Over the weekend, the trade dispute between Europe and China showed initial signs of easing. During Economy Minister Robert Habeck’s trip to China, the EU and China agreed to new talks regarding the EU’s protective tariffs on electric vehicle imports from China. This development is considered a success for Habeck.However, current developments in the wind […]
The steady growth of EVs in recent years is having an impact: From 2027, global fuel demand for road transportation could decline, according to new data from BloombergNEF (BNEF). The think tank predicts that 83 million electric cars, buses and trucks will displace combustion vehicles worldwide by 2025. In addition, there will be 340 million […]
Global climate finance is in a dilemma: In the coming years, hundreds of billions in financial support must flow for climate action in the Global South, while simultaneously avoiding exacerbating the debt crisis in many of these countries. This dilemma played a significant role at the climate interim conference in Bonn and will continue to […]
A danger is emerging in the international negotiations on the New Collective Quantified Goal (NCQG) for climate financing within the UN framework: If a large proportion of climate financing continues to flow as loans, this could exacerbate the acute debt crisis in many developing and emerging countries. At the Bonn Interim Climate Conference (June 3-13), […]
Although common ground was found in some areas of the New Collective Quantified Goal (NCQG) at SB60 in Bonn, there was hardly any significant progress. The developed countries “continue to play with hidden cards,” David Ryfisch from the environment and development organization Germanwatch told Table.Briefings. He says that the COP presidency from Azerbaijan must now […]
At first glance, climate action seemed to take a hit in Sunday’s European elections. In Germany, the climate change deniers of the AfD gained significantly. The Greens are considered the biggest losers, losing 2.6 percent of the vote across Europe. Surprisingly, many young voters, who will be the most affected by the climate crisis in […]
In 2023, the UK allocated the equivalent of 2.1 billion euros for international climate finance, a new record. However, the government has relaxed its definition of climate finance. For instance, 30 percent of humanitarian aid to countries most affected by the climate crisis is now counted as climate finance, even if the projects have no […]
The US has ramped up its solar module production capacity from 15.6 gigawatts in the previous quarter to 26.6 gigawatts in the first quarter of 2024. Once these factories are fully operational, they can meet about 70 percent of domestic demand, according to a recent report by the Solar Energy Industries Association (SEIA). The American […]
In 2022, the EU member states, the European Commission, and the European Investment Bank (EIB) collectively provided €28.8 billion for global climate financing, an increase of €6.5 billion compared to 2021. This information comes from a new analysis by the Climate Action Network (CAN), which was presented on Thursday. The largest share (almost €22 billion) […]
Even if all countries were to realize their current plans and targets for the expansion of renewable energies, they would still fall 30 percent short of the global target of tripling capacity by 2030. This is revealed by new data from the International Energy Agency (IEA). According to the IEA, national plans would lead to […]