Climate Change

Extreme weather events are increasing in intensity and frequency due to the impacts of climate change. Without appropriate intervention, Loss and Damage will be inevitable, despite efforts at adaptation, mitigation, and even disaster risk management. To understand how Loss and Damage financing will be discussed after the G20 Summit led by India and after COP27, the Indonesia Research Institute for Decarbonisation (IRID) and Germanwatch hosted a focus group discussion on 11 January 2022. The event aimed to gather information on different initiatives on Loss and Damage financing, including access modalities, challenges, and coping strategies.

Last year marked a turning point for the EU’s energy policies. The dependency on Russian fossil fuels—gas in particular—had severe consequences for its member states and resulted in an energy supply crisis across the entire EU. We analysed Germany’s changing energy mix along with the Adelphi Institute and present the 11 identified lessons in this policy brief.

The majority of signatories of the Glasgow Statement is still lacking adequate policies which ban finance for the international unabated fossil fuel sector, including their voting behaviour at multilateral development banks. Germanwatch analysed the current status of implementation of the Glasgow Statement and developed recommendations for appropriate policies and well defined exception criteria in order to align with the Paris Agreement and stay below 1,5°.

The multi-country projects and programmes financed by the Green Climate Fund (GCF) are of particular interest to African civil society organisations (CSOs) that, through their engagement with GCF processes and financed activities in their countries, have identified several concerns with their implementation.

A ‘race to the top’ or global crawl? Despite global climate negotiations at COP27 and the G20 inching far too slowly towards the financial transformations we need to tackle climate change, country-level progress is being made. A common framework would help track that progress.

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. 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.

The current energy crisis clearly demonstrates how the world remains dependent on fossil fuels. However, there is a number of countries that have a better standing than others. They took ambitious steps in climate mitigation and rapidly developed energy efficiency and renewable energies. Today, Germanwatch, NewClimate Institute and CAN International published the Climate Change Performance Index (CCPI) 2023, a ranking of the 59 largest emitters worldwide

The world is paying close attention to the multilateral development banks' (MDBs') potential for financing global climate action. MDBs have committed to aligning their financing with the Paris Agreement, and an explicit approach towards Paris-alignment of policy-based finance has been long expected from them. This working paper explains why this is important and what such an approach would entail.

At the UN Climate Conference in Glasgow (COP26), several multilateral initiatives were launched. In this fact sheet, we took a closer look at the Beyond Oil and Gas Alliance (BOGA) and its potential to close the 2030 ambition gap and implement climate action more quickly.