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Germany: 68 companies call on Govt. to ensure COVID-19 recovery measures are in line with Paris Agreement

Ahead of this week's digital Petersberg Climate Dialogue, an annual ministerial summit organised by the German government in preparation for the UN climate conference, both top German politicians and an alliance of 68 large German and international companies, separately urged the German Government to ensure COVID-19 economic stimulus packages are climate-friendly. 

Chancellor Angela Merkel has also said that climate is on the agenda for the German EU Council presidency in the second half of 2020. Indeed, calls for a green recovery and the European Green Deal to be placed at the heart of the EU’s post COVID-19 recovery plan have been growing in recent weeks, for more information on the Green Recovery Alliance see here.

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27 April 2020

For crisis management and a sustainable future: Making our economy more resilient with a climate stimulus programme

Author: Stiftung 2°

It is now essential to support the economy with short-term measures to help it on its way out of the corona crisis... The planned medium and longer-term economic aid measures must not only provide an economic stimulus, but also contribute to our common goal: a resilient economy and society that achieves climate neutrality through a high level of innovation and competitiveness.

We, businesses from all sectors of the German economy, therefore, call upon the Federal Government:

1. Closely link economic policy measures aimed at overcoming the corona and climate crises and systematically ensure that all relevant stimulus and investment programmes are climate-friendly...

2. Build on climate policy successes and consistently continue to design and implement climate policy measures...

3. Preserve and increase the competitiveness of the German and European economies by resolutely crafting an ambitious and constructive Green Deal and develop it as a European innovation and growth strategy that also contributes to the mastering of the impacts of the corona crisis...

4. Work to ensure that all countries present ambitious climate commitments in line with the objectives of the Paris Agreement by the next UN Climate Change Conference at the latest...

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27 April 2020

Germany’s top politicians, companies throw weight behind green stimulus

Author: Julian Wettengel, Clean Energy Wire

Top politicians from Germany and more than 60 large companies have warned that the climate crisis must continue to be a top priority, even as the world economies grapple with the impact of the coronavirus pandemic. Ahead of this week’s digital Petersberg Climate Dialogue, environment minister Svenja Schulze said the Paris Agreement should remain the “compass” for the economic recovery after the current crisis...

Merkel said the coronavirus crisis would certainly leave its mark on the German EU Council presidency in the second half of 2020. “That means we have to do something to strengthen Europe’s economy, social cohesion and think about the future – and that means climate and environmental questions,” said Merkel. “We will have the climate issues on our agenda just like we will have the health issues.” ...

[A]n alliance of more than 60 large German and international companies – including ThyssenKrupp, Bayer and Vattenfall – called on governments to introduce climate-friendly, long-term economic stimulus programmes. In a joint statement organised by business initiative Foundation 2° (Stiftung 2°), the companies call on the German government to closely link measures to overcome the coronavirus crisis and the climate crisis, stick to existing climate policy to not endanger investments and projects already made, and push the European Green Deal as an innovation and growth strategy...

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27 April 2020

Making the economy more resilient with a climate stimulus programme - Companies send strong signal to Petersberg Climate Dialogue

Author: Stiftung 2°

At today's launch of the 11th edition of the Petersberg Climate Dialogue, a broad alliance of 68 large companies from all sectors of the economy address political representatives in a business statement: The private sector is prepared to assume societal responsibility in the crisis and, at the same time, stick to the goals of the Paris Climate Agreement. To achieve this, governments must act decisively now and restore urgently needed investment security with climate friendly long-term economic stimulus programmes...

Through an ambitious design of the EU Green Deal, the German government can help to lead the European economy out of the crisis...

For this to succeed, the German government should work to ensure compliance with the Paris Climate Agreement also in times of the Corona crisis. By the next UN Climate Change Conference COP 26 at the latest, all governments should present ambitious climate targets (NDCs) in line with the objectives of the Paris Climate Agreement. Together with an international alliance of progressive companies, Foundation 2° will support the German government in this endeavour. 

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