To reach the Paris Agreement climate goal, and stay under 2°C warming, emissions will need to peak in the coming years and be reduced to zero by 2050. China, India and the US play a key role in achieving this target as they emit over 50% of the global CO2 emissions and are by far the largest markets for renewable energies.
The Allianz Climate & Energy Monitor Deep Dive aims to inform investors and policy-makers on the scale of investments needed in China, India and the US to be in line with the Paris goals; and what recent developments, especially regarding the leadership change in the US, mean for investing in renewable power in the future.
In the latest publication of the project Middle East North Africa Sustainable ELECtricity Trajectories (MENA-SELECT), the authors Boris Schinke and Jens Klawitter (Germanwatch) together with Maurice Döring (BICC), Nadejda Komendantova (IIASA), Jenan Irshaid (IIASA) and Joanne Bayer (IIASA) develop criteria and indicators for conducting a sustainability assessment of different electricity generation technologies.
The Brown to Green Forum discussed with high-level representatives and experts from G20 countries how to increase ambition for climate action in the G20. It explored policy options, opportunities and new coalitions within the G20 and particularly discussed the role of the financial sector to drive the shift from fossil-fuel to low-carbon investments. Climate Transparency further presented a comparison of G20 countries’ climate action.
The landmark Paris Agreement and the Agenda 2030 provide a new framework for transitioning to a GHG-neutral and climate-resilient future, and towards truly sustainable development. The G20 as a forum of the leading industrial nations and emerging economies provides a platform for joint action towards achieving these global goals. Shifting global investment towards green finance, sustainable infrastructure and the global transition to renewable energy is one of the most urgent tasks ahead, and can only be reached by international cooperation.
On November 30th, the eve of the German G20 Presidency, Germanwatch and Stiftung Mercator hosted an expert dialogue on climate and energy policy priorities for the G20. The outgoing Chinese Presidency had put the implementation of Agenda 2030 and the Paris Climate Treaty on the G20 agenda, emphasizing green finance and infrastructure investment. International experts and 60 guests from politics, business and civil society discussed what the German G20 presidency can and should do to counter the global climate crisis against the background of the current changes in the political landscape.
Today, the Regional Court Essen dismissed the civil suit of Peruvian mountain guide Saúl Luciano Lliuya against RWE. The legal process is likely to continue: Attorney Verheyen announced that her client will “most likely” present an appeal at the Higher Regional Court Hamm.
In the “climate suit” of Peruvian mountain guide and small farmer Saúl Luciano Lliuya against RWE, the regional court in Essen has announced that it will decide on December 15 whether the suit will proceed to the evidentiary phase. Thus it remains unclear whether, for the first time, a German civil court will probe in detail the question to what extent big contributors to climate change must pay for the costs of preventative measures against the risks that others face in the course of global climate change. The claimant Saúl Luciano Lliuya and his attorney Dr. Roda Verheyen (Hamburg) are optimistic. “In an open proceeding, we laid out why our claims are valid and legitimate, and why this is a matter that the regional court must consider”, says attorney Roda Verheyen.
With the historic Paris Agreement having recently entered into force, this year’s Climate Change Performance Index (CCPI) 2017 confirms a boost for renewable energy and positive developments in energy efficiency. While these encouraging trends are happening on a global scale, the necessary energy revolution is still happening too slowly. Jan Burck, Germanwatch, key author of the CCPI comments: "The conditions for a global energy revolution have never been better. Due to the falling costs of renewable energy and efficiency technologies, national governments have no more excuses not to enshrine the Paris Agreement into national law."
Under the Paris Agreement, climate action was anchored in the context of international law. This requires countries to make their own unique contribution to the prevention of dangerous climate change. The next crucial step to follow this agreement is the rapid implementation by the signing parties of concrete measures to make their individual contributions to the global goal. For the past 12 years, the Climate Change Performance Index (CCPI) has been keeping track of countries’ efforts in combating climate change. The varying initial positions, interests and strategies of the numerous countries make it difficult to distinguish their strengths and weaknesses and the CCPI has been an important tool in contributing to a clearer understanding of national and international climate policy.
The Climate Change Performance Index is an instrument designed to enhance transparency in international climate politics. Its aim is to put political and social pressure on those countries which have, up until now, failed to take ambitious action on climate protection. It also aims to highlight those countries with best prac-tice climate policies.