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US President Donald Trump grabbed the headlines again at the World Economic Forum, launching his “Board of Peace” for Gaza on the final day of the gathering of political and business leaders. But discussions on climate and energy continued below the media radar.

Climate Home New has been listening in – here are some of the best bits.

Occidental boss: Banks “coming back” to oil and gas

Banks which have previously refused to fund oil and gas projects are “coming back” to the industry, an American oil executive told an event at Davos on Thursday.

Vicki Hollub, CEO of Occidental Petroleum, the world’s 28th most polluting company, said in a conversation with US Energy Secretary Chris Wright that “there was a time” when banks shunned her industry. That, she added, had been a “burden”.

“But some of those banks are now coming back – and in fact I talked to one yesterday that had kind of abandoned us and now are back and wanting to do business in the oil and gas industry,” she said, without revealing the name of the bank.

A report by the London School of Economics last year found that many banks weakened their policies against fossil fuel lending in 2025 and the Net Zero Banking Alliance shut down in October 2025, after many – particularly American – banks left the green initiative.

Azeri oil chief says no spare cash for green tech

European investors appear to have been slower to abandon their climate commitments. Rovshan Najaf, president of SOCAR (the State Oil Company of the Azerbaijan Republic), told a separate Davos panel that his company struggles to get financing from most European commercial banks for its oil and gas operations.

As a result, he said, the firm must use its available cash to fund oil and gas projects – “one of the priority areas” – leaving it with little free capital to invest in lower-carbon fuels like green hydrogen and ammonia, or emissions-reducing technologies such as carbon capture or methane abatement.

Recent COP hosts Brazil and Azerbaijan linked to “super-emitting” methane plumes

Unlike renewables and electrification, there is still no commercial case for funding those potential breakthroughs at scale and making them affordable, he added.

“There should be a big picture approach to all energy mixes and how we can free up the capital [for decarbonisation],” he argued.

Najaf promised last year that the firm would achieve near-zero methane emissions in its oil and gas production by 2035. But, as Climate Home News reported recently, the latest data available from SOCAR shows that its methane emissions more than tripled from 2023 to 2024, when the country hosted COP29.

    US promotes fossil gas to “ally” Europe

    One key reason why SOCAR has been investing in more gas production and export capacity is deals with European governments to help replace Russian gas after the invasion of Ukraine in 2022.

    At Davos, Wright praised Europe for being close to independence from Russian gas, saying it could achieve that goal in the next year or two.

    He called for the EU to weaken its environmental regulations on methane – a particularly potent greenhouse gas – to enable American fossil gas to displace Russian supplies.

    Despite President Donald Trump’s recent threats to take over Greenland, which have caused a growing rift with European leaders, Wright insisted Europe is “our main ally in defending the Western world”.

    The US supplies about a quarter of the EU’s gas imports, a percentage which has risen since Russia’s invasion of Ukraine.

    But overall, the EU’s gas imports are declining and are predicted to keep falling, as the continent moves towards clean energy. On Thursday, data published by think-tank Ember showed that wind and solar generated more EU electricity than fossil fuels in 2025, producing a record 30% of EU power, ahead of fossil fuels at 29%.

    “New era of climate extremes” as global warming fuels devastating impacts in 2025

    On climate change, Wright played down the threat, saying that deaths from extreme weather have declined over the last 100 years.

    While floods, droughts, storms and heatwaves are becoming more frequent and intense as the planet warms, Wright is correct in saying they have caused fewer deaths over this long time period.

    This has largely been the result of economic development and, more recently, climate resilience measures of the kind the Trump administration has drastically reduced US funding for.

    The post Climate at Davos: Oil execs bemoan “burden” of bank boycotts appeared first on Climate Home News.

    Climate at Davos: Oil execs bemoan “burden” of bank boycotts

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    Commencement of NSW Forestry assessment a ‘chance to fix a broken system’ and deliver urgent forest protection

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    SYDNEY, Friday 18 September 2026 — In response to the Federal and NSW government’s announcement to commence an assessment of NSW forestry under the new national nature laws, Adele Chasson, Nature Policy Lead at Greenpeace Australia Pacific said:

    “This is the Federal Government’s chance to fix a broken system that has enabled the destruction of NSW’s precious forests for far too long.

