The year 2020 marks the start of a new era in international climate policy. The Paris Agreement, which goes into effect that year, sets out ambitious climate change mitigation targets that form the framework for climate action at international, national and subnational level.
The Paris Agreement thus provides a much-needed long-term perspective for the global carbon market. Nonetheless, some of the rules for using the new mechanisms have yet to be fnalised and practical experience in their application has still to be gained. The Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU) is thus working to push these developments and to ensure that progress is made in the international climate negotiations. BMU also promotes the further development and design of the mechanisms by commissioning corresponding research and also invests in practical testing of innovative approaches in the form of pilot projects.
This brochure provides an overview of the carbon market-related projects funded by BMU and illustrates the many and diverse initiatives that the Federal Government is implementing together with its partners in this field.
Note: The brochure is an updated edition of the 2017 brochure.