Table.Briefing: Climate (English)

The EU’s climate finance target + Potential of mushrooms + CO2 market

Dear reader,

Just under four weeks before COP29, the EU has set out its position for the climate conference in Baku – but it lacks a concrete figure for climate financing. Lukas Knigge explains why this may be the wrong strategy. In contrast, more concrete progress was made at last week’s COP preparatory conference on carbon markets and Article 6 of the Paris Climate Agreement. We summarize the innovations presented by a panel of experts for you.

Our “Ideas for the Climate” series today analyzes what mushrooms can contribute to climate action. Research and the first start-ups see mushrooms as a suitable alternative in the construction sector, for meat or leather. We have compiled a wide range of possible applications and the potential of mushrooms as a CO2 sink.

In today’s Opinion, IPCC author Hans-Otto Pörtner calls for climate and biodiversity action to be given constitutional status just in time for the Biodiversity Conference in Cali (COP16). Time is running out in the fight against these two crises, argues Pörtner. He believes that politicians, as well as the media, have a duty to act faster and communicate crises better.

We wish you a successful day!

Your
Lisa Kuner
Image of Lisa  Kuner

Feature

COP29: The EU’s role in Baku

Jennifer Morgan and Wopke Hoekstra will be two important European voices at COP29 in Baku.

Europe has one main objective in Baku. At the UN Climate Conference in November (COP29), the circle of donor countries for international climate financing is to be expanded. This was decided by the ministers responsible for climate policy on Monday at the Environment Council in Luxembourg.

Until now, the industrialized countries classified as such in the early 1990s have been paying for climate protection and adaptation measures in the Global South. According to the EU, this classification needs to be revised after three decades. Countries that have since achieved significant wealth and contribute to global warming with high greenhouse gas emissions should also be asked to pay – among them China and the oil- and gas-producing Gulf states.

At the Environment Council, the EU states set out their official negotiation position for COP29. Among other things, it states:

  • The member states underscore the COP28 agreement on a transition away from fossil fuels.
  • The role of nuclear energy in the conclusions was long disputed. France and other nuclear countries wanted to establish nuclear power as one of many options for decarbonization. Germany and a faction of anti-nuclear countries wanted a special focus on renewables. Although the topic played hardly any role at the COP, it delayed the agreement for hours. Finally, they decided on wording from the COP28 agreement, in which nuclear energy is considered as one of many options.
  • The EU countries call for a new climate financing goal (NCQG) that is achievable and appropriate.
  • For the EU, the prerequisite for an ambitious NCQG is that the group of donor countries for international climate financing is expanded. Countries that are able to contribute should do so, demanded EU Climate Commissioner Wopke Hoekstra.
  • Developing and emerging countries that are already contributing should disclose this to create transparency.

Europe building an ‘additional front

However, the EU countries do not want to name a specific figure for the European contribution to the NCQG (New Collective Quantified Goal) for tactical reasons. They fear that their goal of expanding the circle of donor countries could fail if they commit to a specific sum now. Sven Harmeling, Head of Climate at Climate Action Network Europe (CAN Europe), does not consider this strategy effective. “It is building an additional front”, he says.

In an interview with Table.Briefings, Harmeling criticizes that the EU lacks a clear strategy on how to win others as donor countries or get them to disclose their contributions to climate financing. At the same time, the EU must also clearly state that it bears the main responsibility for climate financing.

The NCQG is the successor to the currently valid $100 billion goal, under which industrialized countries pay developing countries. “As long as the industrialized countries do not make it clear that they will go higher than the $100 billion this time, they should not set any conditions themselves”, Harmeling argues. He believes that their unwillingness to continue the $100 billion – and potentially contributing even less – neither reflects the global economy nor does it honor the historical responsibility of industrialized nations. Even the US has designated the $100 billion per year as a minimum for the NCQG. “Europe should signal more openness there”, demands Harmeling.

Difficult framework conditions for the EU

The reasons for Europe’s lack of openness are the challenging budgetary situations in major EU member states and the political debates over finances in their capitals. France is plagued by a massive budget deficit; in Berlin, budget disputes threaten to repeatedly fracture the governing coalition, and climate financing is declining. In Italy, priorities other than combating climate change and its financing prevail. Consequently, the EU heads to Baku weakened, especially on financial matters.

The worst-case scenario is avoided, as Climate Commissioner Wopke Hoekstra remains in office and brings considerable experience to the climate negotiations and as a financial expert. However, the Hungarian Council Presidency is not considered particularly ambitious and is likely to limit itself to its moderating role within the EU in Baku. This places even more focus on the financially strained major member states during negotiations with other countries in Baku.

“In the best-case scenario, the EU will have a strategy by the time of the COP on how far it can go in climate financing, both through public funding and development banks”, says Harmeling. Should the EU abandon its hard line on expanding the circle of donor countries, other nations might agree to disclose their climate financing and initiate a longer-term process to broaden the donor base, he believes.

Although no such strategy is hinted at in the official conclusions of the EU member states, Climate Commissioner Hoekstra said on Monday evening that they want to ensure that more money from public and private sources is available for the neediest countries. Whether this will succeed remains to be seen. The current geopolitical situation creates a complicated negotiation scenario. Also, the positions of the COP participant countries are still, in some cases, very far apart, according to Hoekstra.

A failure of the COP in Baku, similar to Copenhagen in 2009, would harm the EU above all, says Harmeling. “The European public is still relatively highly sensitized to these issues.”

  • Climate & Environment
  • COP29
  • EU climate policy
  • European policy
  • Klimafinanzierung
  • NCQG
Translation missing.

Circular economy: Mushrooms and their enormous potential

Leather substitute made from mushroom mycelium – mushrooms can be a climate-friendly alternative in various areas.

