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The bloody conflict between Israel and Hamas also affects the COP28 climate conference in Dubai in six weeks. Besides security issues, new geopolitical tensions and rising gas and oil prices are a cause of concern for observers. There are even rumors that the conference will be canceled or postponed.
By Bernhard Pötter
At their annual meeting, the World Bank and the International Monetary Fund agreed on reforms for more climate action: New visions, easier lending, voluntary contributions from states and private individuals. But for the time being, the necessary capital and more say for developing and emerging countries are not forthcoming.
By Bernhard Pötter
Late Monday evening, the EU ministers defined their negotiating mandate for the UN climate conference in Dubai at the end of November. The role of CCS will be significantly restricted. However, the EU countries rejected a higher climate target (NDC).
By Lukas Knigge
The transformation of the World Bank into a climate-friendly transformation bank is the main topic at the annual meeting of the IMF and World Bank in Marrakech (Oct. 9–15). This new task will significantly increase the World Bank's capital needs. But important questions remain unanswered.
By Caspar Dohmen
A survey shows that Germany's south is gradually losing its economic attractiveness without wind power and hydrogen. Short-term relief for companies is called for, but in the long term, the expansion of renewables, as well as storage facilities and grids remains crucial. The future government of the state of Bavaria should focus above all on wind power.
By Experts Table.Briefings
The World Bank and the IMF plan to achieve climate-friendly global development. But a newly published report raises doubts. Three NGOs criticize: The example of Pakistan shows how the involvement of these financial institutions often exacerbates the climate crisis in the Global South. The current reform proposals also follow a false logic.
By Goswami Urmi