Your contact for new licenses
How can the global financial system be made climate-friendly? From Oct. 9–15, the World Bank and the International Monetary Fund will also be discussing this question at their annual meeting in Marrakesh. The situation in Africa is particularly urgent. Four proposals to help the continent.
By Redaktion Table
Nigeria faces a dilemma: The new "Ministry of Gas Resources" is supposed to promote the fossil resource as a bridge to the age of renewables and ensure state revenues. Critics fear that the promotion of fossil energies will be consolidated and renewables neglected.
By Viktor Funk
While a Republican fossil fuel campaign is underway in much of the United States, Democrat-ruled California has passed two major climate bills. Meanwhile, the US state is suing five energy companies for damages. The accusation: deliberate disinformation about the risks of climate change.
By Carsten Hübner
China is now the largest CO2 emitter and yet does not participate in UN funds to finance climate protection in developing countries. The People's Republic wants to allocate funds only through self-administered channels. China's climate financing is non-transparent and falls far short of its own commitments.
By Nico Beckert
The European Carbon Border Adjustment Mechanism (CBAM) will be launched on Oct. 1., although no CO2 duties will be levied on affected imports during the two-year test phase. Nevertheless, the climate action instrument is already triggering reactions worldwide. Above all, it appears to be fulfilling one of its key purposes: CBAM provides incentives for CO2 pricing abroad.
By Lukas Knigge