The World Economic Forum identifies extreme weather events as a major risk in the short and long term. Meanwhile, SSAB, a Swedish steelmaker, has exited U.S. green steel funding talks, influenced by changing policies under both the Biden and Trump administrations. On the energy front, the International Energy Agency (IEA) foresees a new era for nuclear energy with growing projects and investments. While nuclear power is set to achieve a new record in 2025 and enhance energy security, challenges like costs, project overruns, and financing need attention. Additionally, French nuclear output has soared to a 2019 high, reflecting a broader trend in nuclear energy. In contrast, German wind energy faced a drop, leading to increased oil generation to compensate for the lower wind levels. On the renewable energy front, Copenhagen Infrastructure Partners is supporting an 800MW green hydrogen project in northern Germany. The project aims to start with 400MW of electrolysis capacity and scale up to produce 80,000 tonnes of green hydrogen annually, showing a positive trajectory for renewable energy initiatives.