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The expansion of agricultural land for the production of animal feed or palm oil is the biggest driver of loss and degradation of forests and other natural ecosystems worldwide. The EU’s demand for these so-called forest and ecosystem risk commodities plays a significant part in global deforestation linked to international trade.
At the forthcoming G7 Ministerials this week and next, Germany should push for stronger joint efforts to exit international fossil fuel financing. Considering the latest IPCC findings and the urgent need to stop investment in coal, oil and gas, the financial activities of public finance institutions (PFIs) play an important role to achieve the goals of the Paris Agreement. This paper analyses the alignment of German and Korean PFIs’ climate and sector strategies with the Paris Agreement and makes recommendations on how their strategies can align with a 1.5°C goal.
The European Union is in the process of redefining the ecodesign criteria for products in several legislative proposals. Together with 37 European organisations and companies, Germanwatch publishes an open letter calling on legislators in the EU to make use of the historic chance by introducing the universal right to install any software on any device, including full access to hardware.
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(bis 15.6.24 in Politischer Fokus-Zeit)