In the search for new materials that are climate-friendly and recyclable, biological systems originating from a species that has received little attention are coming to the fore: Fungi. They, or more precisely their roots, could do a lot for climate action in the future – for example as a building material, for insulation or as a meat substitute. This is suggested by studies and initial trials for large-scale applications of the new materials.

“We are currently seeing the first commercialization by start-ups“, says Dirk Hebel, for example. He is Professor of Sustainable Building at the Karlsruhe Institute of Technology (KIT) and has been researching mushrooms as a building material for around eight years.

Mushrooms as a compostable building material

Hebel is enthusiastic: Panels based on mushroom mycelium could be used in the future wherever chipboard is used today. This is because they have a problem: They consist of a mixture of glue and wood, which is why they are almost impossible to recycle and are usually burnt at the end of their useful life – the CO2 stored in them escapes into the atmosphere.

Similar stable plates can be produced from the fungal mycelium and organic residues such as wood or grass: The mycelium grows through the loose materials in search of nutrients and “sticks” them together in the process. The organism then dies through heating and the resulting dehydration, leaving behind a solid structure. But unlike chipboard, the new material is “completely biologically compostable”, explains Hebel. Mushroom mycelium as an alternative to synthetic adhesives, which are not compostable, is therefore a good approach for a circular economy, as the German government wants to enshrine in the National Circular Economy Strategy.

Wolfgang Hinterdobler, co-founder of the Austrian company MyPilz, uses fungi in a completely different way in the fight against climate change. To this end, MyPilz has developed a service to make soil fungi available as beneficial organisms for agriculture – where they are supposed to combat plant pests and at the same time promote the build-up of humus in the soil. This binds CO2 in the soil because soil fungi quickly metabolize plant residues, form symbioses with the plant roots and thus build up and stabilize biomass in the soil. Ideally, farmers then need less fertilizer and pesticides. MyPilz isolates a local fungus from a local soil sample for this application. Farmers receive this in the form of fungal spores. The basic package for this service costs €1,345.

Mushrooms in climate change

The cultivation of mushrooms not only leads to lower emissions, mushrooms can also store large amounts of carbon. Last year, for example, a study concluded that mycorrhizal fungi store up to 13 gigatons of CO2 per year. This corresponds to around a third of CO2 emissions from the combustion of fossil fuels. A mycelium is the “fungal root” – a mycorrhiza is formed when a fungus envelops the finest roots of plants with the mycelium and thus enables an exchange between fungus and plant via the roots. Thousands of species of fungi form mycorrhiza, for example fly agarics, chanterelles, porcini mushrooms and truffles.

The main reason why fungi can store so much CO2: Unlike plants, they are not able to photosynthesize, so they have to absorb sugar from other organic material. They decompose this very efficiently at the right humidity and temperature.

The catch is that fungi do not store carbon permanently, but only temporarily. Research is currently being carried out into the conditions under which they can be used to keep CO2 in the soil as long and efficiently as possible.

Meat substitutes, leather, glue – mushrooms have many applications

Wolfgang Hinterdobler also sees great climate potential for mushrooms in the diet. Mushroom protein can be used as a substitute product for emission-intensive meat. The start-up Hermann.Bio, for example, produces the Fungi Pad, a meat alternative based on king oyster mushrooms. The company Quorn produces chicken nuggets and meatballs from mushroom protein and Revo Foods also offers fish and seafood substitutes made from mushrooms. According to studies, the production of one kilogram of mushrooms generates around two to three kilograms of CO2, while the production of one kilogram of beef emits around 100 kilograms of CO2.

And mushrooms could also be used in many other areas: Shoe manufacturer Giesswein, for example, uses mushroom-based leather substitutes. Mushrooms that do not meet the standards of the food industry are used for this. You can also buy footballs, handbags or hats made from mushroom leather from the company Mycoworks. So far, these have tended to be high-priced designer products, but a study assumes that “mushroom leather” is even cheaper to produce than animal or synthetic leather.

Climate solution with development potential

I’m very positive about the future of the mushroom industry“, says MyPilz co-founder Hinterdobler. One major advantage is that the cultivation of mushrooms is easily scalable and hardly uses any land – mushrooms can be grown in industrial plants instead of on farmland.

Currently, mushroom products are still being produced by small start-ups with “a lot of passion”, says scientist Dirk Hebel. There is still no stable market and no economies of scale. “We are also still experiencing a lot of reservations about the topic”, he says. People are afraid to touch the mushroom products because they think they are still living products. There still needs to be a bit of education. But Hebel is confident: In ten to 15 years, it will be possible to buy mushroom slabs in DIY stores. “I’m actually almost certain of that”, he says.

Moreover, there is still a great deal of unexplored potential in the world of mushrooms, adds Wolfgang Hinterdobler. Less than one percent of the world’s mushroom species have been researched in detail to date. “If we have already come this far, then there is still a lot of potential for the future”, he says.

  • Circular Economy
  • Forschung
  • Kreislaufwirtschaft
  • Research
  • Technology
Translation missing.

News

CO2 market: Draft Article 6 aims to protect environmental and human rights

In the UN carbon market, there is to be a binding mechanism to protect human rights and the environment through a detailed risk assessment. This is a first in the UN climate process and one of the results of the COP29 preparatory conference in Baku, Azerbaijan. However, the states still have to approve the drafts drawn up at COP29 in Baku.

The UN carbon market is regulated in Article 6 of the Paris Climate Agreement. There have been discussions about its exact form for years. No agreement was reached at COP28. The UN’s previous carbon market, the Clean Development Mechanism under the Kyoto Protocol, was repeatedly criticized for human rights violations.

