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Scorched Earth

Programming Note: In addition to this monthly newsletter, Kate and Tim are regularly publishing dispatches and putting out podcasts, which you can find at thepolycrisis.org. This summer’s heat waves...

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Dawn of the Electric World Order

Programming Note: Kate and Tim are out with a brand new Polycrisis podcast that maps out how the transition to clean energy is upending the world order. Season one and a bonus season on shockwaves...

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Against Carbon Shock Therapy

Two months into the US-Israeli war on Iran, fifty-nine countries attended the first high-level conference on transitioning away from fossil fuels. The attendees who gathered in Santa Marta, Colombia,...

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Soy Republics

Early this year, in the Brazilian Amazon, a coalition of fourteen indigenous groups rose up against a government decree that planned to privatize the waterway between Itaituba and Santarém—two towns...

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Battlefield Amazonia?

Last November marked the first COP summit to take place in the Amazon rainforest. Naturally, the question of how to preserve tropical rainforests was near the top of the agenda, with all manner of...

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Meridional

A new monthly newsletter on Latin America’s political economy.In 2020, the late Bruno Latour remarked that “Brazil is today what Spain was in 1936, during the civil war: it is where everything that...

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COP30 Without the USA

At the Polycrisis, we’ve been charting the shifting relationship between climate policy and geopolitics. We have been especially interested in two shifts. The first is the mainstream recognition that...

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Plastic Planet

The Polycrisis has always taken an interest in fossil fuels. We have written about how the industry has shaped international climate diplomacy and liberal politics. We’ve looked at the dynamics of the...

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Mexico’s Big Green State

At Claudia Sheinbaum’s first State of Affairs speech, the President announced the passage of fourteen new energy sector laws after only eleven months in office. Sheinbaum’s series of reforms mark a...

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Steel Politics

In April of this year, the UK Parliament was recalled for an emergency session—the first of its kind since the 1982 Falklands War. Parliament was summoned to vote on urgent measures aimed at...

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The Anti-Climate Common Sense

Climate action in the US has lately suffered a series of disorientating reversals and is under vertiginous assault. Across the 2010s and into the 2020s, climate advocates successfully connected...

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The Belt and Road 2.0

Chinese firms are going out. As the US withdraws from green tech industries and pressures its allies to follow suit, Chinese firms are stepping in to power the developing world’s green transition. A...

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An Environment for Business

Since the thirty-four industrialized countries signed the Kyoto Protocol in 1997, the idea of buying and selling carbon emission rights—the so-called carbon market—has been the main strategy of the...

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Insurance in the Polycrisis

In April, a senior European insurance executive warned in a viral LinkedIn post that climate change threatened his industry’s existence and, in turn, capitalism itself. “Flooded homes lose value....

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Sacrifice Zones

Since Donald Trump announced in July that the US would impose 50 percent tariffs on Brazilian imports, there has been much speculation about the future of Brazil’s foreign trade, both with China and...

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The Private Sector at Seville

Ten years after the 2015 Addis Ababa Conference on Financing for Development, the finance development doctrine of “Billions to Trillions,” popularized by the World Bank, is alive and kicking. At the...

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The Welfare State and Its Discontents

Ajay Banga, the World Bank Group’s president, has a favorite line: “Poverty is a state of mind.” It was in his speech at the IMF/World Bank Annual meeting last October, and he repeated it at the...

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Who’s Afraid of a Fair Debt Architecture?

The fourth Financing for Development Conference officially kicked off in Seville this Monday, as world leaders gathered with broad smiles to congratulate one another for the good work already...

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Dispatch from Seville

Multilateralism might be broken, but it is not dead yet. Or so we should conclude from the multilateral negotiations ahead of the fourth edition of the UN Financing for Development conference, about...

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Energy and the One Big Beautiful Bill

As US policymaking has ground against fiscal rules with increasing frequency since 2008, the “budget fight” has become an existential trial of each successive presidential administration. This spring,...

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