The G7 and experts are alarmed: Rising interest rates and capital flight jeopardize the urgently necessary energy transition in developing countries. High capital costs are slowing down the expansion of renewables. In Germany, too, low interest rates were not sufficiently utilized.
By Nico Beckert
The vice president of the EU Commission wants healthier soils and fewer pesticides in agriculture - and no break for decarbonization. In an exclusive interview with Claire Stam and the French media Contexte, Frans Timmermans defends his proposals for a Nature Restoration Law and the reduction of pesticide use against criticism. For COP28, he sees no other option than to talk to fossil fuel companies. A new EU climate target of minus 58 percent is possible, he says.
By Claire Stam
