Moriah Costa
moriahcosta.bsky.social
Moriah Costa
@moriahcosta.bsky.social
Freelance financial journalist writing about climate change and banking.

Urban sketcher and illustrator on the weekends.

Yet another American in Paris.
BREAKING NEWS: The European Central Bank has just issued a fine of €7.5 million against Credit Agricole for not sufficiently identifying climate risks.
February 13, 2026 at 5:57 PM
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
www.nytimes.com
February 13, 2026 at 3:13 PM
Reposted by Moriah Costa
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
February 10, 2026 at 12:00 PM
So basically going back to what we used to have in major cities like Paris in the 1800s, before industrialization really kicked in.
February 11, 2026 at 10:01 AM
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
February 5, 2026 at 10:54 AM
Reposted by Moriah Costa
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
www.climateandcapitalmedia.com
December 11, 2025 at 3:56 PM
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
www.climateandcapitalmedia.com
December 9, 2025 at 12:05 PM
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
December 2, 2025 at 11:08 AM
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.
www.nytimes.com
November 19, 2025 at 10:04 AM
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
After 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

How the Philippines' central bank is helping financial institutions become climate resilient
Climate change has made flooding worse in the Philippines. Its central bank wants its financial sector to become more resilient and adapt to climate change risk.
greencb.co
October 14, 2025 at 11:39 AM
Reposted by Moriah Costa
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. 🧵
October 10, 2025 at 9:02 AM
Not everyone in Brussels agrees with the EU’s omnibus proposal.
Podcast hosts @moriahcosta.bsky.social & @nixonsimon.bsky.social talk to Finish MEP @spietikainen.bsky.social.

Pietikäinen argues that the proposal to simplify CSRD & CSDDD sits at odds with EU Green Deal climate targets & risks damaging EU competitiveness.

greencentralbanking.com/eu-omnibus-p...
April 17, 2025 at 4:34 PM
It’s challenging to be a journalist these days when everything is about tariffs and you’re trying to let people know about other important climate finance news but you feel like everything not tariff related is getting drowned out.
April 9, 2025 at 5:32 PM
I’m terrified by what’s happening in the US and how complacent everyone seems to be. Where are the protests? Where are the objections? Please tell I’m wrong and people are actually fighting this. www.nytimes.com/2025/03/20/w...
‘This Is Worse’: Trump’s Judicial Defiance Veers Beyond the Autocrat Playbook
The president’s escalating conflict with federal courts is even more aggressive than what happened in countries like Hungary and Turkey, experts say.
www.nytimes.com
March 20, 2025 at 8:01 PM
I’ve been following the EU sustainability omnibus proposal closely. It’s technical and confusing so I wrote an explainer for @greencb.bsky.social on what’s happening and why experts are concerned about its impact on climate risk mitigation. greencentralbanking.com/2025/02/26/e...
EU omnibus sustainability proposal: Why experts are concerned
The European Commission is planning an EU omnibus regulation to simplify many of the corporate sustainability reporting requirements. The omnibus proposal
greencentralbanking.com
February 26, 2025 at 9:51 AM
I love oysters. Now I have even more reasons to love them. www.noemamag.com/a-climate-so...
A Climate Solution On The Half Shell | NOEMA
Oysters can feed a growing planet while protecting our coastlines, but only if we help them first.
www.noemamag.com
February 26, 2025 at 9:39 AM
Reposted by Moriah Costa
Around 95% of countries have missed a UN deadline to submit new climate pledges for 2035, @carbonbrief.org analysis shows www.carbonbrief.org/analysis-95-...
Analysis: 95% of countries miss UN deadline to submit 2035 climate pledges - Carbon Brief
Around 95% of countries have missed a UN deadline to submit new climate pledges for 2035, Carbon Brief analysis shows.
www.carbonbrief.org
February 10, 2025 at 9:42 AM
The USAID shutdown will have far reaching consequences on the worlds climate change mitigation efforts grist.org/politics/usa...
How Trump's USAID shutdown threatens the world’s climate goals
USAID was a key player in renewable energy and disaster protection around the world — until Elon Musk showed up.
grist.org
February 10, 2025 at 7:59 AM
I spoke with the head of the European Central Bank’s climate change centre about the importance of banks accounting for climate change risk and the central bank’s plan to continue its work with the NGFS. greencentralbanking.com/2025/02/04/i...
No plans to back out of climate risk work or NGFS, says ECB climate head
The ECB has no intention of backing down on its work around climate change risk or global cooperation, said Irene Heemskerk, head of the ECB’s climate change centre.
greencentralbanking.com
February 5, 2025 at 10:48 AM
Reposted by Moriah Costa
Despite the recent cold in the USA, and the presence of a (weak) La Niña in the Pacific, January is on track to be the warmest January on record. 😬
January 28, 2025 at 6:24 AM
Some good news to start the weekend.
January 24, 2025 at 2:51 PM
Reposted by Moriah Costa
Today’s Daily Cartoon, by Matt Reuter. #NewYorkerCartoons
January 23, 2025 at 9:08 PM
Drawing strangers on the metro to distract myself from current events.
January 23, 2025 at 9:11 PM