Steam rises from chimneys of a coal-fired power station in Germany. AP
Steam rises from chimneys of a coal-fired power station in Germany. AP
Steam rises from chimneys of a coal-fired power station in Germany. AP
Steam rises from chimneys of a coal-fired power station in Germany. AP

Eleven EU nations form 'group of friends' to drive green action


Tim Stickings
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Eleven European countries are forming a green alliance to overcome EU climate gridlock and drive more ambitious action.

Germany, France and nine other countries said climate policies were “still falling short” of the transformation needed.

They said they would seek to build alliances with like-minded countries at the upcoming Cop27 climate summit in Egypt.

The EU has proposed a vast package of green reforms known as the European Green Deal aimed at slashing emissions by 2030.

But key elements, such as the role of nuclear power and the future of petrol cars, have been bogged down in divisions among the 27 EU members.

The new, smaller “Group of Friends” said it would seek to speed up the switch to clean energy and embed climate action in the EU’s foreign policy.

Showing leadership on climate change could help Europe ally with a global south often wary of the rich world’s demands, they said.

The new club “is a sign of leadership in mitigation action and solidarity with the most vulnerable,” said Jennifer Morgan, Germany’s special envoy for climate action.

German Foreign Minister Annalena Baerbock said investing in renewable energy was a matter of “hard security policy” because of security risks linked to climate change.

Security officials in many countries describe climate change as a security threat because of its potential to cause conflict in fragile parts of the world.

The new club said it would reinforce this point by drawing up risk assessments of how climate change can threaten peace.

The group “is committed to enhancing co-operation, co-ordination and implementation of ambitious climate diplomacy action” by the EU, members said.

Climate change “is an existential threat to humanity, international peace, and security with millions of people at risk of being displaced from their homes and livelihoods being destroyed,” they said.

“Despite these severe consequences, which are aggravated by the Russian aggression against Ukraine, global climate action is still falling short to achieve the 1.5ºC”, meaning the target of limiting global warming to that level.

Denmark, Finland, France, Germany, Ireland, Latvia, Lithuania, Luxembourg, the Netherlands, Spain and Sweden are members of the club.

German officials are separately working on building a “climate club” of like-minded countries beyond Europe, to escape gridlock in forums such as the UN and G20.

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What is blockchain?

Blockchain is a form of distributed ledger technology, a digital system in which data is recorded across multiple places at the same time. Unlike traditional databases, DLTs have no central administrator or centralised data storage. They are transparent because the data is visible and, because they are automatically replicated and impossible to be tampered with, they are secure.

The main difference between blockchain and other forms of DLT is the way data is stored as ‘blocks’ – new transactions are added to the existing ‘chain’ of past transactions, hence the name ‘blockchain’. It is impossible to delete or modify information on the chain due to the replication of blocks across various locations.

Blockchain is mostly associated with cryptocurrency Bitcoin. Due to the inability to tamper with transactions, advocates say this makes the currency more secure and safer than traditional systems. It is maintained by a network of people referred to as ‘miners’, who receive rewards for solving complex mathematical equations that enable transactions to go through.

However, one of the major problems that has come to light has been the presence of illicit material buried in the Bitcoin blockchain, linking it to the dark web.

Other blockchain platforms can offer things like smart contracts, which are automatically implemented when specific conditions from all interested parties are reached, cutting the time involved and the risk of mistakes. Another use could be storing medical records, as patients can be confident their information cannot be changed. The technology can also be used in supply chains, voting and has the potential to used for storing property records.

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Updated: October 18, 2022, 12:01 PM