Goldman-Sachs-head of climate protection, for profit Abel: How Germany deserves it

on the Other hand, there are many people in Germany feel climate protection under threat. They fear to lose their Jobs, a loss of wealth or higher costs due to

Goldman-Sachs-head of climate protection, for profit Abel: How Germany deserves it

on the Other hand, there are many people in Germany feel climate protection under threat. They fear to lose their Jobs, a loss of wealth or higher costs due to CO2 pricing. The AfD uses these Fears. The party suggests that climate protection and economic success are not mutually exclusive – and collect so many votes.

But is that really so? No, says the head of the European Headquarters of the Bank Goldman Sachs, Wolfgang Fink, in an Interview with the "Frankfurter Allgemeine Zeitung". For him, Ecology and Economy are not a contradiction. He goes even further: "climate protection can be a highly profitable business and Investment."

Great investment opportunity

to stop climate change and get the wealth, it needs, in the opinion of Fink, particularly innovation and investment in new technologies. Of regulations he keeps, however, a little – the policy that it should rather set a framework. "The dynamics of the free market can lead to a sustainable behavior change," said banks-in-chief of the newspaper.

with the climate protection emerge as new investment opportunities. "Our equity strategists speak on the subject of sustainability, even from the greatest investment opportunity of the next 20 to 30 years."

potential for Germany

Germany, Too, can benefit from climate protection – not only in ecological but also in economic terms. FOCUS Online shows what are the chances of Germany on the issue of climate protection has and what it needs to do the country in order to earn in the future.

1. Innovations from Germany

In the climate protection is an economic potential for Germany. Because as a technology-, industry - and export nation, many of the innovative ideas from the Federal Republic of come. German companies set worldwide Standards and also the seal "Made in Germany" is a popular feature of quality.

And here's potential for the German economy: the global understanding that climate and environmental protection is necessary, has increased demand for "green" technologies, products and services is shown. Nations are looking for solutions in order to achieve the climate goals. This is a huge market for new technologies has arisen.

Patrick Seeger/dpa On the back of a Participant in a Fridays for Future Demonstration in Freiburg, Make love not CO2 "is written"

"The question is simple: What we export in 20 years' time?", the physicist and climate policy expert Christoph Bertram of the Potsdam says Institute for climate impact research. "Safe is not the same as it is today." You could see, for example, in the automotive industry. Currently, Germany exports many cars to Asia. But China promotes self-development in the E-mobility area. "Germany must cooperate in the development and must not oversleep this jump to new technologies. We need to be proactive in the area of climate protection.“

the Ministry of the environment sees a lot of potential: German provider could be because of their strength of innovation, system expertise and export orientation of the industry, "environmental technology and resource efficiency" benefit, as it says in the GreenTech-Atlas of 2018.

Thus, the share of industry for environmental technology and resource efficiency in the gross domestic product was already 2016 in Germany at 15 percent. A forecast in GreenTech Atlas is that it could rise by 2025 to 19 percent. The global market volume of environmental technology and resource efficiency could increase in the same period, from 3,200 billion euros to 5.900 billion euros. German companies were already 2016 14 percent share of the world market of the industry.

can be As big of a success for companies with "green" products, currently the California company "Beyond Meat", the meatballs look like meat and taste, without which. In the second quarter, sales increased year on year by a whopping 287 percent to 67.3 million dollars (60,4 million Euro). The Burger has now held in many Fast Food Restaurants feed, and an export best-seller.

"prospects" in FOCUS Online

FOCUS Online, we see not only problems but also solutions. We do not hide what is bad – but we also show what is done, and how each Individual can make a contribution. We give people and ideas that contribute to addressing the individual and societal challenges. To tell these particular stories, we have formed the K-Team. K is a Constructive one. All the items of the K-team can be found under the heading "perspectives".

2. Job motor environmental technology and resource efficiency

The views of the labour market: The "green" industry is a job Creator. In 2016, around 1.5 million people in Germany were employed in the environmental technology and resource efficiency. And the trend is rising. The GreenTech-Atlas predicted an annual growth of 6.7 percent.

BMU and Roland Berger GreenTech-Atlas 2018

a study of the SPD-affiliated Friedrich-Ebert-Stiftung and Prognos AG sees no threat to the German labour market. Although some Jobs would be eliminated, especially in the conventional energy generation and in the automotive industry, according to the study, the weekly newspaper "die Zeit" reported.

in Total, would result in measures such as energy-related building renovation and Expansion of renewable energy sources by 2050, but to a slightly positive employment trend. By 2050, are expected to work in areas such as renewable energy and environmentally friendly mobility of almost five per cent of the workforce. The are almost as many people, as it is today in the automotive industry. "Germany can lead the way towards climate protection, without that the business location is based on," says the climate researcher, Max Ostermayer, who supervised the study, in the "time".

However, it is clear: it is Not exactly where industries soft to protect the climate – such as, for example, in the coal areas of removal incurred by the new Jobs. "Overall, the German industry and energy economy, the loss of compensate for jobs is likely in the medium term. Regional could be, however, without targeted counter-measures losses,“ says Christoph Bertram of the Potsdam Institute for climate impact research. The labour market will change and adapt to new industries need to set. So also, workers are needed new skills.

This means that re-training and new priorities for courses of study or training is needed. The job market must adjust to the new conditions and Demands.

Lennart floor/Reuters A Participant holds during a Fridays for Future Demonstration, a poster with the inscription "Plant trees! The earth's mies" to the top

3. Predictable costs

the researchers recommended a rapid implementation of climate protection measures and a strong Signal of the policy. "We can be the cause of the incalculable cost, the adjustments to further progressive climate change and climate damage, to mitigate, if now with low and predictable is operated cost of climate protection," says Bertram. Germany would thus save considerable costs and the German economy will benefit.

so Far, the signals from the policy were more likely to be restrained. The timetable is also available with the climate package – is still not proportionate to the aim, says the climate researcher. "The policy is too hesitant. Climate protection is, however, a huge investment project. We need to signal to the market, nobody else All-in.“

BMU and Roland Berger GreenTech-Atlas 2018

4. Model Germany

at the same time, investment in green technologies also has a signal effect for other Nations: "we show that We can simplify as a developed country with a high historical responsibility for climate change - now also all the others, for example China and India, the climate protection by developing technologies that can be applied there," says Bertram. Germany can prove itself deliberately as a major, sustainable Player in the world and give strategic importance and benefits.

Germany could show that climate protection is feasible and the other benefits such as less air pollution or a better quality of life in cities - brings. "Wind and solar power are good examples. The initially strong promotion, particularly in Germany, has made it cheap and today, you're also massive in India and China,“ explains the scientist.

the economic impact resulting directly from climate change in other countries could be limited by an efficient climate protection and Germany to come Good. Because: "Germany as an export-oriented industrial country in the centre of Europe benefit, if successful climate protection also allows for stability and prosperity in the us and adjacent regions of the world and in the world," says the researcher to FOCUS Online. Because the migratory pressure and the conflicts around resources such as water, will be exacerbated by climate change.

5. Conclusion

Germany must therefore act quickly and decisively. In the changing market as a result of climate change has a lot of potential for the German economy. Germany should not only respond to the demand, but also proactively to go ahead.

with Material of the dpa

In the PCP In the

Date Of Update: 03 February 2020, 14:00
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