Editorial

Climate policy is a constant struggle for every tenth of a degree of global warming prevented – and for billions of US dollars. Today, the donor countries of the UN Green Climate Fund are meeting in the German city of Bonn to announce their new contributions to the fund. China will not be there. The largest CO2 emitter is refraining from climate financing at the UN level for many reasons. The People’s Republic wanted to provide billions of dollars through its own channels, but so far, only a fraction of the promised sums have been disbursed. Nevertheless, experts say the People’s Republic is in a good negotiating position at COP28.