and small modular nuclear, and Business Green reported in July 2025 that Chief Sustainability Officer Kate Brandt admitted the goals were “getting harder” to meet. The target remains on the page; the mechanism to deliver it hour by hour by 2030 does not.

🟡 Verdict: missed and restated

🔧 TOOL OF THE WEEK

En-ROADS, the pull-the-levers climate simulator from Climate Interactive and MIT Sloan

En-ROADS is a free, in-browser climate simulator built by Climate Interactive and the MIT Sloan Sustainability Initiative. You pull sliders for carbon pricing, electrification of transport and buildings, renewables, nuclear, methane abatement, deforestation, carbon removal and population, and the model recomputes global emissions, energy mix and 2100 temperature in real time; every lever is sourced to a peer-reviewed assumption, and every default is documented.

­­­­·· This Week’s Specials ··

🤞 CAREERS

Climatebase. An open, no-paywall climate-careers platform that lists active roles across climate tech, policy, finance, research and non-profit work, with free alerts filtered by role type, geography and remote-anywhere flag. Climatebase also runs a weekly digest and the Climatebase Fellowship for mid-career switchers, so job seekers can treat it as both a board and a soft-landing pipeline.

🤙 RECS

Earth. BBC Studios, 2023, five episodes narrated by Chris Packham. A geological biography of the planet that uses palaeoclimate and deep-time storytelling to make the current climate transition feel structurally continuous with Earth's own experiments in habitability, rather than apocalyptically singular.

🖐 FIVE MINUTES WELL WASTED

Global Forest Watch. World Resources Institute's free, open interactive map of global forest change, built on near-real-time Landsat and Sentinel imagery with layered datasets on tree-cover loss, fires, concessions, and Indigenous and community lands.

🤌 THE JARGON WATCH

“Transition finance” is the label lenders and asset managers use for funding a high-emitting business toward a credibly lower-carbon future rather than divesting; the trouble is that credibly has no shared definition. ICMA's Climate Transition Finance Handbook and the EU Platform on Sustainable Finance each draw the perimeter differently, so the label equally covers a steelmaker switching to hydrogen and a utility sweating coal assets through 2040. With SFDR 2.0 heading into trilogue in Q4 2026 and ESMA's 2027 Work Programme naming the topic as a supervisory priority, the term is about to carry a lot more legal weight than its definitional slack can bear.

Hey! Before you go!

My team and I (which is composed of me and myself) would love to hear your feedback! Here’s what people wrote me:

- I don’t even like newsletters, but this one is cool. - (Yay! Cool is great!)

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See you next Monday! 🙌