New National Climate Plans Must Act As Economic Strategies [Forbes]
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Source: Forbes
during the first session of the Petersberg Climate Dialogue on April 25, 2024 in Berlin, Germany. The two-day event is a precursor to the UNFCCC COP29 climate conference that is scheduled to take place in November in Azerbaijan. (Photo by Sean Gallup/Getty Images) Country climate plans, the so-called nationally determined contributions that nations must submit under the Paris Agreement, should not simply be decarbonization roadmaps, but investment plans showing business, industry and investors how governments will support the energy transition, laying out what market and job opportunities will emerge. All countries must submit updated NDCs during 2025 before Brazil hosts the landmark COP30 climate summit. Speaking at the Petersberg Climate Dialogue last week, I made clear the importance of governments turning these plans into economic and industrial strategies. Launched in 2010 by former German Chancellor Angela Merkel, the Petersberg Climate Dialogue is held annually in Berlin
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