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Climate action The German government wants to establish an international climate club
In the federal cabinet today, Germany’s Finance Minister Olaf Scholz presented a joint key-issues paper for an international climate club. The goal is to give the implementation of the Paris Agreement additional impetus at the international level. At the heart of this initiative is the cooperation between countries that want to press ahead with the social and economic transformation needed to …
Climate action European Sustainable Finance Summit
As the European Sustainable Finance Summit gets underway, German Finance Minister Olaf Scholz and Environment Minister Svenja Schulze are calling on European companies to invest more in sustainable economic activities. The first survey, published today, on applying the EU taxonomy shows that just 2% of companies’ activities by revenue meet the taxonomy’s level of ambition for climate action and …
G7 Team of LSE experts led by Lord Nicholas Stern issues report on international climate club
The report looks at how international cooperation in the form of an inclusive climate club can promote climate ambition and facilitate the decarbonisation of industry.
G7 presidency Statement of the G7 Finance Ministers
On 2 September 2022 the G7 finance ministers issued a joint statement on the extension to the G7 of the services ban related to the export of Russian oil and petroleum products in combination with a price cap.
Climate action Sound financing for effective and socially equitable climate action
Today the federal cabinet has approved the draft supplementary federal budget for 2020 and the draft budget for the Energy and Climate Fund for 2020. Today’s decision has created the budgetary conditions for rapid implementation of the Climate Action Programme agreed by the German government on 25 September 2019.
Climate action German Sustainable Finance Strategy
Today the federal cabinet adopted the first German Sustainable Finance Strategy. The goal of the strategy is to mobilise investments that are urgently needed for climate action and sustainability while also addressing the climate risks that are increasingly relevant to the financial system. Germany’s Sustainable Finance Strategy is setting a new course in the financial system based on the core …
Financial markets Press statement by Christian Lindner prior to the Annual Meetings of the IMF and World Bank
As the Annual Meetings of the IMF and World Bank kick off, Finance Minister Christian Lindner discusses the main issues on the agenda. His talks with international leaders will focus in particular on global economic challenges, further financial support for Ukraine, and relief measures for heavily indebted countries.
G7 Press conference on the results of the meeting of G7 finance ministers
The G7 countries are determined to take resolute measures to stop rising inflation and boost economic growth, said Christian Lindner following the meeting of G7 finance ministers and central bank governors.
G7 presidency Policy paper – G7 Presidency in the Finance Track
G7 Our G7 presidency in 2022: results in the Finance Track
Germany’s G7 presidency in 2022 came at a time of global crises. That is why, during its G7 presidency, Germany was strongly committed to pursuing a joint approach with its international partners. This page summarises the results of the G7 Finance Track.