© Jacques Descloitres, MODIS Rapid Response Team, NASA/GSFC
Germanwatch welcomes the launch of the pilot phase of the EU Carbon Border Adjustment Mechanism (CBAM) this Sunday as a major milestone in European climate policy. Christoph Bals, Policy Director of Germanwatch, says: "With the introduction of the Carbon Border Adjustment Mechanism, the EU has achieved a coup: By levelling the international playing field for industrial companies, it enables high carbon prices in the EU Emissions Trading Scheme ETS and thus sends an important signal that it is serious about its industry’s transition to climate-neutrality. The CBAM also creates an incentive for EU's trading partner economies worldwide to speed up their transformation."
Hydrogen has caught significant attention from a wide range of stakeholders in EU Member States. Its potential remains largely untapped as, to date, European national hydrogen strategies typically do not feature sound sectoral targets for the use of hydrogen. The EUKI project 'Greening H2' commissioned a study from Bruegel, a Brussels-based think tank, which investigates the potential for and implications of renewable hydrogen deployment in Germany, Portugal, and Poland. It explores their respective national strategies, summarises core elements, and critically evaluates and places them in the broader EU hydrogen plans.
Climate change-related loss and damage (L&D) is already a lived reality for people around the world, threatening their fundamental human rights and trapping them in poverty. Comprehensive mechanisms are urgently needed to help them recover from extreme events, build new livelihoods, and proactively respond to slow-onset processes. Bangladesh is planning to establish such a comprehensive National Mechanism on Loss and Damage through a two-year pilot project. From 2023 to 2026, ADAMS, ICCCAD and Germanwatch are jointly implementing a multi-actor partnership project to "Support the establishment of the National Mechanism on Loss & Damage in Bangladesh". In this project flyer, you will find information on the project background, objectives, activities, and project partners.
Transitioning to and establishing electricity systems based on 100% renewable energy sources is a crucial step towards limiting global emissions. Co-authored with the Pan-African Climate Justice Alliance, our fact sheet provides an overview of the components needed to build such a system.
The 27th UN Climate Conference (COP27) concluded with the groundbreaking agreement to establish a new loss and damage (L&D) fund. This significant development aims to enable vulnerable countries to respond to and recover from climate impacts. The report emphasises that the design and operation of the L&D fund will be significantly influenced by its intended scope. With diverse opinions among stakeholders on the fund's optimal design, the selection process for these recommendations is of paramount importance.
In March 2023 the IDB Group published its “Paris Alignment Implementation Approach: Principles, Methodology, and Technical Guidance” (PAIA). The document is based on the joint MDB framework and lays out how the IDB plans to adapt the framework to its own institutional procedures. This blog post provides an overview on what are promising, concerning and unclear elements in the IDB Group’s general Paris alignment methodology.
The Just Energy Transition Partnership (JETP) in South Africa marks a significant milestone and serves as a blueprint for future initiatives in other developing countries. The USD 8.5 billion partnership programme is designed not only to help decarbonise South Africa's energy sector to mitigate climate change, but also to catalyse inclusive sustainable development. This background paper by IRID and Germanwatch provides an overview of the partnership process to date, including a general overview, its framework, and guiding principles.
This background paper by IESR and Germanwatch examines the climate financing landscape in Germany and Indonesia, focusing on climate mitigation in the energy sector. For Germany, this paper provides a comprehensive summary of its climate financing flows, structure, and global trends. With respect to Indonesia, it examines its climate mitigation targets and achievements, energy transition financing trends, and potential avenues for international climate finance support.
The EU Carbon Border Adjustment Mechanism (CBAM) is designed to ensure that European industrial companies remain competitive despite rising carbon prices. The CBAM thus enables ambitious European climate policy. However, it only covers imports into the EU: The question of whether and how the EU should take action to secure the competitiveness of exporting companies is still unresolved. This study offers answers to precisely this question.
The current international scenario is characterised by a complex web of global crises. This situation is having a particularly negative impact on the countries of the Global South, which are facing considerable financial constraints that are hindering the implementation of the 2030 Agenda. In this context, the French Government is organising the Summit for a New Global Financing Pact on 22-23 June 2023, which aims to forge a new pact between Global North and Global South countries.