Sustainable Development Tool to be added to Article 6

The new regulations on the protection of human rights and the environment are now to be enshrined in Article 6.4 as a “Sustainable Development Tool” according to a draft by the so-called “Supervisory Body” last week. In the future, project developers will not only have to explain how they contribute to reducing greenhouse gases but also how their projects contribute to other Sustainable Development Goals (SDGs). In the future, developers will have to complete a questionnaire covering eleven areas. The risk assessment is also to be checked by external auditors. This year, there had already been an agreement on a complaints and appeals procedure in connection with Article 6. kul

  • COP29

Irena: Why the tripling of renewables is out of reach

The world is at risk of falling massively short of the target agreed at last year’s climate conference to triple the capacity of renewable energies by 2030. This is the conclusion of a report by the International Renewable Energy Agency (Irena), which states that installed generation capacity would have to grow from the current 3,900 gigawatts to 11,200 gigawatts. With current national plans, the global expansion target would be missed by 34 percent, i.e. by more than a third. However, the International Energy Agency (IEA) emphasized in a recently published report that many national plans would probably be exceeded. According to the IEA, the target of tripling is within reach.

According to Irena calculations, an almost threefold increase in annual investment is required to achieve the goal of tripling capacity. Investments would therefore have to increase from $570 billion to $1.5 trillion.

Irena warns:

  • Developing and emerging countries still lack the money to switch to more climate-friendly technologies. Investments in renewable energies in Africa fell by 47 percent between 2022 and 2023.
  • The target of doubling energy efficiency is also at risk of being missed.
  • “Significant progress” is needed in the expansion of infrastructure, for example electricity grids, supply chains, expertise, financing and international cooperation. dpa/nib
  • COP29

Generation capital: Greenpeace study casts doubt on sovereign wealth funds’ sustainability strategy

The current sustainability strategy of the Nuclear Waste Management Financing Fund (Kenfo) does not sufficiently meet the requirements for sustainable investments. This is the conclusion of a study commissioned by Greenpeace, which was presented on Monday. The fund, which will manage the generation capital in the future and whose sustainability strategy is to serve as a blueprint for this, currently invests €1.3 billion or 5.5 percent of its portfolio in companies that are involved in environmental destruction or human rights violations.

In the study, Greenpeace examined both the formal Kenfo sustainability strategy and its practical implementation. According to the study, the strategy has “significant gaps” that lead to investments being made in environmentally harmful companies and compliance with the goals of the Paris Agreement is not guaranteed.

Exclusion of fossil fuel companies not expedient according to Kenfo boss

Greenpeace criticizes the fact that the Kenfo portfolio includes “controversial” fossil fuel companies such as Saudi Aramco, Total Energies, Petrobras, Shell and BP, as well as the Brazilian beef producer JBS.

However, Kenfo rejects the exclusion of fossil fuel companies for sustainability reasons. “If we no longer buy shares in fossil fuel companies, this will not save any CO2”, said Kenfo CEO Anja Mikus in an interview with Table.Briefings. This is because the shares are usually bought on the secondary market, i.e. by other shareholders. The purchase would therefore no longer have a steering effect.

In the case of infrastructure projects, the fund has “excluded investments in new oil and gas production, oil and gas pipelines and refineries if they are not compatible with the 1.5-degree target”, Mikus said.

Greenpeace recommends establishing exclusion criteria

Generational capital needs stronger sustainability rules so that billions are not invested in environmentally destructive companies”, demands Mauricio Vargas, financial expert at Greenpeace and author of the study.

In order to ensure “future-proof and ethically responsible investment”, Greenpeace therefore recommends enshrining ethical investment in law, establishing strict exclusion criteria and more transparency, and involving civil society actors more closely. ag

  • COP28
  • Finanzen

CCS: Exxon leases offshore areas for CO2 storage

Exxon Mobil has concluded lease agreements with the state of Texas for over 271,000 hectares in Texas state waters for an offshore CCS (Carbon Capture and Storage) project. The area is larger than the Saarland. This was recently announced by the US oil company. The offshore CCS projects should complement CCS projects on land. The CO2 is to be stored at a depth of 1.6 to 3.2 kilometers. Exxon has not yet provided any information about the duration of the lease, the conditions or the costs. Exxon had already acquired federal land in Texas for CO2 storage in 2021 and secured areas in the Gulf of Mexico last year as the highest bidder. The USA subsidizes CCS technology with tax rebates of USD 85 per tonne of CO2. rtr/lb

  • CCS
  • CO2-Speicher

Climate risks: European university network wants to adapt teaching

25 medical universities and faculties joined forces on Monday to form the European Network on Climate and Health Education (ENCHE). The network aims to inform more than 10,000 medical students about the health consequences of climate change and provide them with relevant skills. The network is coordinated by the University of Glasgow, and universities from Germany and France are also among the founding members.

The network sees climate change as “one of the greatest health challenges”. Factors such as extreme temperatures and air pollution exacerbate infectious and chronic diseases – including vector-borne diseases such as malaria and dengue fever. Cancer, cardiovascular diseases, respiratory diseases and mental illnesses can also increase as a result. At the same time, five percent of greenhouse gas emissions come from the healthcare sector, mainly due to medical products and their emissions along the supply chain. In view of this, climate change is insufficiently integrated into medical studies, often limited to one module or one teaching unit, the network criticizes.

