💥 [BREAKING] Germany shows what climate ambition looks like 💥

🇩🇪 The German government just published its FINAL Coalition Treaty. In a world of decreasing climate ambition, this is a breath of fresh air.

🎯 Most importantly for the broader climate community: Germany is endorsing the upcoming 90% emission reduction target for Europe by 2040. Given all the critique this target proposal is facing right now, the backing from Europe’s biggest economy is a ray of hope.

✅ For the carbon removals community, the good news is that Germany - for the first time - explicitly recognises the need for CDR to achieve net-zero and also calls out CDR to contribute to achieving intermediary climate targets. This opens the door to all sorts of policy over the coming years.

💪 The government will also focus on building out the transport and storage networks necessary for CCS, and recognises direct air capture (DAC) in particular as a promising technology for Germany.

🇪🇺 Finally, and most controversially, Germany wants to open the door to using international carbon credits domestically and in the EU (<3% of 2040 target). This aligns with the latest thinking of the European Commission and could - if tied to the right quality criteria - be a win/win for Europe and the Global South.

💚 Wow. What a whirlwind it has been to follow the developments in Germany over the past weeks. Coupled with the €100b committed to climate investments by the government, I see plenty of opportunities for Germany to lead Europe (and the world?) on CDR in the coming four years.

🤝 Time to roll up our sleeves and get to work. I cannot wait to team up with the incredible team at the Deutscher Verband für negative Emissionen e.V. (DVNE), especially Stefan Schlosser and Nadine Walsh, as well as its 60+ members to make this beautiful vision a reality.

Auf geht’s!

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