While researchers estimate that 391,000 people will die from the effects of extreme heat in poor countries by 2050, the figure for rich countries – based on roughly the same population size – is 39,000 deaths. In the Global North, climate change-related mortality is declining.
By Kai Schöneberg
The European Social Climate Fund will be launched on Jan. 1 to offset the costs of carbon pricing. Member states must decide how to spend the money in advance; but Germany has not presented its plan yet.
By Lukas Knigge
On Friday morning, the COP Presidency published its long-awaited draft texts. A tripling of adaptation finance is included, albeit in a weaker form than some had hoped. But the major upset is the lack of a fossil fuel phase-out.
By Lukas Knigge, Alexandra Endres and Nico Beckert
At COP30, the horse trading for wording and compromise is underway: On Tuesday, the Presidency published the first draft texts which reveal the initial outline of a possible negotiated outcome. In particular, a push to phase out fossil fuels is gathering pace.
By Lukas Knigge, Alexandra Endres and Nico Beckert
The “Baku to Belém Roadmap to 1.3T” makes specific proposals for greater climate funding. However, it is unlikely that rich countries will make any new financial commitments at COP30. At least there is hope for a new aviation levy.
By Nico Beckert
According to their own figures, the EU and its member states raised EUR 31.7 billion to combat global climate change in 2024 and mobilized EUR 11 billion in private finance using public funds.
By Nico Beckert
Shortly before the COP30, the most important finance ministers make cautious proposals for the future of climate financing. Why they were watered down – and what conflicts are looming at the climate conference.
By Nico Beckert
Their short-term focus makes financial markets blind to the climate crisis. But too little is happening to change this. Together with more than 50 organizations from around the world, Finanzwende e. V. is calling on the supervisory authorities to finally address climate risks decisively.
By Daniel Mittler and Magdalena Senn
Germany is still keeping its word when it comes to pledges for international climate financing. In 2024, EUR 11.8 billion were contributed, EUR 6.1 billion from the budget. But this is likely to change soon, with cuts looming.
By Lukas Knigge
Tapping into climate financing and presenting African solutions: These were the priorities of the 2nd African Climate Summit. The summit in the capital Addis Ababa was also Ethiopia's dress rehearsal for its bid for COP32. The country also presented its new NDC.
By Lukas Bayer