The aim is to cooperate closely with the Global Consortium on Climate and Health Education (GCCHE) and the WHO. The network is also supported by companies from the healthcare sector such as AstraZeneca, Novartis, Novo Nordisk, Roche and Sanofi. An expansion to other healthcare professionals and partners in other regions is conceivable in the future. lb

  • Klimaforschung

Futurologist: Why Berlin should adapt to climate change faster

Berlin will have the climate of a southern European city “in an extremely short time”. This is the conclusion of a new study by futurologist Stephan Rammler on behalf of the Friedrich Ebert Foundation and in collaboration with the Potsdam Institute for Climate Impact Research. Under the title “Klimabauhaus Berlin“, Rammler looks at the consequences and possibilities of adapting to climate change. Berlin will have to adapt to the new world particularly quickly, as the capital is located in an extremely dry region of Germany.

“Cities act like burning glasses for global warming”, says the study. The reason is obvious: dense development, reduced evaporation, lack of ventilation corridors – and lots of concrete and asphalt. This could also be an opportunity for the capital: “If politicians and civil society are willing to act early and decisively, Berlin could establish itself as a role model for a city whose social cohesion is even strengthened by tackling the crisis together.” However, this would require targeted political intervention. Long-term, culturally embedded adaptive innovations would have to be stimulated and stabilized in the short term. In general, constant, unrelenting climate adaptation will be one of the core tasks of urban development “in many centuries to come”. Will Berlin, of all places, be a trendsetter? “I’m an optimist”, says Rammler, because “all that remains is optimism”. kn

  • Anpassung

Opinion

Giving climate action and biodiversity protection constitutional status

by Hans-Otto Pörtner
The ecologist and IPCC author Hans-Otto Pörtner.

32 years of the Framework Convention on Climate Change, 36 years of the Intergovernmental Panel on Climate Change – and no end to climate change in sight, what’s going on? We have known for decades that fossil fuels are the main problem. It was only last year that this was finally acknowledged in the final declaration of COP28. But if Der SPIEGEL is right, this insight will disappear from the texts again. We are on the wrong track, because rapid climate change, as we have triggered it, is causing massive damage, costing human lives and destroying nature as we know it.

As climate change progresses, we are approaching the limits of controllability. Climate change, not climate action, will gradually take away our prosperity. Accordingly, we are defending prosperity with the wrong means if we think we need fossil fuels to do so.

Turning point for climate and biodiversity

We need a turnaround in climate protection worthy of the name. And we also need the same in biodiversity protection. Because these two existential crises are linked. Through heat, droughts and flooding, climate change is damaging biodiversity and the life-sustaining functions of ecosystems, including the ability to bind CO2 and naturally slow down climate change. Conversely, the release of greenhouse gases from dying forests, drying moors and thawing permafrost soils accelerates climate change and its effects on people and nature. Climate action and biodiversity conservation, also by solving the pollution crisis, have no alternative.

The climate and the earth’s ecosystems function according to natural laws that are increasingly understood by science. In the social sphere, these laws can be compared to traffic rules; anyone who violates them risks serious accidents. The increasing number of climate catastrophes shows this: You cannot negotiate with the laws of nature, you have to respect them, just as you respect red traffic lights. Natural laws are not a matter of opinion.

Nevertheless, there are many who have not actually understood the facts and the threat and see the necessary action as arbitrary. Some politicians’ phrases such as “climate policy with a sense of proportion” and “the earth will not perish tomorrow” reflect this problem. Slowing down, delaying and burying our heads in the sand are currently the dominant strategies in international climate policy and to some extent also at national level. However, decisive action is needed to make up for lost ground and limit climate change and its damage.

Disasters will educate humanity eventually

Let’s not fool ourselves: With inadequate climate action measures, advancing climate change will educate humanity and force change through ever worse disasters. “He who will not hear must feel” – as the saying goes. Despite this, many people are not prepared to act; those who put the brakes on decide for others, forcing climate change on them. But why are we prepared to risk our prosperity and pay six times more for disaster repairs than for effective and successful climate action? This is how our prosperity is disappearing. We already have to adapt to ongoing climate change, but we should realize that our ability to adapt will diminish as climate change increases.

This grievance and the current voter behavior show that we have an education and awareness problem. Climate change and biodiversity loss affect all areas of life. For consistent protection, we need a broad appreciation of our natural resources, and we can only achieve this through education and the media if we set the right priorities. In schools and universities, we need cross-cutting topics in all subjects and a corresponding commitment from teachers. Politicians need to take control here, and the religious communities can help.

Rights of nature in constitutions

In Germany, the preservation of democracy is an essential foundation and consensus among the democratic parties. This is currently not the case when it comes to the existential problems of climate change and species loss. Democracy, climate action and biodiversity conservation together are the foundation of a healthy society and its healthy natural resources. There is only a small window of ten to twenty years left, at the end of which protective measures must have been successful. It is high time that all parties act on this foundation in a timely and consensual manner and give these existential issues constitutional status.

What is to be done? The constitutions of the world’s nations should formulate these foundations of human and natural existence and leave no room for harmful behavior in this standardization. In this way, new economic developments can only be permitted with renewables and fossil fuels can be phased out in the medium term. Social and international balance is essential on the way there.

But there is hope: The rights of nature have now been recognized in countries as diverse as Ecuador, Bolivia, New Zealand, India and Uganda, in some cases with constitutional status. It is time for our country to position itself accordingly, to explicitly include the climate and to end the cacophony of political parties on the issues of climate and biodiversity protection.

Ecologist Hans-Otto Pörtner is Professor of Integrative Ecophysiology at the Alfred Wegener Institute and the University of Bremen. He has contributed as author and coordinating lead author to various IPCC Assessment Reports and Special Reports.

