The declaration of the G20 summit in Rio does not solve the problems of COP29. Instead, it leaves the decision on compromises to the states at the climate conference. Although the G20 states are opening doors, they also put obstacles in the way of the delegations. The G20 could soon split on this issue.
By Bernhard Pötter
At the start of COP29, the heads of state and government are supposed to present their demands and bring momentum to the negotiations. This hardly succeeds on the first day: Criticism meets counter-criticism, but the main opponents have not appeared. Only the UK provides a ray of hope.
By Bernhard Pötter
Shortly before the UN Climate Change Conference in Baku, the EU publishes figures on climate financing for developing countries. This time, the member states have exceeded the previous year's total.
By Redaktion Table
On Tuesday, the EU finance ministers defined their position for the UN climate negotiations in Baku (COP29). As international climate finance will be the main topic in November, the Ecofin conclusions are of particular importance this time.
By Lukas Knigge
The most important negotiations at this year's UN Climate Change Conference in Baku (COP29) revolve around the new global climate finance target. The EU states are pushing for former developing countries such as China and Saudi Arabia to also participate.
By Lukas Knigge
The climate finance debate puts growing pressure on China to also pay to vulnerable countries. A US study now shows that the country already invests an average of 4.5 billion US dollars per year in climate action and adaptation via direct payments and export loans.
By Bernhard Pötter
The “Science Based Targets Initiative” has now presented an assessment in the dispute over the approval of carbon credits for companies: It found that the credits pose a risk to the green transition.
By Fabian Löhe
Germany has promised to provide six billion euros annually from public funds for global climate financing from 2025. However, the government's draft budget is around one billion euros short of this target.
By Bernhard Pötter
In the dispute over the financing of global climate action, demands are growing louder that emerging markets like China should also contribute. A study reveals surprising results: Countries in the Global South are apparently paying more than previously thought.
By Bernhard Pötter
The European Investment Bank (EIB) invests 60 percent of its lending volume in climate and green projects. Even after the rise of the far-right in the EU elections, it is still a climate bank, says Nancy Saich, the EIB's chief climate expert, in an interview.
By Alexandra Endres
