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Climate Action

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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.

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The German government adopts groundbreaking 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.

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Climate action Climate Action Programme 2030: frequently asked questions

Ger­many has made both na­tion­al and in­ter­na­tion­al com­mit­ments to cut its green­house gas emis­sions by more than half by 2030, com­pared with 1990 lev­els. To this end, the Ger­man gov­ern­ment has launched a com­pre­hen­sive cli­mate pack­age. What are its key el­e­ments? How does car­bon pric­ing work? And how much will all of this cost? Here are the an­swers to these and oth­er im­por­tant ques­tions.

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Climate action Phasing out coal to fulfil climate targets

On 29 Jan­uary 2020, the Ger­man cab­i­net adopt­ed draft leg­is­la­tion on the phas­ing out of coal in Ger­many. The bill sets out a de­tailed roadmap for shut­ting down coal-fired pow­er sta­tions, which are harm­ful to the cli­mate. The Fed­er­a­tion has al­lo­cat­ed €40bn for the struc­tural trans­for­ma­tion. The funds will help the af­fect­ed re­gions to build new ca­pac­i­ty and cre­ate new jobs.

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Climate action Joint press release: German cabinet adopts legislation on phasing out coal

The Ger­man cab­i­net to­day adopt­ed the Act on the Re­duc­tion and Ter­mi­na­tion of Coal-Fired Elec­tric­i­ty Gen­er­a­tion and Amend­ing Fur­ther Acts (Gesetz zur Re­duzierung und zur Beendi­gung der Kohlever­stro­mung und zur Än­derung weit­er­er Geset­ze).

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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.

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Climate action Climate Action Programme 2030: Investment in the mobility transition

On 9 Oc­to­ber 2019, the Ger­man fed­er­al cab­i­net ap­proved the fed­er­al gov­ern­ment’s Cli­mate Ac­tion Pro­gramme 2030, which rep­re­sents a step to­wards im­ple­ment­ing the Cli­mate Ac­tion Plan 2050. The aim is to en­sure that Ger­many meets its cli­mate pol­i­cy tar­gets. The ex­ten­sive pro­gramme in­cludes mea­sures for all sec­tors. Progress will be re­viewed on an on­go­ing ba­sis. The Fi­nance Min­istry is re­spon­si­ble for fi­nanc­ing the pro­gramme as well as for var­i­ous fis­cal mea­sures.

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Climate action What is the Climate Action Programme 2030?

The Cli­mate Ac­tion Pro­gramme 2030 con­sists of a pack­age of far-reach­ing and co­or­di­nat­ed mea­sures. These in­clude in­cen­tives to pro­mote cli­mate-friend­ly be­haviour and in­vest­ment, clear rules, and car­bon pric­ing in the trans­port and build­ing sec­tors.

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Financial markets Joint press release: Sustainable Finance Committee takes up work

The Ger­man gov­ern­ment cre­at­ed a Sus­tain­able Fi­nance Com­mit­tee on 6 June 2019. The Com­mit­tee’s pur­pose is to ad­vise the Ger­man gov­ern­ment as it drafts and im­ple­ments a sus­tain­able fi­nance strat­e­gy, as well as to pool ex­ist­ing ex­per­tise and fos­ter di­a­logue be­tween the rel­e­vant play­ers.

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Financial markets Finance Ministry initiates sustainable finance strategy

The Fi­nance Min­istry – work­ing to­geth­er with the En­vi­ron­ment Min­istry and the Eco­nom­ic Af­fairs Min­istry – has ini­ti­at­ed pro­pos­als to es­tab­lish a sus­tain­able fi­nance strat­e­gy.

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