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Climate Realism Special Issue: Climate Week 2025

As the climate world converges on NYC, a look at the issues driving the debate.

A member of the press gets a tour of what will be New York’s new park land at Fresh Kills landfill in Staten Island New York. TIMOTHY A. CLARY/AFP via Getty Images

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This is an excerpt from the Climate Realism Initiative Newsletter. Sign up to receive monthly insights from the initiative’s fellows and staff, including articles, videos, podcasts, events, and more. 

Coming Up: Climate Week 

Climate Week—the annual extravaganza of networking, deal-making, activism, and political messaging that converges in New York City each September—is taking place this year under an unusual level of uncertainty.  

In the United States, clean energy deployment is facing new and potentially debilitating headwinds. President Donald Trump’s administration has slowed or even reversed the permitting process for renewable energy projects and Congress has reduced or eliminated the subsidies that were helping to lift these nascent industries off the ground. Meanwhile, the looming withdrawal of the endangerment finding—the official government recognition that greenhouse gases are dangerous—could imperil the entire ecosystem of federal climate protections.  

Globally, China is pressing its advantage in low-carbon technologies, with sales of its electric vehicles, solar panel components, and other products all soaring. President Joe Biden’s administration worked to challenge Beijing through industrial partnerships with India, South Korea, and other allies. But, under pressure from U.S. tariffs, immigration policy changes, and a renewed emphasis on fossil fuels in Washington, the extent and nature of U.S. competition with China is changing fast.  

Emerging economies have long resisted pressure to choose between China and the United States, hoping instead to maintain healthy diplomatic and economic ties with both major powers. Whether that strategy will survive these rapidly shifting circumstances remains to be seen, and will be a critical subtext to both Climate Week and the eightieth meeting of the United Nations General Assembly happening at the same time.  

One of the rare areas of agreement in both domestic and international politics is the central importance of artificial intelligence (AI). The race to build the data centers that will undergird the next generation of powerful algorithms is mobilizing billions of dollars in new investment—enough, according to some analysts, to account for a measurable share of overall U.S. growth this year.

The energy demand from those data centers is monumental, however, threatening steep electricity price hikes for consumers and potentially undermining the stability of the grid itself. Solving the AI energy challenge will be essential to securing the benefits that might flow from this technology.  

As all these stories and more play out in New York this week, CFR’s Climate Realism Initiative (CRI) will be here to provide the context and critical analysis you need. Get ready for the week with analysis from our catalog, and visit our website for insights and events over the coming days. Look for further updates in the October issue of the initiative’s monthly newsletter, Climate Realism.  

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About the Climate Realism Initiative

The Climate Realism Initiative charts a novel course for U.S. climate policy that is realistic in forecasting climate impacts and U.S. leverage and realist in assessing that countries will work to advance their own interests.