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Since net zero targets have become a keystone of climate policy, more thought is being given to actively removing carbon dioxide from the atmosphere while continuing to drastically reduce emissions. The ocean plays a major role in regulating the global climate by absorbing a large proportion of...
Persistent link: https://www.econbiz.de/10014225666
Climate policy in the European Union (EU) and Germany changed significantly with the adoption of net-zero emissions targets. A key new development is the growing importance of carbon management. The umbrella term includes not only the capture and storage of CO2 (carbon capture and storage, CCS),...
Persistent link: https://www.econbiz.de/10014283768
Following the conclusion of the 'Fit for 55' package, European Union (EU) climate policy will enter its next phase. One of the most important decisions will be how to set the economy-wide emissions reduction target for 2040, which will form the starting point for the next round of revisions of...
Persistent link: https://www.econbiz.de/10014304123
The outgoing European Commission has published its Communication on a 2040 climate target as its last major climate policy initiative before the 2024 European elections. By recommending a net emissions reduction target of 90 per cent compared to 1990 levels, it lays the strategic foundations for...
Persistent link: https://www.econbiz.de/10014526749
The United States will play a crucial role in global climate protection in what has been called the "super election year" of 2024. After three-and-a-half years of having scored huge successes in climate protection, President Joe Biden could be succeeded by Donald Trump in January 2025, according...
Persistent link: https://www.econbiz.de/10015062071
Der Klimawandel birgt zahlreiche Risiken für die Stabilität des Finanzsystems und für die Übertragung der Geldpolitik. Für die Europäische Zentralbank existieren ausreichende wirtschaftliche und rechtliche Gründe, um Klimarisiken und den Übergang zur Klimaneutralität stärker in die...
Persistent link: https://www.econbiz.de/10012800366
The Small Island Development States (SIDS) and other developing countries affected by climate change are demanding more attention be given to climate-related losses and damages. The issue of "loss and damage" is being addressed in UNFCCC negotiations; however, the SIDS regard the Security...
Persistent link: https://www.econbiz.de/10012671767
If the EU wants to achieve net zero emissions by 2050, enacting conventional climate change mitigation measures to avoid emissions of greenhouse gases will not be enough. To compensate for unavoidable residual emissions, unconventional measures to remove CO2 from the atmosphere will also be...
Persistent link: https://www.econbiz.de/10012671784
Russia wants to realise a high degree of self-regulated stability in the Arctic. Moscow considers this necessary for overcoming the many problems and obstacles to development that are linked to its ambitious plans as well as the consequences of climate change. The regression of sea ice is...
Persistent link: https://www.econbiz.de/10013201671
The European Union (EU) has been advocating climate policy ambitions from the very beginning of the international climate regime. Climate action to support the implementation of the Paris Agreement (2015) involves nearly all fields of national and international policy-making. In this research...
Persistent link: https://www.econbiz.de/10012496933