The transformation of the World Bank into a climate-friendly transformation bank is the main topic at the annual meeting of the IMF and World Bank in Marrakech (Oct. 9–15). This new task will significantly increase the World Bank's capital needs. But important questions remain unanswered.
By Caspar Dohmen
In China, the fear of climate change doesn't translate into activism. Instead, the government offers hope through technological solutions. Nevertheless, the population is left with a diffuse fear in the face of extreme weather conditions, which finds outlets in other areas.
By Fabian Peltsch
The World Bank and the IMF plan to achieve climate-friendly global development. But a newly published report raises doubts. Three NGOs criticize: The example of Pakistan shows how the involvement of these financial institutions often exacerbates the climate crisis in the Global South. The current reform proposals also follow a false logic.
By Goswami Urmi
Despite the escalation in the Middle East, Ukraine can still count on unwavering support from NATO member states. This was the message at the meeting of defense ministers in Brussels. The alleged attack on the Baltic pipeline was also discussed on the sidelines.
By Stephan Israel
Berlin and Paris are urging the EU Commission to implement specific measures to relieve companies from bureaucratic burdens. Business representatives and lawmakers are also calling for action. The Commission intends to provide detailed information next week about where it plans to reduce reporting requirements.
By Till Hoppe
The transition to electromobility demands not only high flexibility from auto suppliers but also billions in investments. Hence, those with substantial capital and established roots in the growing Chinese market are at an advantage.
By Christian Domke Seidel
For the technology giant Huawei, the end of its problems is not only emerging in the smartphone business. The new EV model with Huawei technology from the Aito brand is gaining popularity among customers.
By Jörn Petring
Hardly any other European country produces energy that is as harmful to the climate as Poland and clings so stubbornly to coal. The expansion of renewables is not being actively supported. Much remains haphazard and fragmented. Instead, Poland is relying on nuclear power. On Sunday, the country will elect a new parliament. A victory for the opposition could bring new momentum to the energy transition.
By Lisa Kuner
The soap on the drugstore shelf, the shipping of DHL parcels, the long-haul flight with corresponding carbon compensation: many things are supposedly "climate neutral." In total, the EU Commission has identified around 230 product labels with claims of positive climate and environmental impact – and wants to regulate them. Because they are often unsubstantiated and misleading.
By Leonie Düngefeld
The EU will examine aid to the Palestinians but will by no means suspend it. Foreign Affairs Commissioner Josep Borrell stressed this after an informal emergency meeting of foreign ministers on the sidelines of a meeting with the Gulf states in Oman. The Commissioner for Neighborhood, Oliver Varhelyi, was duped.
By Stephan Israel
