The UK wants to subsidize the capture and storage of CO2 (CCS) with almost 22 billion pounds. Many other countries are pushing ahead with plans for the controversial climate technology. Experts say there are other long-term options for most sectors and environmentalists warn of leaks like those that have recently occurred in the US.
By Nico Beckert
Nowhere is the number of decentralized solar power grids growing as fast as south of the Sahara. A new report shows how rapidly access to electricity is reducing costs, opening up opportunities and improving people's lives. Problems include financing and the theft of infrastructure.
By Viktor Funk
Due to climate change, African countries lose between two and five percent of their GDP. In addition, the debt crisis complicates adaptation to climate change and its consequences. For this reason, African countries are entering the negotiations on a new climate finance target with the highest possible demands.
By Nico Beckert
The Forum on China–Africa Cooperation is the most important event for African countries every three years. Again, almost all heads of state will be attending in person. However, China is ahead of its partners in several crucial respects.
By Lucia Weiß
Many German ministries are glad their funds in the CTF will remain untouched. However, it remains to be seen whether the entire fund will be spent. After all, the Climate and Transformation Fund is nine billion euros short – and there are no clear plans where to get the money from. The Ministry of Finance is counting on having enough money left over somewhere.
By Malte Kreutzfeldt
Senegal is starting its own offshore oil production. The country intends to use oil and gas to boost its economy and create prosperity. It also promises a transition to green structures through the JETP partnership and billions in aid.
By Viktor Funk
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
Paris aims to host the greenest Olympic Games ever and halve emissions compared to previous Games. However, a few things are still not quite right.
By
The US Vice-President is a fierce critic of the fossil fuel industries and is calling for more money for climate action and even more green investments. She would secure Joe Biden's climate policy record, which Donald Trump wants to destroy. But as POTUS, she would probably be much less radical.
By Bernhard Pötter
The African Association of Petroleum Producers (APPO) has founded the Africa Energy Bank. Its aim is to help finance the African energy sector. The bank is to provide funds for projects that are no longer supported by the Global North.
By Viktor Funk
