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Bundesumweltministerin Steffi Lemke

With resource conservation against global environmental crises

At least half of all greenhouse gas emissions are caused by the extraction and processing of resources. Circular economy can limit consumption – a decisive but often overlooked lever in climate action and nature protection. At their meeting in Japan, the G7 environment ministers are working to change that.

By Redaktion Table

World Bank climate protest Climate activists claim the World Bank s practices constribute to the climate emergency at the Lincoln Memorial. The banner is the first of a number of expected climate protests at the Worl Bank and IMF annual meetings next week. Washington DC United States PUBLICATIONxNOTxINxFRA Copyright: xAllisonxBaileyx originalFilename: bailey-worldban221006_npo9Z.jpg

Cautious World Bank reform: more capital and climate action

The pressure on the World Bank is high: Its designated new head Ajay Banga is supposed to better link poverty reduction with sustainability and structural reforms. The Bank's decision-making body has now discussed the proposals. A compromise is expected by fall.

By Bernhard Pötter

July 24, 2022, Labuan, Indonesia: Fishing boat leaning, with The Banten 2 Labuan Coal Power Plant in the background at C

JETPs: financing with private capital on shaky ground

Using tight public funds to leverage many billions from the private sector for climate financing – that is what the World Bank and important bilateral donors plan to do. But it is highly doubtful whether the necessary billions will be raised in this way. The concept of leveraging private funds is on shaky ground.

By Nico Beckert