When the UN Climate Change Conference COP28 opens its doors in Dubai tomorrow, climate finance could be one of the keys to success. What specific issues are on the agenda and what results are possible? An overview.
Like COP27 in... more
For 2023 and 2024, the federal government’s forecast indicates declining funds for climate finance. Despite this, the federal government is confident that it will meet its six-billion pledge. That does not seem to add up.
By 2025 at the latest,... more
These days the German government submitted its 2022 climate financing figures to Brussels, as required under an EU regulation. According to the figures, Germany has fulfilled its €6 billion pledge three years earlier than promised. Worth a quick analysis.
A... more
After the replenishment conference for the Green Climate Fund, the most important multilateral climate fund has secured around $9.3 billion in new pledges for the 2024-2027 funding period. It should have been twice as much; several countries, including the US,... more
Over the next two weeks, the SB58 climate talks will be held in Bonn, advancing the international climate regime and preparing the next UN climate summit COP28 in Dubai at the end of the year. Again, climate finance will be... more
The upcoming UN Climate Change Conference COP27 takes place in a time of multiple global crises. Success is uncertain but urgently needed, including on climate finance. What can we expect?
The COP27 faces particular challenges – not least the war... more
The federal government has now presented its official figures on climate finance in 2021, showing that amounts have indeed increased. Here is a closer look at the figures.
According to the German Federal Ministry for Economic Cooperation and Development, budget... more
With its draft federal budget for 2023, the German government wants to keep climate finance for developing countries down at the 2021 level – thus moving further away from its 2021 pledge and eroding the carefully crafted balance of trust... more
As expected, developed countries did not keep their promise from 2009 to ramp up climate-related financial assistance to $100 billion a year by 2020. The OECD now reports that in 2020, a level of around $83 billion had been reached.... more
At the G7 summit, heads of state and government also discussed financial support for poorer countries for cutting emissions and adaptating to climate change – with less-than-impressive results.
One can hardly claim that the G7 summit made any significant progress... more