  • Climate protection
  • COP28
  • Education
  • Fossile Brennstoffe
  • Klimaschutz

Climate.Table Editorial Team

CLIMATE.TABLE EDITORIAL OFFICE

Licenses:
    Dear reader,

    Just under four weeks before COP29, the EU has set out its position for the climate conference in Baku – but it lacks a concrete figure for climate financing. Lukas Knigge explains why this may be the wrong strategy. In contrast, more concrete progress was made at last week’s COP preparatory conference on carbon markets and Article 6 of the Paris Climate Agreement. We summarize the innovations presented by a panel of experts for you.

    Our “Ideas for the Climate” series today analyzes what mushrooms can contribute to climate action. Research and the first start-ups see mushrooms as a suitable alternative in the construction sector, for meat or leather. We have compiled a wide range of possible applications and the potential of mushrooms as a CO2 sink.

    In today’s Opinion, IPCC author Hans-Otto Pörtner calls for climate and biodiversity action to be given constitutional status just in time for the Biodiversity Conference in Cali (COP16). Time is running out in the fight against these two crises, argues Pörtner. He believes that politicians, as well as the media, have a duty to act faster and communicate crises better.

    We wish you a successful day!

    Your
    Lisa Kuner
    Image of Lisa  Kuner

    Feature

    COP29: The EU’s role in Baku

    Jennifer Morgan and Wopke Hoekstra will be two important European voices at COP29 in Baku.

    Europe has one main objective in Baku. At the UN Climate Conference in November (COP29), the circle of donor countries for international climate financing is to be expanded. This was decided by the ministers responsible for climate policy on Monday at the Environment Council in Luxembourg.

    Until now, the industrialized countries classified as such in the early 1990s have been paying for climate protection and adaptation measures in the Global South. According to the EU, this classification needs to be revised after three decades. Countries that have since achieved significant wealth and contribute to global warming with high greenhouse gas emissions should also be asked to pay – among them China and the oil- and gas-producing Gulf states.

    At the Environment Council, the EU states set out their official negotiation position for COP29. Among other things, it states:

    • The member states underscore the COP28 agreement on a transition away from fossil fuels.
    • The role of nuclear energy in the conclusions was long disputed. France and other nuclear countries wanted to establish nuclear power as one of many options for decarbonization. Germany and a faction of anti-nuclear countries wanted a special focus on renewables. Although the topic played hardly any role at the COP, it delayed the agreement for hours. Finally, they decided on wording from the COP28 agreement, in which nuclear energy is considered as one of many options.
    • The EU countries call for a new climate financing goal (NCQG) that is achievable and appropriate.
    • For the EU, the prerequisite for an ambitious NCQG is that the group of donor countries for international climate financing is expanded. Countries that are able to contribute should do so, demanded EU Climate Commissioner Wopke Hoekstra.
    • Developing and emerging countries that are already contributing should disclose this to create transparency.

    Europe building an ‘additional front

    However, the EU countries do not want to name a specific figure for the European contribution to the NCQG (New Collective Quantified Goal) for tactical reasons. They fear that their goal of expanding the circle of donor countries could fail if they commit to a specific sum now. Sven Harmeling, Head of Climate at Climate Action Network Europe (CAN Europe), does not consider this strategy effective. “It is building an additional front”, he says.

    In an interview with Table.Briefings, Harmeling criticizes that the EU lacks a clear strategy on how to win others as donor countries or get them to disclose their contributions to climate financing. At the same time, the EU must also clearly state that it bears the main responsibility for climate financing.

    The NCQG is the successor to the currently valid $100 billion goal, under which industrialized countries pay developing countries. “As long as the industrialized countries do not make it clear that they will go higher than the $100 billion this time, they should not set any conditions themselves”, Harmeling argues. He believes that their unwillingness to continue the $100 billion – and potentially contributing even less – neither reflects the global economy nor does it honor the historical responsibility of industrialized nations. Even the US has designated the $100 billion per year as a minimum for the NCQG. “Europe should signal more openness there”, demands Harmeling.

    Difficult framework conditions for the EU

    The reasons for Europe’s lack of openness are the challenging budgetary situations in major EU member states and the political debates over finances in their capitals. France is plagued by a massive budget deficit; in Berlin, budget disputes threaten to repeatedly fracture the governing coalition, and climate financing is declining. In Italy, priorities other than combating climate change and its financing prevail. Consequently, the EU heads to Baku weakened, especially on financial matters.

    The worst-case scenario is avoided, as Climate Commissioner Wopke Hoekstra remains in office and brings considerable experience to the climate negotiations and as a financial expert. However, the Hungarian Council Presidency is not considered particularly ambitious and is likely to limit itself to its moderating role within the EU in Baku. This places even more focus on the financially strained major member states during negotiations with other countries in Baku.

    “In the best-case scenario, the EU will have a strategy by the time of the COP on how far it can go in climate financing, both through public funding and development banks”, says Harmeling. Should the EU abandon its hard line on expanding the circle of donor countries, other nations might agree to disclose their climate financing and initiate a longer-term process to broaden the donor base, he believes.

    Although no such strategy is hinted at in the official conclusions of the EU member states, Climate Commissioner Hoekstra said on Monday evening that they want to ensure that more money from public and private sources is available for the neediest countries. Whether this will succeed remains to be seen. The current geopolitical situation creates a complicated negotiation scenario. Also, the positions of the COP participant countries are still, in some cases, very far apart, according to Hoekstra.

    A failure of the COP in Baku, similar to Copenhagen in 2009, would harm the EU above all, says Harmeling. “The European public is still relatively highly sensitized to these issues.”

    • Climate & Environment
    • COP29
    • EU climate policy
    • European policy
    • Klimafinanzierung
    • NCQG
    Translation missing.

    Circular economy: Mushrooms and their enormous potential

    Leather substitute made from mushroom mycelium – mushrooms can be a climate-friendly alternative in various areas.

