In addition to amplifying extreme weather events, climate change also causes or intensifies slow-onset processes such as sea-level rise, desertification, biodiversity loss or permafrost thaw. Both types of climate change impacts cause loss and damage, impede the enjoyment of human rights and can be drivers for human mobility.

Loss and Damage due to climate change impacts is already a reality. Not only but most existentially for vulnerable developing countries and communities around the world that have contributed least to the climate crisis.

At the second Finance in Common (FiC) Summit on 19 and 20 October 2021, 500 public development banks could jointly raise their ambitions to support sustainable development globally. The fastest growing development bank in the world, the Asian Infrastructure Investment Bank (AIIB), plays a crucial role for infrastructure investments in Asia where the majority of future infrastructure projects will take place. A framework report produced by Germanwatch and collaborating NGOs from Asia analyzes the AIIB’s opportunities to align with the Paris Agreement and suggests ten climate-resilient and pro-poor principles for more sustainable and socially inclusive infrastructure.

COP26 is often considered the most important since the Paris Agreement was adopted in 2015. Its context underlines the urgency: In the summer of 2021, people across the globe experienced extreme weather events and their consequences. The climate summit in Glasgow – in conjunction with the G20 summit shortly before – holds the potential to significantly accelerate climate protection efforts worldwide.

The G20 countries have a special role to combat climate change - they are responsible for a majority of global emissions.

30 years ago the Weimar Triangle was founded to promote European integration and to strengthen political ties between Poland, France and Germany.

Due diligence affects all companies, as it enables to properly assess relevant risks and impacts. While investors and customers show growing awareness of companies' impacts along the value chain, many companies still provide limited detail. In the sixth article of our briefing series “Full Disclosure” we examine how corporate due diligence legislation relates to sustainable finance and what questions a legislative proposal needs to answer to avoid greenwashing and support comparable due diligence.

A so-called delegated act is currently being discussed at EU level, which is to provide criteria for the designation of antimicrobials that are reserved solely for humans and can then no longer be used in animal husbandry. On 15 September, the EU Parliament will decide on an objection to this delegated act.