Global military spending is more than one trillion US dollars higher than that for climate protection and adaptation. While the global military build-up continues, five times as much money would be needed for climate action in order to avoid even greater damage.
By Lukas Bayer
Under pressure from the Trump administration, World Bank CEO Banga has begun a balancing act at the spring meeting: Rhetorically, the climate issue is falling by the wayside; structurally, Banga is sticking to his reforms. The likely price for this strategy: more World Bank funding for gas and nuclear power.
By Bernhard Pötter
The IMO states have agreed on a climate levy for international shipping. However, it is not a universal levy on every tonne emitted. According to initial analyses, less money will be collected than expected. This could also have a negative impact on international climate financing.
By Fritz Vorholz
The question whether and how international shipping will price its emissions for the first time and subsequently reduce them will be decided next week. So far, however, the fronts have hardened between opposing and ambitious countries.
By Fritz Vorholz
Everyone is eagerly awaiting the new NDCs up to 2035, but it is questionable how meaningful the targets will be. This is because the reporting rules are very general. Calculation tricks, fudged statistics and altered climate balances have long been common practice among countries and companies.
By Arne Schütte
The geopolitical environment is becoming more difficult, and multilateralism and the rules-based international order can no longer be taken for granted. It is precisely now that Germany should seize the opportunity to prove itself as a reliable partner in climate policy and thus take on a leading role in climate diplomacy.
By Alexandra Endres
Environmental organizations and social associations have called on the Social Democratic Party (SPD) to insist on its election promise of a wealth tax on the super-rich during the coalition negotiations. The revenue should be used for climate finance and the UN Sustainable Development Goals.
By Nico Beckert
According to a new analysis, most of the parties' election manifestos are very unclear when it comes to financing climate action. Most parties also want to do too little about climate-damaging subsidies.
By Nico Beckert
Council of Experts on Climate Change: The next German government must set the right course for climate action and secure funding. But higher defense and education spending could lead to distribution conflicts, warns the biennial report. It outlines solutions and where action needs to be taken.
By Nico Beckert
Should China also pay into the new climate finance target NCQG? Developed countries insist on this in Baku, but developing countries are not joining the call. Their high levels of debt make them dependent on China.
By Goswami Urmi
