News

Pressemitteilung

International climate co-operation Press Release | 07.11.2024

Trump election win has massive consequences for world order and the climate – EU and Germany need to step up

The environment and development organization Germanwatch is deeply concerned about the outcome of the US presidential elections. “Donald Trump's election victory has the potential to fundamentally reshape the world order that we have seen since the Second World War. Germanwatch is committed to global justice and the protection of human rights and the fundamentally threatened ecological foundations of life. Donald Trump has announced that the United States will oppose progress in all these areas,” says Christoph Bals, Policy Director of Germanwatch.

Front page of the policy brief

Climate finance Policy Brief | 7. November 2024

Towards a Political Compromise on the NCQG Contributor Base

The path towards a fair and effective New Collective Quantified Goal (NCQG) for climate finance has been fraught with intense global debate: Who should contribute, and how should contributions be assessed, particularly government funding? These questions have brought to the fore principles of equity and the notion of ‘common but differentiated responsibilities and respective capabilities’ – core tenets of climate justice. With the stakes high, the NCQG’s structure will shape international climate finance and our collective response to the escalating climate crisis.l

Banks to the left, trees to the right

Climate finance Sustainable Finance Blog post | 07.11.2024

Assessing projects’ Paris alignment

In 2023, six multilateral development banks have reached their self-imposed deadlines for the alignment of their projects with the Paris Agreement. We have analysed 60 of their projects and present the somewhat sobering findings in our blog post – with recommendations for greater transparency.

Preview policy brief

Dealing with the impacts of climate change Policy Brief | 6. November 2024

Recommendations for a L&D (Finance) Gap Report

The issue of Loss and Damage is now firmly anchored within the UNFCCC. However, little knowledge exists on the aggregate (financial) needs of developing countries related to Loss and Damage. One way to close this knowledge gap is a dedicated report. Our policy paper provides recommendations for the preparation of a L&D Gap Report and how this Report should address finance.

Preview working papers

Climate finance Working Paper | 31. October 2024

New Climate Finance Goal meets International Financial Architecture Reform

Developing countries face an increase in financial needs to continue progressing on the SDGs, including on climate. The reform of the international financial architecture (IFA) has gained momentum over the past years in response to these growing needs as well as a shift towards an increasingly multipolar world. The surge in momentum has coincided with the negotiations on the New Collective Quantified Goal on Climate Finance (NCQG). In two policy briefs, we analyse how the IFA reform agenda and the NCQG are interlinked in their objectives and goals.