    In the search for new materials that are climate-friendly and recyclable, biological systems originating from a species that has received little attention are coming to the fore: Fungi. They, or more precisely their roots, could do a lot for climate action in the future – for example as a building material, for insulation or as a meat substitute. This is suggested by studies and initial trials for large-scale applications of the new materials.

    “We are currently seeing the first commercialization by start-ups“, says Dirk Hebel, for example. He is Professor of Sustainable Building at the Karlsruhe Institute of Technology (KIT) and has been researching mushrooms as a building material for around eight years.

    Mushrooms as a compostable building material

    Hebel is enthusiastic: Panels based on mushroom mycelium could be used in the future wherever chipboard is used today. This is because they have a problem: They consist of a mixture of glue and wood, which is why they are almost impossible to recycle and are usually burnt at the end of their useful life – the CO2 stored in them escapes into the atmosphere.

    Similar stable plates can be produced from the fungal mycelium and organic residues such as wood or grass: The mycelium grows through the loose materials in search of nutrients and “sticks” them together in the process. The organism then dies through heating and the resulting dehydration, leaving behind a solid structure. But unlike chipboard, the new material is “completely biologically compostable”, explains Hebel. Mushroom mycelium as an alternative to synthetic adhesives, which are not compostable, is therefore a good approach for a circular economy, as the German government wants to enshrine in the National Circular Economy Strategy.

    Wolfgang Hinterdobler, co-founder of the Austrian company MyPilz, uses fungi in a completely different way in the fight against climate change. To this end, MyPilz has developed a service to make soil fungi available as beneficial organisms for agriculture – where they are supposed to combat plant pests and at the same time promote the build-up of humus in the soil. This binds CO2 in the soil because soil fungi quickly metabolize plant residues, form symbioses with the plant roots and thus build up and stabilize biomass in the soil. Ideally, farmers then need less fertilizer and pesticides. MyPilz isolates a local fungus from a local soil sample for this application. Farmers receive this in the form of fungal spores. The basic package for this service costs €1,345.

    Mushrooms in climate change

    The cultivation of mushrooms not only leads to lower emissions, mushrooms can also store large amounts of carbon. Last year, for example, a study concluded that mycorrhizal fungi store up to 13 gigatons of CO2 per year. This corresponds to around a third of CO2 emissions from the combustion of fossil fuels. A mycelium is the “fungal root” – a mycorrhiza is formed when a fungus envelops the finest roots of plants with the mycelium and thus enables an exchange between fungus and plant via the roots. Thousands of species of fungi form mycorrhiza, for example fly agarics, chanterelles, porcini mushrooms and truffles.

    The main reason why fungi can store so much CO2: Unlike plants, they are not able to photosynthesize, so they have to absorb sugar from other organic material. They decompose this very efficiently at the right humidity and temperature.

    The catch is that fungi do not store carbon permanently, but only temporarily. Research is currently being carried out into the conditions under which they can be used to keep CO2 in the soil as long and efficiently as possible.

    Meat substitutes, leather, glue – mushrooms have many applications

    Wolfgang Hinterdobler also sees great climate potential for mushrooms in the diet. Mushroom protein can be used as a substitute product for emission-intensive meat. The start-up Hermann.Bio, for example, produces the Fungi Pad, a meat alternative based on king oyster mushrooms. The company Quorn produces chicken nuggets and meatballs from mushroom protein and Revo Foods also offers fish and seafood substitutes made from mushrooms. According to studies, the production of one kilogram of mushrooms generates around two to three kilograms of CO2, while the production of one kilogram of beef emits around 100 kilograms of CO2.

    And mushrooms could also be used in many other areas: Shoe manufacturer Giesswein, for example, uses mushroom-based leather substitutes. Mushrooms that do not meet the standards of the food industry are used for this. You can also buy footballs, handbags or hats made from mushroom leather from the company Mycoworks. So far, these have tended to be high-priced designer products, but a study assumes that “mushroom leather” is even cheaper to produce than animal or synthetic leather.

    Climate solution with development potential

    I’m very positive about the future of the mushroom industry“, says MyPilz co-founder Hinterdobler. One major advantage is that the cultivation of mushrooms is easily scalable and hardly uses any land – mushrooms can be grown in industrial plants instead of on farmland.

    Currently, mushroom products are still being produced by small start-ups with “a lot of passion”, says scientist Dirk Hebel. There is still no stable market and no economies of scale. “We are also still experiencing a lot of reservations about the topic”, he says. People are afraid to touch the mushroom products because they think they are still living products. There still needs to be a bit of education. But Hebel is confident: In ten to 15 years, it will be possible to buy mushroom slabs in DIY stores. “I’m actually almost certain of that”, he says.

    Moreover, there is still a great deal of unexplored potential in the world of mushrooms, adds Wolfgang Hinterdobler. Less than one percent of the world’s mushroom species have been researched in detail to date. “If we have already come this far, then there is still a lot of potential for the future”, he says.

    • Circular Economy
    • Forschung
    • Kreislaufwirtschaft
    • Research
    • Technology
    Translation missing.

    News

    CO2 market: Draft Article 6 aims to protect environmental and human rights

    In the UN carbon market, there is to be a binding mechanism to protect human rights and the environment through a detailed risk assessment. This is a first in the UN climate process and one of the results of the COP29 preparatory conference in Baku, Azerbaijan. However, the states still have to approve the drafts drawn up at COP29 in Baku.

    The UN carbon market is regulated in Article 6 of the Paris Climate Agreement. There have been discussions about its exact form for years. No agreement was reached at COP28. The UN’s previous carbon market, the Clean Development Mechanism under the Kyoto Protocol, was repeatedly criticized for human rights violations.

