Blogpost | 26 October 2023

Germany's new export credit guidelines to boost clean energy investment

Hafenkräne im Halbdunkeln

Germany’s Ministry for Economic Affairs has announced new climate related sector guidelines for export credit guarantees and investment guarantees that would prevent support for almost all new fossil fuel projects from 1 November onwards. A limited number of gas projects may still receive support if they fulfil national security requirements or prove they can aid short term supply shortages, which is unlikely to be the case. Third countries are concerned about the potential drop in investment; this should be addressed by investing the billions now saved from servicing fossil fuel projects in clean energy instead.

True Partnerships with India for a just transition

24.10.2023
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India’s transition towards a low-carbon economy is central to achieving global climate goals. How can international cooperation support Indian efforts? In our policy brief, we argue that “True Partnerships” between India and the Global North should put the poeple, equity, and climate action at the core of cooperation, to achieve a transition that is green and just.

Policies for a sustainable hydrogen economy in Europe

17.10.2023
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While green hydrogen will play a vital role in decarbonising our economy, it is not the primary solution for emissions reduction. Instead, energy efficiency and savings, renewable electricity expansion, and direct electrification are the top three approaches for reducing emissions. However, green hydrogen becomes essential in certain applications such as steelmaking and other industrial processes, as well as for long-distance aviation and shipping, and it can be beneficial in seasonal energy storage. This policy brief spells out principles that should guide the development of a regulatory framework to advance a green hydrogen economy in Europe.

News | 12 October 2023

Germanwatch strongly condemns the recent series of arrests of climate, energy, and environmental activists and experts in Vietnam

As an independent development, environmental, and human rights organisation engaged for sustainable global development, Germanwatch strongly condemns the recent series of arrests of climate, energy, and environmental activists and experts in Vietnam. The shrinking civil society space is concerning not only for the people involved in the organisations but also poses a threat our collective efforts towards a climate-resilient and sustainable future.

Press Release | 29 September 2023

Launch of EU carbon tariff can advance climate policy worldwide

Pressemitteilung
New CO2 border adjustment CBAM facilitates ambitious EU climate policy through effective competition protection for companies in the EU / Need for faster introduction and reform on revenue use

Germanwatch welcomes the launch of the pilot phase of the EU Carbon Border Adjustment Mechanism (CBAM) this Sunday as a major milestone in European climate policy. Christoph Bals, Policy Director of Germanwatch, says: "With the introduction of the Carbon Border Adjustment Mechanism, the EU has achieved a coup: By levelling the international playing field for industrial companies, it enables high carbon prices in the EU Emissions Trading Scheme ETS and thus sends an important signal that it is serious about its industry’s transition to climate-neutrality. The CBAM also creates an incentive for EU's trading partner economies worldwide to speed up their transformation."