    “Native forest logging continues to smash threatened species habitat. In NSW, it is pushing unique wildlife like koalas, greater gliders and glossy black cockatoos towards extinction. The state-owned logging agency has a disastrous record of environmental damage and breaches.

    “The Regional Forest Agreement (RFA) system has failed, allowing the industrial logging of special forests for decades across Australia with no oversight. Thankfully, the Federal Government has started the process to finally remove the logging industry’s exemption from national nature laws.

    “It’s time for the Federal Government to deliver the protection that forests urgently need, and that Australians overwhelmingly want. The Government must ensure a thorough assessment of the devastating impacts of native forest logging in NSW, and establish strong environmental rules that states must follow.

    “These forests have been cared for by First Nations people for tens of thousands of years. They are some of the most biodiverse on the planet, store carbon, clean our air and water. It’s critical we protect them.”

    ENDS

    Media contact:

    Kate O’Callaghan on 0406 231 892 or kate.ocallaghan@greenpeace.org

    Commencement of NSW Forestry assessment a ‘chance to fix a broken system’ and deliver urgent forest protection

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    Furry Little Peach x Greenpeace

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    What happens when a love of marine life meets a playful imagination?

    Sydney artist, illustrator and children’s author Sha’an d’Anthes, better known as Furry Little Peach, has teamed up with Greenpeace to create Happy Ocean Happy Planet: a joyful celebration of the extraordinary creatures that call our oceans home.

    Sha’an felt inspired to create an illustration celebrating the beauty and resilience of marine life. Its hopeful message, A Happy Ocean is a Happy Planet, sparked a special collaboration with Greenpeace and a limited-edition t-shirt designed to help protect the oceans that inspired it.

    The exclusive Furry Little Peach tee is available as a gift to new regular Greenpeace donors who give $30 or more and make at least three donations. By becoming a regular giver, you’ll help Greenpeace campaign for ocean protection.

    Furry Little Peach Sha'an d'Anthes x Greenpeace

    ARTIST INTERVIEW: Sha’an d’Anthes (Furry Little Peach)

    Sha’an shares the story behind the artwork, the local marine creatures featured in the design and why hope can be such a powerful force for action.

    Hi Sha’an! Can you tell us a little about yourself and what you do?

    My name is Sha’an d’Anthes, I also go by the pseudonym Furry Little Peach and I’m an illustrator, artist and children’s author based in Sydney, Australia. I love creating joyful, vibrant and nostalgic art that looks at the world through the lens of childlike wonder.

    What do you love about drawing animals and nature?

    I love all of the different shapes, colour and narrative you get to explore when drawing animals and nature. I’m also a city-slicker these days, and so I think that my work is a sort of escapism (for myself and hopefully for my audience).

    How did the Greenpeace collaboration come about?

    I went to the premiere of David Attenborough’s documentary Ocean, and felt compelled to create something to share the message of the film. This t-shirt is actually based off of that illustration including the tagline in I included when I shared it “A Happy Ocean is a Happy Planet”. I’m so grateful Greenpeace approached me for the project – it was a blast.

    Where did you start when creating the Happy Ocean Happy Planet design?

    The Happy Ocean tee starts the same as all of my work – with a brainstorm/braindump and really loose concept sketches.

    How did you choose the animals for the illustration?

    I actually asked Greenpeace to help me with the research of local marine life and they were so accommodating. They very quickly delivered me a huge list of local species of fish, mammals and coral and I just went through and looked up each creature and curated a little group of sea life that I thought would look sweet together – a mix of sizes, types, colours, textures and shapes.

    What did you use to create the artwork?

    So much of my work is traditional, but when it comes to things like t-shirts I always use digital drawing programs because I like to draw each colour in a separate layer which requires me to jump in and out of layers because it allows me to control colour and printing. When working digitally I always sketch in Procreate (an Australian digital art app), and then with this project I created final art in Adobe Fresco because it called for a vector graphic (an image that can be blown up to any size).

    Do you have a favourite creature in the design?

