Stable Investments in Times of Instability: Bridging Interests to Revive International Climate Diplomacy

Even though governments are increasingly prioritising national interests in their economic and financial policies, these very priorities can still offer ways to achieve greater cooperation in tackling global warming. This is the central message of a joint discussion paper presented today at the COP30 climate conference by the Potsdam Institute for Climate Impact Research (PIK) and the research team at KfW, one of the world’s leading promotional banks. The paper highlights the growing need for investment in fossil-free technologies and outlines incentive mechanisms for new international cooperation.