OECD urges Germany to meet its climate targets with extra effort
The Organisation for Economic Co-operation and Development (OECD), a global organisation of 35 developed and emerging countries, has urged Germany to adopt further measures to reach its climate targets. “Additional policies are needed to meet even the near-term targets,” the OECD said in its ‘Economic Survey of Germany’. “It is important to meet targets on time as the credibility of climate policy is critical in view of the long-term nature of the climate challenge.” Germany could still do justice to its ambitions with a rapid coal exit, according to the OECD. “Phasing out coal-fired energy generation has among the lowest CO2 emission abatement costs and would enable Germany to meet its 2020 target.” The organisation also criticised that “the transportation sector lacks an overarching policy strategy.”
Find the OECD report in English here.