One of the three main goals of the Paris Agreement is to ‘make finance flows consistent with a pathway towards low greenhouse gas emissions and climate-resilient development’, as stated in Article 2.1c. This long-term goal recognises that, complementary to an increase in finance that supports climate action, there needs to be redirection of finance, both public and private, that locks countries into a future of low emissions and higher resilience. Otherwise, the two other long-term goals of the Paris Agreement on adaptation and mitigation would be missed.
Given that Article 2.1c has yet to be fully operationalised, this case study examines the progress towards implementing it in Germany. It is a first attempt to provide a comprehensive analysis framework for the implementation of Article 2.1c in Germany.
The case study primarily depicts the status quo and does not provide an in-depth and comprehensive evaluation of this status in all areas. In such a dynamic and rapidly changing policy field, this would simply not be possible. The study pursues two main goals:
(1) To identify and use a set of relevant themes and categories for assessing:
- the status of measures that have been implemented;
- the level of climate ambition of those measures;
- the availability of data required to enable state and non-state actors to track progress towards their own targets and the fulfilment of the Paris Agreement goals;
(2) To identify sources of relevant information and data that are available today and can be used to conduct the assessment.
The case study was written for the Independent Global Stocktake (iGST), a data and advocacy initiative that brings together climate modellers, analysts, campaigners, and advocates. It supports the Paris Agreement by providing analyses and research in order to promote the accuracy, transparency, and accountability of the Global Stocktake (GST). The Global Stocktake is an important component of the Paris Agreement, reviewing its progress in achieving the agreed objectives.
Christoph Hoffmann, Meret Karenfort, Mariana Micozzi, and David Ryfisch