After three consecutive years of stable CO2 emissions, emissions are rising again. The Climate Change Performance Index 2019 (CCPI), published today at COP24 in Katowice, shows only few countries have started to implement strategies to limit global warming well below 2 or even 1.5°C. While there is a continued growth and competitiveness of renewable energy, especially in countries that had low shares before, the CCPI shows a lack of political will of most governments to phase out fossil fuels with the necessary speed. Because of that, in most countries the climate policy evaluation by national experts is significantly lower than in the last years.
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.
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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.
Bonn (November 15th, 2017). After a decade of rapid growth, we see a strong decrease in the growth rates of global CO2 emissions over the past years, sending signals for a decarbonisation of the global energy system. The Climate Change Performance Index 2018 (CCPI), published today at COP23 in Bonn, confirms these developments in Greenhouse-Gas-emissions (GHG), renewable energies and energy use for some countries but also still clearly shows a current general lack of ambitious targets and sufficient implementation for a Paris-compatible pathway.
52 major and medium-sized businesses of Germany call at the next German government to do better and more on reaching German and EU climate targets. Amongst the signatories are Adidas, Aldi, Deutsche Telekom, E.on, Hochtief, Metro, Nestlé, SAP and Siemens. Several industry players plus companies being energy intensive or invested into coal have come on board the declaration. Together, they represent more than 500,000 employees in Germany and about 1.5 million globally.
The G20 collectively are still far removed from demonstrating responsible stewardship in the area of climate protection. Yet individual countries – both traditional industrial nations such as Italy, France and to some extent Germany as well, and emerging economies like Brazil and India – have indicated possible pathways to decarbonization. This is the key insight provided by the G20 Climate Change Performance Index (CCPI), introduced by Germanwatch, the Climate Action Network (CAN) and the NewClimate Institute today. A day ahead of the G20 summit in Hamburg, the member states have highly diverse scores within the ranking.
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.
More than 40 major businesses and trade associations are demanding more climate ambition and a bold implementation of the Paris Climate Agreement in Germany. The companies, from a large variety of sectors, are encouraging the German government to adopt a long-term Decarbonisation Plan with a climate target at the upper end of the current target range of an 80 to 95 per cent reduction in greenhouse gases by 2050. Businesses need interim sector targets for the power, buildings, industry, transport and agriculture sectors, write the signatories, amongst them the construction major Hochtief, the electricity producer EnBW, the retailer Metro and Commerzbank. The declaration was coordinated by the business associations Foundation 2° and B.A.U.M. as well as the development and environment NGO Germanwatch.
The report, “Brown to Green: Assessing the G20 transition to a low-carbon economy” has been produced by Climate Transparency, and written by a range of international experts and was launched at a press conference in Beijing. With climate change high on this year’s G20 agenda, along with green finance, the assessment looks at a range of indicators on climate action, including investment attractiveness, investment in renewable energy, climate policy, the carbon intensity of both the energy and electricity sectors of the G20 economies, of their fossil fuel subsidies and their contributions to climate finance.
The G20 needs to make more effort to move to a green, low-carbon economy, especially in the areas of coal power expansion and climate policy, but is beginning to head in the right direction. This is the key result of a comprehensive assessment of G20 climate action, released in Beijing today ahead of the G20 summit in China this weekend. The report, “Brown to Green: Assessing the G20 transition to a low-carbon economy” has been produced by Climate Transparency, and written by a range of international experts and was launched at a press conference in Beijing.