The Climate Club initiated by Chancellor Scholz takes stock one year after its foundation. Members are working on common standards, particularly for green steel and cement. Initial financing plans are also discussed.
By Lukas Knigge
Little progress was made at a high-level methane summit between the USA and China as part of COP29. The USA announced a new penalty fee. China referred to older plans without presenting any new initiatives. Some countries have made new pledges for climate financing in the methane sector.
By Nico Beckert
According to a media report, Exxon CEO Darren Woods has spoken out in favor of the USA remaining in the Paris Agreement. This contradicts the announcements of former and future President Donald Trump.
By Alexandra Endres
In the coming years, renewables will have to be expanded twice as fast as before if the international community wants to achieve its goal of tripling capacity by 2030. IRENA has calculated that investments of $31.5 trillion are needed in the energy system.
By Nico Beckert
The International Rescue Committee calls on governments to focus climate finance more on "underserved populations" in conflict areas and provide more funding for resilience and prevention.
By Alexandra Endres
As countries are not in a position to finance the removal of CO2 from the atmosphere to the extent required in the future, PIK and KfW are proposing a new financial institution at COP29. CO2 removal is to be integrated into the existing emissions trading system.
By Alexandra Endres
If the US leaves the United Nations Framework Convention on Climate Change, the largest financier of the UN Secretariat will also leave. This would mean further restrictions for climate action work – and China would probably become the central donor.
By Bernhard Pötter
The Asian Development Bank is increasing its climate-related lending. This is made possible by government guarantees from the USA and Japan.
By
Rich countries promote fossil fuels with public money. There are considerable differences between countries.
By
Christian Linder demands that Germany should not be a pioneer in climate protection. However, this is no longer the case anyway, at least when it comes to the expansion of renewables.
By Malte Kreutzfeldt
