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At COP28, the fund for losses and damages caused by the climate crisis must be empowered and adequately filled. In addition to the developed countries, emerging economies such as wealthy oil and gas states also must ensure that the fund is adequately filled. A tax on international shipping and contributions from the largest fossil fuel companies should also be implemented.
By Redaktion Table
The World Bank reforms agreed in Marrakech mark a milestone, says Rishikesh Bhandary, climate finance researcher at Boston University. Now it is a matter of putting them into practice. One particularly urgent task is to find a way to deal with the debt crisis.
By Alexandra Endres
This debate will dominate COP28: Should countries completely phase out fossil fuels for the energy sector or rely on the controversial carbon capture and storage (CCS) technology? A reality check of a technology that is being hailed as a holistic solution.
By Nico Beckert