All posts tagged: Paris Agreement


Wanted: a double reorientation of energy finance

Several countries’ national determined contributions (NDCs) highlight climate finance as a precondition for the ambitious action needed to achieve development paths compatible with limiting global warming to 1.5°C in 2100. Many hopes have been pinned on new market mechanisms in this context, but the trade-offs demanded by carbon trading schemes continued to be hotly debated at the UNFCCC last week, not least due to their political and economic implications. Laima Eicke reports

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Financing of coal power by G20 states is undermining the Paris climate agreement

In the upcoming days Japan will hosts its first ever G20 Summit. As the main contributers to global warming, the G20 states agreed 2009 on a phase out plan of fossil fuel subsidies. Ten years later the failure of the G20 to act on global warming is evident: around $63.9 billion was spent by G20 countries this year to develop coal industries in the global south. Dr. Rainer Quitzow reveals the facts.

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EU’s environmental direction at the stake in the upcoming elections

Multi-lingual, multi-cultural and multi-ethnic, over 400 million voters Europeans from 28 member states are poised to elect a new Parliament and European Commission President. Given its lead position on climate and energy issues, and under pressure to accept more American fracked fossil gas, their decision will have global ramifications. L. Michael Buchsbaum takes a look.

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