“Germany banks on carbon plan for sustained riches”
As the first government to adopt a long-term, economy-wide strategy towards decarbonisation, the German leadership expects its Climate Action Plan 2050 to trigger innovation and boost economic development, writes Richard Black for businessGreen. Black’s assessment of Germany’s approach is largely positive. He says that while the plan “arguably lacks elements of accountability and sanction”, it pulls its strength from being built on consensus. “[It] does in principle engage all sectors all of the time. It sets expectations and builds partnerships capable of delivering them,” Black writes.
Read the article (behind paywall) in English here.