    Sustainable Development Tool to be added to Article 6

    The new regulations on the protection of human rights and the environment are now to be enshrined in Article 6.4 as a “Sustainable Development Tool” according to a draft by the so-called “Supervisory Body” last week. In the future, project developers will not only have to explain how they contribute to reducing greenhouse gases but also how their projects contribute to other Sustainable Development Goals (SDGs). In the future, developers will have to complete a questionnaire covering eleven areas. The risk assessment is also to be checked by external auditors. This year, there had already been an agreement on a complaints and appeals procedure in connection with Article 6. kul

    • COP29

    Irena: Why the tripling of renewables is out of reach

    The world is at risk of falling massively short of the target agreed at last year’s climate conference to triple the capacity of renewable energies by 2030. This is the conclusion of a report by the International Renewable Energy Agency (Irena), which states that installed generation capacity would have to grow from the current 3,900 gigawatts to 11,200 gigawatts. With current national plans, the global expansion target would be missed by 34 percent, i.e. by more than a third. However, the International Energy Agency (IEA) emphasized in a recently published report that many national plans would probably be exceeded. According to the IEA, the target of tripling is within reach.

    According to Irena calculations, an almost threefold increase in annual investment is required to achieve the goal of tripling capacity. Investments would therefore have to increase from $570 billion to $1.5 trillion.

    Irena warns:

    • Developing and emerging countries still lack the money to switch to more climate-friendly technologies. Investments in renewable energies in Africa fell by 47 percent between 2022 and 2023.
    • The target of doubling energy efficiency is also at risk of being missed.
    • “Significant progress” is needed in the expansion of infrastructure, for example electricity grids, supply chains, expertise, financing and international cooperation. dpa/nib
    • COP29

    Generation capital: Greenpeace study casts doubt on sovereign wealth funds’ sustainability strategy

    The current sustainability strategy of the Nuclear Waste Management Financing Fund (Kenfo) does not sufficiently meet the requirements for sustainable investments. This is the conclusion of a study commissioned by Greenpeace, which was presented on Monday. The fund, which will manage the generation capital in the future and whose sustainability strategy is to serve as a blueprint for this, currently invests €1.3 billion or 5.5 percent of its portfolio in companies that are involved in environmental destruction or human rights violations.

    In the study, Greenpeace examined both the formal Kenfo sustainability strategy and its practical implementation. According to the study, the strategy has “significant gaps” that lead to investments being made in environmentally harmful companies and compliance with the goals of the Paris Agreement is not guaranteed.

    Exclusion of fossil fuel companies not expedient according to Kenfo boss

    Greenpeace criticizes the fact that the Kenfo portfolio includes “controversial” fossil fuel companies such as Saudi Aramco, Total Energies, Petrobras, Shell and BP, as well as the Brazilian beef producer JBS.

    However, Kenfo rejects the exclusion of fossil fuel companies for sustainability reasons. “If we no longer buy shares in fossil fuel companies, this will not save any CO2”, said Kenfo CEO Anja Mikus in an interview with Table.Briefings. This is because the shares are usually bought on the secondary market, i.e. by other shareholders. The purchase would therefore no longer have a steering effect.

    In the case of infrastructure projects, the fund has “excluded investments in new oil and gas production, oil and gas pipelines and refineries if they are not compatible with the 1.5-degree target”, Mikus said.

    Greenpeace recommends establishing exclusion criteria

    Generational capital needs stronger sustainability rules so that billions are not invested in environmentally destructive companies”, demands Mauricio Vargas, financial expert at Greenpeace and author of the study.

    In order to ensure “future-proof and ethically responsible investment”, Greenpeace therefore recommends enshrining ethical investment in law, establishing strict exclusion criteria and more transparency, and involving civil society actors more closely. ag

    • COP28
    • Finanzen

    CCS: Exxon leases offshore areas for CO2 storage

    Exxon Mobil has concluded lease agreements with the state of Texas for over 271,000 hectares in Texas state waters for an offshore CCS (Carbon Capture and Storage) project. The area is larger than the Saarland. This was recently announced by the US oil company. The offshore CCS projects should complement CCS projects on land. The CO2 is to be stored at a depth of 1.6 to 3.2 kilometers. Exxon has not yet provided any information about the duration of the lease, the conditions or the costs. Exxon had already acquired federal land in Texas for CO2 storage in 2021 and secured areas in the Gulf of Mexico last year as the highest bidder. The USA subsidizes CCS technology with tax rebates of USD 85 per tonne of CO2. rtr/lb

    • CCS
    • CO2-Speicher

    Climate risks: European university network wants to adapt teaching

    25 medical universities and faculties joined forces on Monday to form the European Network on Climate and Health Education (ENCHE). The network aims to inform more than 10,000 medical students about the health consequences of climate change and provide them with relevant skills. The network is coordinated by the University of Glasgow, and universities from Germany and France are also among the founding members.

    The network sees climate change as “one of the greatest health challenges”. Factors such as extreme temperatures and air pollution exacerbate infectious and chronic diseases – including vector-borne diseases such as malaria and dengue fever. Cancer, cardiovascular diseases, respiratory diseases and mental illnesses can also increase as a result. At the same time, five percent of greenhouse gas emissions come from the healthcare sector, mainly due to medical products and their emissions along the supply chain. In view of this, climate change is insufficiently integrated into medical studies, often limited to one module or one teaching unit, the network criticizes.

