This analysis outlines the main critical areas of the upcoming negotiations and key demands from civil society ahead of the COP27 Opening Plenary.

The introduction of an oil embargo could significantly increase economic pressure on Russia. While the effect of an embargo on Russian military capabilities over the coming months would be minimal, it is unclear at present how long the war will last and whether it will spread beyond Ukraine. In the worst case, the West is currently financing a future war against itself.

With the two-day Biden leaders' summit on climate attended by 40 countries, the United States has returned to the international stage of climate diplomacy. Whether the increased ambition of new climate action pledges via video made by several core countries can be implemented in a binding manner, however, remains an open question - not only, but also including in the United States. An urgently needed signal that the Biden administration is prepared to take on a leadership role in international climate finance in the run-up to COP 26, however, was missing in action.

On 14 July 2021, the European Commission will present its proposals for implementing the EU Climate Law - the so-called “Fit-for-55” package. This will be the starting signal for one of the most important EU debates of the next years: how can the EU reduce its greenhouse gas emissions by 55% by 2030 and how can it become climate neutral by 2050?