Despite the momentum, this climate summit has on the one hand built a sound basis for a global phase-out of coal and more climate action, but on the other hand not set the course for keeping the below 1.5 degree limit within reach unless quick improvements to the targets of the biggest emitters are following.
This policy briefing, lead-authored by Dr. Matthias Kroll (World Future Council, WFC) and co-authored by Stefan Schurig (Foundations Platform F20), analyses on which way a sum of around $300bn of the newly created SDRs could be rechannelled from the North to the South in form of grants (not loans) to finance COVID-19 recovery and climate action.
The G20 Outcome: No long-term Action Plan on the Climate Crisis – but a Positive Spirit of Urgency for COP26 and Encouraging Signs for Next Year’s G20 Process
A regenerative city can be the role model for an environmental and economic future path of a city towards more resilience