On April 15, the last German nuclear power plants will be shut down. But German taxpayers' money continues to flow into nuclear technology. The billions in contributions to the ITER nuclear fusion reactor in southern France are recorded in the EU as climate financing, even though fusion technology does not promote EU climate targets. But this is the only way the EU can meet its climate financing quota.
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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
India is overtaking China as the world's most populous country. But its development will not be as CO2-heavy as China's rise, forecasts promise. Less industry and more renewables will curb emissions.
By Nico Beckert
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
Global climate action, adaptation and the repair of climate damage requires a lot of money. A reform of the global financial structure is intended to mobilize the financial resources. The upcoming annual meeting of the World Bank and IMF will discuss this, but different interests are involved.
By Bernhard Pötter
