There is a double urgency to transform Europe's energy system: ending the EU's dependence on Russian fossil fuels, which are used as an economic and political weapon and cost European taxpayers nearly €100 billion per year, and tackling the climate crisis.
The United States and the European Commission are committed to reducing Europe's dependency on Russian energy.
The 26th UN Climate Change Conference (COP26) started in Glasgow October 31st. Chaired by the UK, government representatives of 197 countries will take part in negotiations. The heads of state and government are meeting on 1 and 2 November. Federal Chancellor Merkel is also attending this World Leaders Segment. The goal is for the international community to agree on the last unresolved issues concerning the rulebook for implementing the Paris Agreement by the end of the conference, scheduled for 12 November.
Secretary of the Interior Deb Haaland has outlined the path forward for future offshore wind leasing to meet the Biden-Harris administration’s goal to deploy 30 gigawatts (GW) of offshore wind energy by 2030.
German Federal Environment Minister Svenja Schulze sent a letter this week to 134 promotional banks and other public financial institutions in the EU, requesting their participation in this year’s European Sustainable Finance Survey.
In 2020, the BMU supported a total of 385 ongoing and new projects in developing countries and emerging economies with 601.2 million euros under the International Climate Initiative (IKI).
The European Commission has approved a Polish scheme to support offshore wind technology. The scheme has a total maximum budget of €22.5 billion and will run until 2030.
The EC adopted today a new Strategy on Adaptation to Climate Change, setting out the pathway to prepare for the unavoidable impacts of climate change.
Local and regional leaders' top priority is to ensure that the COVID-19 recovery translates into concrete projects that accelerate the transition towards climate-neutrality while creating jobs and social inclusiveness in every territory.
German Environment Minister Schulze commented: “This agreement sends an important message internationally that the European Union is making a commitment to climate action that is irreversible and binding."
Germany's Federal Environment Minister Schulze said: “We want to emerge from the coronavirus crisis stronger than before. The right way forward is to combine economic stimulus with effective climate action."
Among the approved projects are the Baltic Interconnector and the North Sea Wind Power Hub for offshore wind energy
The Gap Fund will support city and local governments facing barriers to financing for climate-smart projects in developing and emerging countries.
Germany's Environment Minister Schulze remarked: “It is imperative that we, as EU environment ministers, are actively involved in the ongoing discussion on shaping Europe's economic recovery."
In a letter addressed to the CEOs, Federal Environment Minister Svenja Schulze has invited nearly 430 of Europe's major companies to participate in the European Sustainable Finance Survey.
"Globally, we have to shape economic stimulus so that we are also able to achieve the targets of the Paris Agreement and the UN Sustainable Development Goals."
Due to COVID-19 the meeting of around 30 climate ministers will take place online for the first time
Committed nature conservation in many regions of the world is the key to preventing new infectious diseases
The Federal Environment Ministry (BMU) is supporting adaptation to climate change via projects which benefit people and strengthen ecosystems at the same time.
UN summits week is all about climate and sustainable development
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