In 2021/22, a record 1.3 trillion dollars was invested worldwide in combating the climate crisis. At the World Bank meeting, countries pledged more money for the protection of common goods. German Climate Envoy Jennifer Morgan also emphasized the responsibility of wealthy emerging countries to contribute financially.
By Bernhard Pötter
A coalition of frontrunner nations launches an ambitious project at the World Bank Conference: A global climate tax is to be adopted at COP30 in 2025. Taxes on financial speculation, fossil fuels, flights and shipping could raise billions for climate action.
By Bernhard Pötter
Climate financing and structural reforms are key topics at the spring meeting of the World Bank and IMF. The World Bank in particular is changing in order to respond faster and better to the climate crisis. But important questions remain unanswered.
By Bernhard Pötter
According to UN climate chief Simon Stiell, the existing climate plans of UN countries will hardly reduce emissions by 2030. He said humanity only has "two years to save the world." In the run-up to the IMF and World Bank spring meetings, Stiell has a clear idea of what is needed to achieve this.
By Bernhard Pötter
The green transformation of the German economy requires billions in investment – and the money is there. The government could make it available through higher taxes while simultaneously limiting social conflicts.
By Experts Table.Briefings
The decarbonization of the European industry will be costly. E3G, Share Action and WWF therefore recommend, among other things, dismantling barriers for consumers who want to invest sustainably and creating more incentives for private investments.
By Lisa Kuner
Avinash Persaud is the architect of the "Bridgetown Initiative" for equitable climate finance. As a close advisor to Barbadian Prime Minister Mia Mottley, he advocates for financial system reform and higher taxes on fossil fuels used in shipping and aviation.
By Jule Zentek
The new strongman at the helm of China's financial regulator is known for his boldness and for stimulating the economy with megaprojects. Initiatives labeled "green" could benefit from his appointment.
By Experts Table.Briefings
Uganda has presented its energy transition plan: The government wants to eliminate energy poverty with renewables, an oil pipeline and a nuclear project and ensure a climate-neutral energy supply by 2065. This will require billions, including foreign investment.
By Viktor Funk
This year was a pivotal year for climate policy: record temperatures, the start of the fossil fuel phase-out, the success of renewables, debates about financing. But what really mattered? A review of 2023.
By Bernhard Pötter
