The poorest populations in the Global South are fighting against the yet unforeseeable consequences of the coronavirus and the impacts of climate change simultaneously. They urgently need support in building resilience to the health and climate crises and in dealing with unavoidable climate impacts.
Anyone who violates another person’s fundamental rights by emitting greenhouse gases bears a double legal duty: First, to put a stop to this harm so that the (fundamental) rights of others are not undermined. Second, polluters have to account for the protection of those at risk as well as the damages that still occur. In order to enforce these legal obligations in Germany and internationally, Germanwatch supports three climate lawsuits.
India has a huge potential for solar energy. Accordingly, the Indian solar targets of 100 GW by 2022 are ambitious. The realization of these targets still require foreign investment in the Indian solar sector. The Multi-Actor-Project of Germanwatch and TERI and further partners seeks to gather stakeholders from civil society, financial institutions and government bodies as well as research organisations in order to identify de-risking instruments for foreign solar investments in India.
The Paris Agreement sets out the ambitious task of aligning all financial flows with its goals to avoid the worst impacts of warming. Multilateral Development Banks (MDBs) have an important role to play in making this goal a reality.
The Paris Agreement sets out the ambitious task of aligning all financial flows with its goals to avoid the worst impacts of warming. Multilateral Development Banks (MDBs) have an important role to play in making this goal a reality. Their development mandates, technical expertise, and track record on climate finance mean that MDBs can lead the way by helping developing countries avoid fossil fuel-intensive development pathways, by developing the necessary standards and investment criteria to assess the alignment of investments with the Paris Agreement’s goals, and by helping to mobilise increased volumes of climate finance.
