According to Oxfam's calculations, only a fraction of climate finance can be considered genuine support for poorer countries. The high proportion of loans at market rates, as noted by the NGO, dilutes official OECD figures. Oxfam calls for reforms in reporting requirements.
By Nico Beckert
Institutional investors from the USA account for 65 percent of investments in companies engaged in fossil energy operations. Deutsche Bank and Allianz are leading among German institutional investors.
By Alex Veit
The new Labour government aims to remove two hurdles hindering the expansion of onshore wind power. Planning regulations introduced under David Cameron in 2015 significantly slowed down the growth of wind power.
By Nico Beckert
Many politicians continue to use highly climate-damaging official vehicles, as highlighted by an analysis conducted by the German Environmental Aid (DUH). Particularly, FDP ministers and the state leaders of North Rhine-Westphalia and Berlin perform poorly in this regard. However, there is an uptick in the use of electric vehicles.
By Nico Beckert
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 US government halted approvals for new LNG export terminals in January in order to assess their impact on the climate, economy and safety. A court ruling has now overturned the moratorium. However, the White House can appeal the decision.
By Alexandra Endres
The effects of rising carbon dioxide levels have probably been underestimated so far. A recent study warns of significantly higher temperatures than the UN Intergovernmental Panel on Climate Change (IPCC) indicates in its models.
By Lukas Bayer
So far, the expansion of solar power in Germany has been particularly successful. According to an interim assessment by the Federal Network Agency, the expansion of onshore wind power is also picking up momentum – more than ever since 2017.
By Bernhard Pötter
Solar energy is an essential pillar of the European energy transition. However, there are not enough qualified specialists. To solve this problem, the EU Commission launched the European Solar Academy. But the industry expects more.
By Carsten Hübner
According to a media report, the US government is considering a carbon price to protect the domestic industry from emissions-intensive imports. Climate envoy John Podesta said it was one of several options.
By Alexandra Endres
