Climate Change

The Inflation Reduction Act is seen as an expression of climate pragmatism by some and a Faustian bargain with the fossil fuel industry by others. What exactly is it?

With the two-day Biden leaders' summit on climate attended by 40 countries, the United States has returned to the international stage of climate diplomacy. Whether the increased ambition of new climate action pledges via video made by several core countries can be implemented in a binding manner, however, remains an open question - not only, but also including in the United States. An urgently needed signal that the Biden administration is prepared to take on a leadership role in international climate finance in the run-up to COP 26, however, was missing in action.

The Covid-19 pandemic has spurred radical measures worldwide to stem the spread of the virus, and specialists from different fields have taken up the challenge, using new technologies such as Artificial Intelligence (AI). Similar momentum and coordination also could supercharge efforts in the equally challenging drive against climate change.

The governments gathered in Madrid failed to embrace the urgent need for progress towards climate justice and higher ambitions.

Against the backdrop of increasing climate destruction and mass mobilizations calling for climate leadership, COP-25 must deliver urgent, rights-based climate action.