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Free AccessGermany Requires Corrective Measures to Meet 2030 GHG Target
A panel of government climate advisors said on Monday that Germany is likely to miss its own 2030 greenhouse gas emissions targets as sectors such as transport an transport have been struggling to meet their targets according to Reuters.
- This would contradict projections made by Germany’s Economy and climate minister Robert Habeck in March. Habeck said Germany was on track for the first time to meet its climate targets after emissions fell by 10% in 2023.
- Germany's Climate Protection Act will require the government to take corrective measures for the 2030 target if the expert panel confirms its findings next year.
- "Against this background, we recommend not waiting for the target to be missed again, but rather examining the timely implementation of additional measures," the council's Chairman Hans-Martin Henning said in a statement.
- Berlin is targeting to reduce GHG emissions by 65% by 2030 compared to 1990.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.