Climate

Reducing methane emissions from oil and gas production to consumption is key in preventing radiative forcing. Shutting down the most immediate unabated emissions of the greenhouse gas methane can be done at no net cost and it has enormous potential in terms of climate policy. Climate tipping points in relation to global warming must be avoided. Yet, the oil and gas industry does not exhaust all options to reduce methane leakages, partly due to a lack of regulation. The EU is planning to deliver binding legislation to this end, covering also gas imports. This event presented concrete policy proposals for a methane charge and a performance standard.

The proposal for a Carbon Border Adjustment Mechanism (CBAM) is likely the most contentious element of the Fit for 55 package, with significant ramifications not only internally in the EU but beyond its borders. It is a long-discussed idea whose time has finally come as part of European Commission President von der Leyen’s European Green Deal grand bargain.

Livestock’s share of global greenhouse gas emissions is understated. The climate footprint of the animals and the feed they need is significant. There are ways to change that.

The 20 authors of the 15 papers in this series illuminate the depth of the problems in the three specific fields of international trade, digital governance, and climate finance, with special attention to human rights and gender equality. The researchers illustrate the profound failures of national governments and international mechanisms, and often reflect the frustrations of populations or countries that feel the rich and powerful are running roughshod over the poor, marginalized, and vulnerable for their own outsized benefit, and are doing so with impunity.

Green budgets refer to tools that aim to achieve environmental and climate objectives by analysing the environmental impacts of budgetary and fiscal policy choices. Budgeting can therefore be a tool to mainstream gender equality and environmental objectives at the same time. While taxation can also enhance gender equality and incentivise a green transition, this chapter  focuses on the budget side due to the revenue structure of the European Union (EU), in the context of the European Green Deal, the EU Budget 2021-2027 and the Recovery and Resilience Facility.

On 14 July 2021, the European Commission will present its proposals for implementing the EU Climate Law - the so-called “Fit-for-55” package. This will be the starting signal for one of the most important EU debates of the next years: how can the EU reduce its greenhouse gas emissions by 55% by 2030 and how can it become climate neutral by 2050?

Urgently addressing the growing impact of climate change in developing countries, especially on the most poor and marginalized people and communities, requires a better understanding of what constitutes adaptation, how it applies in local contexts, and how to increase the quantity and quality of financing provided for such measures.