(MENAFN- Trend News Agency) BAKU, Azerbaijan, March 28. Until the middle of
this century, the cumulative macroeconomic impact would amount to
280 to 900 billion euros, if the climate change is not tackled,
Steffi Lemke, German Federal Minister of the Environment, said,
addressing the 9th Berlin Energy Transition Dialogue, trend reports.
"These are huge sums that are difficult to imagine. And these
are forecasts that motivate us as a government to act urgently and
that is what we are doing," she said.
According to the minister, a nature-based energy transition is
needed.
"So, the massively accelerated expansion of renewable energies,
wind power, onshore/offshore, photovoltaics, electrolyzers. We have
to manage these products in a way that is compatible with nature.
That offsets the impact on nature so that we do not fuel another
ecological crisis with this. And the energy transition itself also
has to be carried out in a way that spares resources. Because we
have a huge demand of raw materials. And we have to make huge
investments in a short periods of time. We need to ensure
sustainable funding and a raw material-sensitive energy
transition," she explained.
Lemke pointed out that, in order to save raw materials, the
Federal Ministry for the Environment is currently working on the
circular economy strategy which places great focus on the
development of functioning and closed-loop material cycles.
"In Germany, we will be using nature-based climate solutions.
And these solutions will focus on re-cultivating and rehabilitating
ecosystems. So, for example, we will be reforesting forests. We
will be rehabilitating sea grass beds, and we will be
rehabilitating floodplains for positive climate effects. This will
have a positive influence on climate protection because these
ecosystems can store carbon at a large scale. And if we want to
continue using natural resources or if we continue losing natural
resources through wildfires and droughts, we have to invest, on the
other hand, to maintain ecosystem services and ecosystem
functions," she noted.
According to the minister, this action program of nature-based
solutions will be approved by the Federal Government tomorrow, as
well as 4 billion euros of investments in this program in Germany
in the coming 4 years.
"We want to make sure that rehabilitation can take place on a
larger scale. And that is not only a contribution to climate
protection. But also for maintaining biodiversity and that it is
also a means of preventing the inevitable consequences of climate
change that we can already foresee today," she said.
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