    I love painting Humpback Whales and always have, but I also have a soft spot for the sweet little Jelly Blubber jellyfish.

    What did you want people to feel when they saw the artwork?

    I specifically wanted to focus on the outcome that all of us want to see – a happy, thriving ocean where creatures are given the time and space to balance themselves. I feel that even when tackling tough subjects, leaning into hope is my natural inclination. As long as we have hope that things can be better, we will continue to take action.

    What was the most fun part of creating it?

    I actually documented the entire process of this project in a studio vlog on YouTube – and you can see how much fun I’m having doing final art jumping between layers and building the image. I had just come off completing final art for two books which are multi-year long projects, so being able to do a project that from start to finish in just a few days was really freeing at the time.

    Watch Sha’an’s Full Vlog

    What does a “happy ocean” mean to you?

    An ocean that given the time and space to repair and balance itself. Something I really took away from David Attenborough’s Ocean is that ocean ecosystems are actually really good at repairing themselves if we just let them do their thing.

    How can people get their hands on the t-shirt?

    The shirt is a reward for regular givers to Greenpeace – those who commit to at least 3 months of donations will receive the tee as a gift. Read about how at http://act.gp/flp-tee

    How is Greenpeace helping to make our oceans happier places?

    They have a deep focus on the health and happiness of our oceans through advocating for the set up of marine sanctuaries, holding big ocean polluters to account and calling for a ban on deep sea mining.

    What are you working on next?

    I will be jumping headfirst into Peachtober – an annual daily art challenge I run each year in October, if there are any artists reading this it’s a great time so please come join! In terms of publications my next picture book The Late Bird will be out in February 2027 (published by Harper Collins US) and then I have an creative activity book for adults coming out next August with Chronicle US and Penguin Australia. Otherwise you can always check out what I’m tinkering away with in my studio on Instagram and YouTube.

    Furry Little Peach x Greenpeace

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    AI giant Anthropic’s first Australian data centre deal an “egregious” example of Big Tech double talk

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    SYDNEY, Thursday 17 September 2026 — Greenpeace Australia Pacific has slammed AI giant Anthropic’s deal for its first Australian site in Queensland’s Western Downs, the heart of coal seam gas country, saying the project will entrench gas and turbocharge climate pollution.

    The expected electricity demand from the data centre site, situated in the middle of the Western Downs coal seam gas fields, is comparable to 1.5 million Australian households. Greenpeace’s report Energy Vampires: The AI data centres draining Australia called for a moratorium on frenzied data centre development until appropriate guardrails are in place.

    Joe Rafalowicz, Head of Climate and Energy at Greenpeace Australia Pacific, said: “This is an egregious example of Big Tech giants being given carte blanche to drain energy and water, and use polluting gas to fuel their hyperscale data centres.

    “AI and Big Tech corporations claim to bring new renewable energy to the grid, while blatantly planning to power their operations with polluting fossil fuels.

    Planning documents show the first stage of this behemoth project could be powered by ‘behind the metre’ gas — the same playbook AI companies have used in the US, leading to a 20% increase in climate pollution from electricity. Now these companies want to bring their cowboy plans to Australia and the Federal Government is allowing it.

    “If they plugged into the local grid, the power required would increase Queensland’s electricity grid emissions by around 6.6 million tonnes — an 18% rise. If they build their own gas-fired power plants, this will drive up Queensland’s emissions even more.

    “Billions of dollars are now pouring into a massive pipeline of proposed new data centres, of unprecedented size, being built at incredible speed across the country. Australians should be worried about the extreme lack of scrutiny being applied to these projects, and the corporations leading the data centre charge.

    “The data centre build-out is happening without the endorsement of the Australian people, yet we are the ones who will pay the price. We can not allow unchecked data centre expansion to derail our renewable energy transition, entrench gas and turbocharge climate pollution — that’s why Greenpeace has called for an urgent moratorium until appropriate guardrails are in place.”

    ENDS

    Media contact: Kate O’Callaghan on 0406 231 892 or kate.ocallaghan@greenpeace.org

    AI giant Anthropic’s first Australian data centre deal an “egregious” example of Big Tech double talk

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