
© Jacques Descloitres, MODIS Rapid Response Team, NASA/GSFC
© Jacques Descloitres, MODIS Rapid Response Team, NASA/GSFC
In its coalition agreement, the German government has set itself the goal of expanding offshore wind energy to 70 GW by 2045. This target is polarising. On the one hand, offshore wind energy has a high number of full load hours and can thus make a reliable contribution to decarbonisation. On the other hand, the expansion of 70 GW of offshore wind energy is very likely to increase the need for grid expansion, raise issues of marine protection and bring challenges such as the timely availability of resources.
The climate lawsuit of the Peruvian Andean farmer and mountain guide Saúl Luciano Lliuya against the energy company RWE has entered the decisive phase six and a half years after the lawsuit was filed: After a long delay, especially due to the Corona pandemic, a site visit took place this week in the Andean city of Huaraz. Judges of the Higher Regional Court (OLG) of Hamm (Germany), legal advisors and experts travelled to Peru to examine whether the plaintiff's house is threatened by a possible flood wave from the glacier lake Palcacocha above the city. The entire danger zone in Huaraz actually covers an area where around 50,000 people live.
At the forthcoming G7 Ministerials this week and next, Germany should push for stronger joint efforts to exit international fossil fuel financing. Considering the latest IPCC findings and the urgent need to stop investment in coal, oil and gas, the financial activities of public finance institutions (PFIs) play an important role to achieve the goals of the Paris Agreement. This paper analyses the alignment of German and Korean PFIs’ climate and sector strategies with the Paris Agreement and makes recommendations on how their strategies can align with a 1.5°C goal.