Following the unexpected announcement of the resignation of World Bank chief David Malpass, the struggle over the future orientation of the Bank is beginning. Calls for more climate action and sustainability in the World Bank Group are growing louder. But such a change of course is also controversial.
By Bernhard Pötter
The Chinese Emissions Trading System still has numerous shortcomings and is not an effective climate protection instrument. Beijing wants to tighten it up – but it remains questionable just how much. This has trade policy consequences for Europe, especially after the introduction of the Carbon Border Adjustment Mechanism.
By Lukas Knigge
