With climate change extreme weather events such as floods, droughts or storms are increasing in frequency and severity. They put people and their livelihoods under risk – especially the poorest and most vulnerable communities in developing countries. The need for managing these climate risks is becoming more pressing as global temperatures rise. Tools that have been gaining attention and promotion in recent years are climate risk insurance and insurance-related instruments.
The Global Climate Risk Index 2019 analyses to what extent countries and regions have been affected by impacts of weather-related loss events (storms, floods, heat waves etc.). The most recent data available — for 2017 and from 1998 to 2017 — were taken into account. The countries and territories affected most in 2017 were Puerto Rico, Sri Lanka as well as Dominica. For the period from 1998 to 2017 Puerto Rico, Honduras and Myanmar rank highest.
Most G20 countries including several of emerging countries enhanced their conditions for investments in low-carbon energy in the past year. Nonetheless, more renewable energy investments have to be undertaken in order to meet the Paris climate targets. In addition, the G20 would need to develop and implement more ambitious, consistent and transparent long-term strategies to improve the investment climate for renewable energies. These are the key findings of the Allianz Climate and Energy Monitor 2018, published today.
Der Allianz Klima- und Energiemonitor vergleicht die G20-Staaten hinsichtlich ihrer Attraktivität für Investitionen in eine emissionsfreie Energie-Infrastruktur. Zudem berechnet er den momentanen und künftigen Investitionsbedarf – davon ausgehend, dass die Klimaziele des Pariser Abkommens, deutlich unter 2 Grad bzw. möglichst 1,5 Grad Erwärmung, eingehalten werden sollen. Der Monitor wurde zum dritten Mal von der Allianz SE in Kooperation mit Germanwatch und dem NewClimate Institute erstellt.
The 24th Conference of the Parties (COP24) will be held from 2 to 14 December 2018 in Katowice, Poland. The task for this summit is to show that, even with political headwinds, the international community is able to respond to the increased urgency of the climate crisis. With a package of three decisions, COP24 will be a success. In this Background Paper, Germanwatch sums up its expectations towards COP24.
© Climate Transparency
The Brown to Green Report is the world’s most comprehensive annual review of G20 climate action, assessing progress on decarbonisation, climate policies, finance, and vulnerability to the impacts of climate change. The report is published annually by Climate Transparency, a global partnership of 14 climate research organisations and NGOs from the majority of G20 countries, many from emerging economies. Germanwatch is one of the main authors.
© Climate Transparency
82% of the G20’s energy supply still comes from fossil fuels, according to the 2018 Brown to Green Report, released today. In Saudi Arabia, Australia and Japan fossil fuels make up even more than 90% of the energy supply, with little or no change in recent years. The 20 major economies play a key role for achieving the Paris targets because they alone account for 80% of global greenhouse gas emissions.
In November 2015, Saúl Luciano Lliuya, a Peruvian farmer living in Huaraz in Peru, filed a lawsuit in Germany against RWE, Germany’s largest electricity producer. Mr Lliuya claims that his house in the village of Huaraz is at imminent risk of being damaged or destroyed due to an outburst flood from a glacial lake, caused by the melting of glaciers linked to climate change.
We are slowly approaching ECL's finish line. lt is weil over a year since our exchange in Germany. As we heard from you and some of you also involved in applying your ECL-knowledge. Currently CAN Tanzania and Germanwatch are fighting in Katowice for higher ambition in mitigation, more climate finance and the decision about a good rulebook for the Paris Agreement. Good luck to our folks there!
In this newsletter, we want to give you a short summary of our work and the last months of the first (maybe) ECL.
In this paper, we explore the Fund’s role in the future climate finance architecture, taking into account past and current debates in international climate negotiations. The paper also seeks to inform these debates, particularly discussions related to operating modalities, safeguards, and governance of the Adaptation Fund.
