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Russia, the world’s third largest oil producer, is caught between two futures: diversify its fossil fuel based economy in response to changing energy markets and the end of the raw super cycle, or to restore Russian positions in fossil energy markets. While Russian leadership is torn on the subject, the future of the 1.5 degree goal hinges on the direction the nation will take.
Climate policy in Turkey is shaped by the country’s fossil-fuel based energy strategy, while domestic demand for more ambitious climate action is weak. Current energy market dynamics and joint G20 strategies to align markets with the Paris Agreement might, however, provide impetus for change. Turkey displays similar traits with other emerging economies: Above the global average GDP growth rate, increase in energy demand and GHG emissions, and a yet-to-decouple correlation among these three indicators. Yet, there are discrepancies as well.
For the first time, Canada has a framework that brings the federal government, most provincial and territorial governments, and all major economic sectors together on a shared path of climate action. This puts Canada into position to join other countries in showing significant international climate leadership. After the recent G7 Summit outcome in Taormina, the upcoming Canadian G7 presidency will be decisive to push climate action forward.
Phase-out and reallocation of fossil fuel subsidies (FFS) is a low-hanging fruit for financing and implementing the UN Sustainable Development Goals (SDGs). FFS reform has been included in the SDG architecture as a means of implementation for SDG 12 on sustainable consumption and production, but its linkages with other Goals should be taken into account to catalyze action on multiple issue areas.
Germanwatch-Blogger:innen
Real name
Senior Advisor – Low-Carbon Strategies & Energy, Project Lead Climate IndicesReal name
Head of Division – German and European Climate PolicyReal name
Senior Advisor – Climate Finance and InvestmentsReal name
Policy Advisor – Development Banks and ClimateReal name
Senior Advisor – Climate Finance and AdaptationReal name
Head of Division – Corporate AccountabilityReal name
Senior Advisor – Agricultural Policy and World Trade | Project Leader – Climate-Friendly AgricultureReal name
Head of Division – Education for Sustainable Development, Promoter for Climate & Development in North Rhine-WestphaliaReal name
Head of Division – International Climate PolicyReal name
Senior Advisor – Climate and Development – IndiaReal name
Senior Advisor – Climate and Transport