Climate.Table

Feature

Colombia: How rating agencies complicate debt-for-nature swaps

Colombia campaigns for debt-for-nature swaps. However, because rating agencies see the country's climate policy critically, the government recently rejected several offers for such swaps. Shortly before the World Bank's spring meeting, this example shows the obstacles to debt-for-nature swaps.

By Alexandra Endres

09.04.2023, Cosco Containerschiff, Hamburg: Symbolbild Hafen Hamburg Deutschland Hamburger Hafen Symbolbild-09 *** 09 04 2023, Cosco container ship, Hamburg icon picture port Hamburg Germany Hamburg port icon picture 09

IMO climate levy: Low revenues threaten distribution conflicts.

The IMO states have agreed on a climate levy for international shipping. However, it is not a universal levy on every tonne emitted. According to initial analyses, less money will be collected than expected. This could also have a negative impact on international climate financing.

By Fritz Vorholz

New government: How secondary climate policy is for the new coalition

Climate action will likely play a much smaller role in the next German government than under the previous one. This is suggested by the coalition contract, the distribution of responsibilities, and the minimal mention of this topic. While climate action will return to the Ministry of the Environment (SPD), the energy agenda will remain in the CDU-led Ministry of Economic Affairs.

By Bernhard Pötter

German coalition contract: The details on climate and energy policy

According to the coalition contract, the Christian Democrats/Christian Social Union (CDU/CSU) and Social Democrats (SPD) are essentially continuing the course of the previous government. However, the new coalition wants to place greater emphasis on market instruments, the reduction of bureaucracy and technical solutions such as CCS.

By Bernhard Pötter