The SB60 interim conference in Bonn ended with small steps forward. There was agreement on very general targets for the big-ticket issue of climate finance. However, the conference is still waiting for a strategy from the next COP presidency.
By Bernhard Pötter
At the Bonn interim climate conference, there was little progress in the negotiations on more financial aid for poorer countries in the fight against the climate crisis. Observers are calling for the next COP host to speed up the processes. Failure would have grave consequences for the next national climate targets.
By Nico Beckert
The German government has promised six billion euros annually for international climate action from 2025. Cuts to Germany's national budget have put this pledge in jeopardy. The government can get around the problem in the short term with "creative budget management."
By Bernhard Pötter
The first budget of New Zealand's new government does not provide any fresh money for climate action. Instead, several billion in already budgeted climate funds will be cut in order to finance tax cuts. How New Zealand intends to achieve its climate targets in this way seems questionable.
By Nora Hübchen
This overview by Table.Briefings highlights what key African countries need to implement their NDCs (Nationally Determined Contributions) with their own efforts and external assistance. Climate financing is crucial for many, particularly for Kenya, Nigeria and Uganda.
By Viktor Funk
The “interim COP” SB60 has begun in Bonn. 6,000 delegates from around the world are working to clear as many obstacles as possible for an outcome at COP29 in Baku this November. Here are the most crucial and hotly contested topics to watch in Bonn.
By Bernhard Pötter
According to OECD figures, developed countries mobilized almost 116 billion US dollars for climate financing in 2022. This is the first time they have exceeded the target of 100 billion. This boosts negotiations on a new climate finance target. Whether the trend will continue is unclear.
By Nico Beckert
Raising taxes on the rich would punish prosperity without saving the climate. On the other hand, emissions trading plus climate money is effective, efficient and social at the same time – and therefore ideal for the green transformation.
By Experts Table.Briefings
The Petersberg Climate Dialogue took the temperature of the negotiations in the run-up to COP29. The result: old and new demands for finance, an alliance for better climate plans and, with Azerbaijan, a confident next host. There are still many unanswered questions.
By Bernhard Pötter
The Science Based Targets Initiative (SBTI) advocates for CO2 compensations based on scientific standards. Within the initiative, there is now a conflict: Representatives of market mechanisms are clashing with defenders of scientific integrity.
By Redaktion Table
