The outcome of the UN climate conference is one of ambivalence: while there is strong momentum for phasing out coal and pressure being placed on reluctant climate action, for the 1.5 degree limit to come within reach, China in particular needs to improve its climate target soon and the US needs to implement its very well. In addition, results on the issue of Loss and Damage are insufficient.
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.
30 years ago the Weimar Triangle was founded to promote European integration and to strengthen political ties between Poland, France and Germany. On the occasion of the EU Environment Council on the 6th of October and this year's anniversary of the Weimar Triangle, major environmental organizations from the three countries are calling for the establishment of a Green Weimar Triangle with new coordination and exchange formats for an intensive climate dialogue.
No company can afford to ignore the financial risks of climate change. This also applies to small and medium-sized enterprises. To reduce these financial risks for companies and investors, it is crucial to be transparent. In the fifth article of our briefing series “Full Disclosure” we examine how small and medium-sized enterprises can benefit from forward-looking reporting requirements.
This Germanwatch study analyses CBAM perceptions in major EU trading partners and provides recommendations on how to increase their acceptability of the instrument. The study reveals that one of the keys for international acceptance of an EU CBAM is revenue recycling. The EU should use CBAM revenues to support the green transition of trading partners affected by the CBAM. We show that through a smart CBAM, complemented by offers of climate partnerships, the EU can set new standards of global climate cooperation.
This year will be key for future climate policy and especially for sustainable finance in Germany and Europe. Sustainable finance plays a crucial role in improving climate protection and sustainable growth. To this end, Germanwatch joined forces with the Alliance for Corporate Transparency in order to push towards greater corporate responsibility and disclosure requirements to meet the EU and Paris climate targets.
This is the fourth article of our briefing series “Full Disclosure: Monthly Briefing on EU Corporate Transparency Regulation”, in which we aim to shed light on the need for and benefits of forward-looking reporting requirements in a changing EU regulatory environment.
In the light of the upcoming EU summit on 24 and 25 May and the publication of the European Commission's "Fit for 55" package, leading environmental NGOs from Poland, France and Germany joined together for the first time to challenge their governments and the EU. They are calling for more climate ambition, more solidarity among member states and responsibility of the member states for adopting the targets.
While the regions Greece, Kosovo and Serbia face common challenges like high unemployment, depopulation and brain drain – trends like decarbonisation and energy transition are supplementary hindrances. This Blog provides an assessment of the internal and external environment for each region and how the "Green Rural Deal-Project" will bridge them towards a low-to-zero-carbon development and serve as a "proof of concept" that even for the most deprived regions, the transition provides multiple benefits.