A week before the start of COP26, the commitment of some industrialized countries is slowly gaining momentum. A report on the US$100 billion target indicates that the willingness to take financial responsibility for climate change is increasing. Nevertheless, the targets will not be met for the time being. Higher contributions are expected primarily from the private sector.
By Lukas Knigge
Shortly before the COP26 climate summit in Glasgow kicks off, the global energy crisis is hitting China particularly hard. The government is ramping up coal-fired power generation following blackouts across the country. At the same time, President Xi is announcing a massive program for solar and wind. How much longer is China able to rely on both – and still reach carbon neutrality by 2060? That will be one of the key questions of the climate conference.
By Christiane Kuehl
It is high time to end the financing of fossil fuels, write Werner Hoyer and John Murton in this Opinion. For the climate transition to succeed, global solidarity and international investment in clean energies are needed from now on.
By Redaktion Table
