To tackle the climate crisis, “everything, everywhere, all at once” must happen, warns António Guterres. But in politics, progress is often only made with small steps: In the UK, climate change has taken a back seat to energy security issues over the past few months. The government’s new climate plan is being criticized as lacking […]
China is falling behind its own commitments in climate financing for the Global South. A new analysis by the think tank E3G shows:According to the E3G analysis, about two-thirds of China’s international climate financing goes to the area of mitigation, such as the construction of solar and wind power plants or climate-friendly transportation.Focus on Africa […]
It is positive news: Wind and solar energy have expanded rapidly in many countries over the past few years. Today, 12.1 percent of the world’s electricity is generated by wind and solar power plants. In 2015, the share was still at 4.6 percent, as a report by the think tank Ember shows. And the growth […]
The G7 countries still invest billions in international projects promoting fossil energies. This is according to a report by the organizations E3G and Oil Change International. They state that Germany and Japan have not yet adopted political plans to fulfill the pledges they made at COP26 and at last year’s G7 summit. At the time, […]
Statistically, April 14 is the decisive day: According to UN figures, India will then overtake the current leader China as the most populous country. Other estimates suggest that this has already happened. Both countries have a lot in common: They are each home to a good 1.4 billion people, have recorded high economic growth in […]
Asset manager DWS is withdrawing from coal investments. This is according to a coal policy presented by the Deutsche Bank subsidiary. It says that:However, investments in metallurgical coal or coking coal for the production of cement and steel are excluded from the coal policy. This refers to “unabated thermal coal”.Civil society organizations such as Urgewald […]
Trillions of US dollars in investments are needed for the energy transition and climate adaptation in the Global South. The World Bank cannot finance this alone, said Ajay Banga recently, a candidate for the World Bank presidency. Therefore, the development bank would have to raise private capital. One of the tasks of a reformed World […]
At least the climate in the German government coalition seems to have been saved for the time being. After hours of negotiations, the Social Democratic Party (SPD), the Greens and the Free Democratic Party (FDP) have agreed on a compromise in the climate action area. The result: The country’s individual ministries have not been absolved […]
The proposal for a climate adaptation law presented by Federal Environment Minister Steffi Lemke last Friday is intended, she said, to create “a binding basis for a precautionary federal climate adaptation strategy.” The strategy itself is not yet available. The law is intended to create the basis for developing it.Lemke’s proposal now goes to the […]
The China National Offshore Oil Corporation has started constructing the first offshore carbon capture and storage project off the coast of China. Starting in mid-April, 300,000 metric tons of CO2 will be stored underground annually via a borehole, according to the Chinese business portal Caixin. With annual CO2 emissions of a good 11.5 billion tons, […]