Climate

In May 2022, the G7 environment, climate, and energy ministers announced the launch of the G7 Hydrogen Action Pact (G7-HAP), which prioritises six areas for the G7 to support the development of a global low-carbon and green hydrogen market. Germany should use its remaining G7 presidency to specify these areas. Most importantly, the G7 should clearly focus their activities on green hydrogen and work on establishing sustainability standards right at the beginning of the market ramp-up.

The Just Energy Transition Partnership (JETP), announced last year with South Africa, aims to reduce emissions in the energy sector and accelerate the coal phase-out process. The partnership, first announced in COP26 with the promised value of 8.5$ billion, was then followed by a G7 announcement for a similar partnership in India, Indonesia, Senegal, and Vietnam. As an important thread in the social fabric of many countries, it is crucial for CSOs to be involved in providing input and monitoring the partnership process, especially as Indonesia and India are preparing their own JETP.

The German government planned on making climate and sustainability the main topics of its G7 presidency. In this briefing, we outline what the G7 Leaders’ Summit was able to achieve, which gaps remained, and where to go from there.

Outstanding scientific research is exploring tipping points’ development and dynamics. Lacking, however, is a systematic approach that translates scientific research into concrete recommendations. Also lacking are targeted calls for action for political decision-makers in affected countries and regions, as well as the international community. An early warning system in the form of a regular report could fill this gap.

In its coalition agreement, the German government has set itself the goal of expanding offshore wind energy to 70 GW by 2045. This target is polarising. On the one hand, offshore wind energy has a high number of full load hours and can thus make a reliable contribution to decarbonisation. On the other hand, the expansion of 70 GW of offshore wind energy is very likely to increase the need for grid expansion, raise issues of marine protection and bring challenges such as the timely availability of resources.

The climate lawsuit of the Peruvian Andean farmer and mountain guide Saúl Luciano Lliuya against the energy company RWE has entered the decisive phase six and a half years after the lawsuit was filed: After a long delay, especially due to the Corona pandemic, a site visit took place this week in the Andean city of Huaraz. Judges of the Higher Regional Court (OLG) of Hamm (Germany), legal advisors and experts travelled to Peru to examine whether the plaintiff's house is threatened by a possible flood wave from the glacier lake Palcacocha above the city. The entire danger zone in Huaraz actually covers an area where around 50,000 people live.

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.