G7 to launch 'climate club' to tackle global warming
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The club will be open to countries committed to the Paris agreement goal of limiting global temperature increases to 1.5 degrees Celsius and achieving carbon neutrality by 2050.
The club's establishment was agreed at the end of a three-day summit of the Group of Seven rich nations in the Bavarian Alps.
When countries develop national strategies to decarbonise their economies, "we want to ensure we do not work against each other and isolate ourselves from each other", he said.
This could be achieved by club members agreeing common carbon pricing standards or uniform standards on what constitutes green hydrogen, for instance.
The club will have "a particular focus on the industry sector, thereby addressing risks of carbon leakage for emission intensive goods, while complying with international rules", the G7 said in the statement.
Environmentalists however have criticised the club as vague on details and unnecessary, saying there are already enough international platforms for climate cooperation.
Without firm commitments on setting a minimum carbon price or imposing sanctions on non-complying members, Scholz's pet project risked becoming "just another club", said Greenpeace Germany executive director Martin Kaiser.
G7 members the United States and Japan have no plans to introduce a national carbon price, campaigners have pointed out.
Scholz acknowledged some countries had "different perspectives" on carbon tariffs but said there were different ways to achieve the same "ambitious goals".