Welcome to Storyflo Daily Climate. I'm Clara.

Today's briefing is packed with crucial news and insights for climate practitioners, policymakers, and investors worldwide. Let's dive in. **1.** The UN climate process needs to shift from "implementation" to "ambition." Bill Hare, CEO of Climate Analytics, emphasizes that the Paris Agreement demands regularly increasing ambition from countries to tackle climate change. As Hare notes, this is not just about fulfilling existing commitments but about surpassing them to avoid catastrophic climate consequences. (Source: Climate Home News) **2.** Brazilian lawmakers aim to position the country as a strategic producer of rare earths, which would help meet global demand and position Brazil as a key player in the clean energy transition. This move could also help reduce China's dominance in the production of clean technology components. However, environmental concerns and Indigenous rights groups have raised concerns about the environmental and social impacts of large-scale mining. (Source: Climate Home News) **3.** Climate Home News reports that the Turkish and Australian governments have unveiled three headline goals for the upcoming COP31 summit: electrification, waste, and buildings. The "35 by 35" goal aims to increase the share of final energy consumption provided by electricity to 35% by 2035 from about 20% today. This would accelerate the transition to cleaner energy and improve energy security. (Source: Climate Home News) **4.** The Bonn climate talks, which are taking place amidst intense global geopolitics and an oil and gas supply crisis, are under pressure to prove their worth in supporting climate action at scale. Kaysie Brown, associate director at E3G, emphasizes that the talks must show that the multilateral system can drive durable and resilient climate action. (Source: Climate Home News) **5.** As competition for critical minerals intensifies, countries are resorting to stockpiling, which could drive up the costs of the energy transition. Research has warned that this approach could delay the roll-out of clean energy projects and undermine their financial viability. (Source: Climate Home News) **6.** A report by 12 environmental NGOs highlights the devastating impacts of new offshore oil and gas infrastructure on marine ecosystems worldwide. The report warns that oil and gas expansion is advancing despite existing legal protections, threatening the health and future of our shared ocean. (Source: Climate Home News) **7.** Sen. Sheldon Whitehouse has been relentlessly calling out Big Oil and the fossil fuel industry for their climate denials and obfuscations. His recent Senate floor speeches emphasize that climate change is real and that it's imperative to address this crisis with urgency and action. (Source: Heated) In conclusion, today's climate briefing highlights the imperative for accelerated climate action at scale. The need for regularly increasing ambition, the importance of electrification, and the urgent need to transition away from fossil fuels are just a few of the critical themes emerging from the news. As the global community gears up for COP31 and the Bonn climate talks, it's essential to stay focused on delivering a resilient and effective climate response.