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Outstanding scientific research is exploring tipping points’ development and dynamics. Lacking, however, is a systematic approach that translates scientific research into concrete recommendations. Also lacking are targeted calls for action for political decision-makers in affected countries and regions, as well as the international community. An early warning system in the form of a regular report could fill this gap.
Where necessary for the implementation of our statutory goals, Germanwatch shall actively contribute to the debate on political framework conditions and strengthen the corresponding social debate. Therefore Germanwatch shall have a mediating function between politics and the public. The employees and the Board of Germanwatch as well as other persons acting on behalf of Germanwatch, shall commit ourselves to adhere to the following principles in the exercise of this activity.
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.