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In a government statement, Rishi Sunak reaffirms his course on energy and climate policy: Maintaining the net zero target while extracting more oil and gas from the North Sea and reducing climate standards for buildings and transport. Opposition and experts decry regression.
By Redaktion Table
Now that the structure of the loss and damage fund has been decided on, it remains unclear where the money will come from – and how much it could be. UNCTAD has now listed potential sources: If political will exists, a lot of capital is available.
By Bernhard Pötter
A few weeks ago, the EU member states defined their position for COP28 in Dubai, now, it was the EU Parliament's turn. The Environment Committee voted on its motion for a resolution on the COP.
By Lukas Knigge
Numerous fossil fuel producers plan to expand production in the coming years and decades - including the COP host, the USA and Russia. This clashes with the climate targets they have set themselves. This could result in stranded assets.
By Nico Beckert
According to a new report by CAN Europe, Friends of the Earth and other NGOs, a quarter of the world's largest fossil fuel extraction projects are operated or financed by EU companies and banks. The alliance calls for mandatory climate transition plans under the EU Due Diligence Act.
By Leonie Düngefeld
Shortly before the summit meeting between Joe Biden and Xi Jinping in San Francisco, China presented a long-awaited strategy for reducing methane emissions. Although the plan lacks ambition, it could be an important signal from the two climate superpowers ahead of the next climate conference.
By Nico Beckert