Over the next few months, countries will be releasing the next generation of climate plans known as National Determined Contributions (NDCs). Read our open letter detailing the '10 tests' for global leaders to stay on track and limit global warming to 1.5°C, to avoid catastrophic climate change.
Pariser Klimaabkommen
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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. In the second article of our briefing series "Full Disclosure: Monthly Briefing on EU Corporate Transparency Regulation", we aim to shed light on the revision the EU Non-Financial Reporting Directive carried out by the European Commission.
The Paris Agreement sets out the ambitious task of aligning all financial flows with its goals to avoid the worst impacts of warming. Multilateral Development Banks (MDBs) have an important role to play in making this goal a reality.
The so called rulebook agreed at the Climate Summit in Katowice, Poland (COP24) in December 2018 provides a solid technical basis for the global implementation of the Paris Climate Convention. To avert the climate crisis, however, it is essential that all states show significantly more political will to implement the agreement swiftly. In this follow-up paper, we present the most important decisions, above all on the elements of the implementation guidelines and - where relevant - the political compromises between the states on them. We also analyse where we consider the rules to be robust enough - and where not.
© 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.