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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 G7 Finance Ministers and Central Bank Governors’ Statement on Climate Issues
G7 finance ministers and central bank governors have issued a joint statement following their meeting on 12 October on the sidelines of the Annual Meetings of the IMF and World Bank in Washington DC.
Climate action First impact report for Green German Federal securities published
On 20 April 2021, the German government published the first allocation report for its Green Federal securities issued in 2020. The “Green Bond Allocation Report 2020” provides investors with transparent and binding information on expenditures from the federal government’s environmental and climate protection programmes. It lists expenditures recognised as “green” in the 2019 federal budget and …
Climate action Green federal securities
Climate action is a priority. To boost sustainability in financial markets too, the German government is issuing Green German Federal Securities. This will inject momentum into the sustainable bond market as a whole.
Climate action Climate action publications
All the Finance Ministry’s publications relating to climate action, including a link to the German government’s Sustainable Development Strategy.
Climate action Climate action for everyone
We make climate action possible. That’s especially important today, more than ever. To ensure that the shift to a climate-friendly future is affordable for everyone, the German government is granting people relief in other areas.
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 German government’s future-oriented subsidy policy
Das Bundeskabinett hat heute den Bericht der Bundesregierung über die Entwicklung der Finanzhilfen des Bundes und der Steuervergünstigungen für die Jahre 2019 bis 2022 beschlossen. Der 28. Subventionsbericht macht deutlich: Die Subventionspolitik ist zentraler Bestandteil der zukunftsorientierten Finanzpolitik der Bundesregierung. Durch eine klare inhaltliche Schwerpunktsetzung geben die …
Public finances Immediate climate action programme for 2022
Germany adopted major new climate legislation in June 2021 that sets higher national emissions reduction targets for 2030 (at least 65%) and 2040 (at least 88%), with the goal of achieving net greenhouse gas neutrality by 2045. In addition, a new €8bn “immediate climate action programme” for 2022 will finance further measures to achieve the new climate targets.
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 …