The IPCC (Weltklimarat) comes to the conclusion that even a warming of two degrees Celsius has severe consequences for our planet and with the currently planned measures of two-degree-celsius-limit cannot be achieved. The focus is therefore on urgency. Ms. Alzbeta Klein, Director of Climate Business at the World Bank Group’s International Financial Corporation (IFC) mentioned in an interview in the Wiener Zeitung 27/28 October 2018 “Climate change is a financial risk!” two technologies to mitigate the climate change problem: one is the storage of solar energy (including for the household) and the other Off-shore-wind power. For both, the World Bank Group is launching a $ 5 billion investment program. Ms. Klein notes a lot of movement at the corporate level citing several reasons: leadership vision and increasing pressure from customers. In summary, Ms. Klein enumerates three levers: visionary business leaders, a government that takes the climate change seriously, and finally the consumer who demands a greenhouse,green car, and food with a good carbon footprint.
Roland Leithenmayr VFV
Austrian Court of Auditors: From June to September 2017, the Austrian Court of Audit (ACA) carried out an audit of the implementation of the 2030 Agenda in Austria. The audit aimed in particular at assessing the legal framework conditions and the national recognition of the Sustainable Development Goals (SDGs), the responsibilities of the Federal Government and the coordination across all levels of government. A further objective was to evaluate the initial situation (stocktaking and gap analysis), the implementation plan and the target attainment monitoring system, as well as the inclusion of the civil society, the reporting system and the impacts of the SDGs. The audit was carried out at the Federal Chancellery and the Federal Ministry of Europe, Integration and Foreign Affairs – in their capacity as coordinating entities regarding the national implementation of the SDGs – as well as at the Federal Ministry of Agriculture, Forestry, Environment and Water Management and the Federal Ministry of Transport, Innovation and Technology – as federal ministries selected as examples by the ACA. The audited period largely spanned the years from 2016 through 2017.
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Roland Leithenmayr VFV