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The Indian government has now officially recognized that carbon markets and emissions trading are to play an important role in decarbonization. A law to this effect is to be passed at the end of the year. Many details are still unclear, but trading could begin from mid-2023.
By Redaktion Table
The coal phase-out in South Africa is seen as a test case of how industrialized countries can help emerging economies with rapid and socially cushioned climate protection. A year ago, the Europeans and the USA promised the African state $8.5 billion for the Just Transition Energy Partnership. So far, costs and details have remained vague. Now South Africa has presented its price tag for the green transition.
By Bernhard Pötter
Climate neutrality and sustainable development can only succeed if global cooperation in these fields functions and is massively deepened. Therefore, especially in view of the Russian war, a more comprehensive effort is needed to ensure that the current international crisis constellation leads to a reconsideration that expands the opportunities for international cooperation alliances in the 21st century and averts a dangerous disintegration of the global order.
By Redaktion Table