In Belém, Germany had announced a contribution of €1 billion to the Brazilian Rainforest Fund. Just in time for Brazilian President Lula’s visit to the Hannover Messe, the remaining details were announced. The KfW is also set to participate.
By Lukas Knigge
Countries are overestimating possibilities of removing carbon from the atmosphere using land-based technologies and neglecting emissions reductions: This is a key finding of the new Land Gap Report, whose authors call for tax and trade reforms as well as debt relief.
By Alexandra Endres
In Belém, the German Chancellor primarily wanted to send a message to his own country: Rather than presenting new ideas, he emphasized his government’s economic policy priorities of competitiveness and innovation. According to him, they do not preclude taking action to tackle climate change.
By Lukas Knigge
Brazil’s proposal to save the rainforests, the TFFF investment fund, is to be managed by the World Bank. Critics describe the TFFF as incomplete and financially risky and are calling for improvements. Brazil defends its plans.
By Lukas Knigge
