Klimalog

The interlinkages between global economic governance and global climate governance are essential for the necessary decarbonisation of the global economy. How can interactions between both institutional complexes be adequately shaped?
How do international trade and investment treaties support or hinder policy measures for emissions reduction? What are the most pressing climate-relevant reform needs in global economic governance?

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Many countries have already developed strategies to reduce greenhouse gas emissions and to decarbonize their economies. Yet, underlying models are generally highly technical and fail to account for the political economy of transformation. Altering economic structures involves interests, power and influence. This workstream examines the specific political-economic prerequisites for the implementation of low-carbon development paths in selected partner countries of Germany and how these may be addressed in international co-operation.

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Climate change is real. Many people already suffer from its impacts. Investments have to be taken to both avoid unmanageable impacts and to manage consequences that are no longer avoidable. Yet, policy responses need to consider potential trade-offs, e.g. regarding poverty reduction. What lessons have been learnt regarding both positive and negative consequences of mitigation policies? What approaches in climate policy and climate finance are suitable to anticipate and to reduce conflicting objectives and corresponding trade-offs?

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Whether reforms of global policy frameworks facilitate decarbonisation and climate resilience, ultimately shows at national, regional and local levels. How does the interplay between global institutions and national transformation processes look like? How does climate finance and the emerging international climate finance architecture affect national transformation processes?

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