    The aim is to cooperate closely with the Global Consortium on Climate and Health Education (GCCHE) and the WHO. The network is also supported by companies from the healthcare sector such as AstraZeneca, Novartis, Novo Nordisk, Roche and Sanofi. An expansion to other healthcare professionals and partners in other regions is conceivable in the future. lb

    • Klimaforschung

    Futurologist: Why Berlin should adapt to climate change faster

    Berlin will have the climate of a southern European city “in an extremely short time”. This is the conclusion of a new study by futurologist Stephan Rammler on behalf of the Friedrich Ebert Foundation and in collaboration with the Potsdam Institute for Climate Impact Research. Under the title “Klimabauhaus Berlin“, Rammler looks at the consequences and possibilities of adapting to climate change. Berlin will have to adapt to the new world particularly quickly, as the capital is located in an extremely dry region of Germany.

    “Cities act like burning glasses for global warming”, says the study. The reason is obvious: dense development, reduced evaporation, lack of ventilation corridors – and lots of concrete and asphalt. This could also be an opportunity for the capital: “If politicians and civil society are willing to act early and decisively, Berlin could establish itself as a role model for a city whose social cohesion is even strengthened by tackling the crisis together.” However, this would require targeted political intervention. Long-term, culturally embedded adaptive innovations would have to be stimulated and stabilized in the short term. In general, constant, unrelenting climate adaptation will be one of the core tasks of urban development “in many centuries to come”. Will Berlin, of all places, be a trendsetter? “I’m an optimist”, says Rammler, because “all that remains is optimism”. kn

    • Anpassung

    Opinion

    Giving climate action and biodiversity protection constitutional status

    by Hans-Otto Pörtner
    The ecologist and IPCC author Hans-Otto Pörtner.

    32 years of the Framework Convention on Climate Change, 36 years of the Intergovernmental Panel on Climate Change – and no end to climate change in sight, what’s going on? We have known for decades that fossil fuels are the main problem. It was only last year that this was finally acknowledged in the final declaration of COP28. But if Der SPIEGEL is right, this insight will disappear from the texts again. We are on the wrong track, because rapid climate change, as we have triggered it, is causing massive damage, costing human lives and destroying nature as we know it.

    As climate change progresses, we are approaching the limits of controllability. Climate change, not climate action, will gradually take away our prosperity. Accordingly, we are defending prosperity with the wrong means if we think we need fossil fuels to do so.

    Turning point for climate and biodiversity

    We need a turnaround in climate protection worthy of the name. And we also need the same in biodiversity protection. Because these two existential crises are linked. Through heat, droughts and flooding, climate change is damaging biodiversity and the life-sustaining functions of ecosystems, including the ability to bind CO2 and naturally slow down climate change. Conversely, the release of greenhouse gases from dying forests, drying moors and thawing permafrost soils accelerates climate change and its effects on people and nature. Climate action and biodiversity conservation, also by solving the pollution crisis, have no alternative.

    The climate and the earth’s ecosystems function according to natural laws that are increasingly understood by science. In the social sphere, these laws can be compared to traffic rules; anyone who violates them risks serious accidents. The increasing number of climate catastrophes shows this: You cannot negotiate with the laws of nature, you have to respect them, just as you respect red traffic lights. Natural laws are not a matter of opinion.

    Nevertheless, there are many who have not actually understood the facts and the threat and see the necessary action as arbitrary. Some politicians’ phrases such as “climate policy with a sense of proportion” and “the earth will not perish tomorrow” reflect this problem. Slowing down, delaying and burying our heads in the sand are currently the dominant strategies in international climate policy and to some extent also at national level. However, decisive action is needed to make up for lost ground and limit climate change and its damage.

    Disasters will educate humanity eventually

    Let’s not fool ourselves: With inadequate climate action measures, advancing climate change will educate humanity and force change through ever worse disasters. “He who will not hear must feel” – as the saying goes. Despite this, many people are not prepared to act; those who put the brakes on decide for others, forcing climate change on them. But why are we prepared to risk our prosperity and pay six times more for disaster repairs than for effective and successful climate action? This is how our prosperity is disappearing. We already have to adapt to ongoing climate change, but we should realize that our ability to adapt will diminish as climate change increases.

    This grievance and the current voter behavior show that we have an education and awareness problem. Climate change and biodiversity loss affect all areas of life. For consistent protection, we need a broad appreciation of our natural resources, and we can only achieve this through education and the media if we set the right priorities. In schools and universities, we need cross-cutting topics in all subjects and a corresponding commitment from teachers. Politicians need to take control here, and the religious communities can help.

    Rights of nature in constitutions

    In Germany, the preservation of democracy is an essential foundation and consensus among the democratic parties. This is currently not the case when it comes to the existential problems of climate change and species loss. Democracy, climate action and biodiversity conservation together are the foundation of a healthy society and its healthy natural resources. There is only a small window of ten to twenty years left, at the end of which protective measures must have been successful. It is high time that all parties act on this foundation in a timely and consensual manner and give these existential issues constitutional status.

    What is to be done? The constitutions of the world’s nations should formulate these foundations of human and natural existence and leave no room for harmful behavior in this standardization. In this way, new economic developments can only be permitted with renewables and fossil fuels can be phased out in the medium term. Social and international balance is essential on the way there.

    But there is hope: The rights of nature have now been recognized in countries as diverse as Ecuador, Bolivia, New Zealand, India and Uganda, in some cases with constitutional status. It is time for our country to position itself accordingly, to explicitly include the climate and to end the cacophony of political parties on the issues of climate and biodiversity protection.

    Ecologist Hans-Otto Pörtner is Professor of Integrative Ecophysiology at the Alfred Wegener Institute and the University of Bremen. He has contributed as author and coordinating lead author to various IPCC Assessment Reports and Special Reports.

    • Climate protection
    • COP28
    • Education
    • Fossile Brennstoffe
    • Klimaschutz

    Climate.Table Editorial Team

    CLIMATE.TABLE EDITORIAL OFFICE

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