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Home > News > World News > Article > German companies urge next government to step up on climate

German companies urge next government to step up on climate

Updated on: 12 October,2021 09:47 AM IST  |  Berlin
Agencies |

The center-left Social Democrats narrowly beat outgoing Chancellor Angela Merkel’s conservative Union bloc in last month election. They are due to meet Monday with the environmentalist Greens party and the pro-business Free Democrats to discuss forming a coalition government

German companies urge next government to step up on climate

A Campact climate activist guides a fellow activist wearing a mask of FDP leader Christian Lindner in Berlin on Monday. Pic/AFP

Dozens of large German companies have urged the country’s next government to put in place ambitious policies to meet the goals of the Paris climate accord.


In an open letter Monday, 69 companies said the next government needs to put Germany on a clear and reliable path to climate neutrality, with a plan for doing so within its first 100 days in office.


The signatories included chemicals giant Bayer, steelmaker ThyssenKrupp and sportswear firm Puma.


The center-left Social Democrats narrowly beat outgoing Chancellor Angela Merkel’s conservative Union bloc in last month election. They are due to meet Monday with the environmentalist Greens party and the pro-business Free Democrats to discuss forming a coalition government.

“Climate protection was the decisive topic in the federal election and the parties must place it at the top of their agenda in building the new federal government,” said Michael Otto, board chairman of mail order company Otto Group and president of the Foundation 2 Degrees, which organized the letter.

Official figures show that Germany is slipping behind on its ambitions for cutting greenhouse gases, with 2021 emissions forecast to rebound sharply after a pandemic-related economic slump.

The foundation, which says its members have an annual turnover of about 1 trillion euros ($1.16 trillion) and employ more than five million people worldwide, wants the next government to support the rollout of renewable energy and enact a climate-friendly tax reform that includes a strengthened carbon pricing system to prevent investments in power-hungry industries going abroad.
          

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