{
  "id": 18249580,
  "title": "CO2 neutrality: Allianz: Germany and the world are missing climate targets",
  "url": "https://urgent.news/2026/11/05/co2-neutralitat-allianz-deutschland-und-die-welt-verpassen-klimaziele",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-05T04:00:38.000Z",
  "source": {
    "name": "Handelsblatt",
    "slug": "handelsblatt",
    "url": "https://www.handelsblatt.com/politik/deutschland/co2-neutralitaet-allianz-deutschland-und-die-welt-verpassen-klimaziele/100267451.html"
  },
  "original_language": "de",
  "account": "Calculations by the Allianz insurance company reveal that both the global community and Germany are set to miss the target of climate neutrality by 2050. If current trends continue, the planet could only achieve climate neutrality by 2064, according to the study. The EU as a whole is projected to reach this milestone in 2057, while Germany will have a later date of 2051. Limiting global warming to 1.5 degrees Celsius appears practically unattainable in this context. Among German-speaking countries, Switzerland leads the way, followed by Germany and Austria. China bears the largest burden for the global climate, emitting a staggering 30% of the world's greenhouse gases, followed by the United States with 11%. The EU ranks first in reducing CO2 emissions but has seen a deceleration in pace. Germany's progress is also insufficient to meet the 2050 climate neutrality goal. Despite political opposition, there are signs of progress as 56 out of the 64 states have reduced their emissions. The shift from coal to renewable energy marked a turning point in 2025, with renewables accounting for 33.5% of global electricity generation, surpassing coal at 33.2%. Economic factors, such as the surge in oil and gas prices following the Iran war, have contributed to this transition by reducing fossil energy consumption and boosting the sales of electric vehicles and solar panels. In 2025, CO2 emissions could even decrease by a slight margin of 0.5%. The table highlights the slow progress of countries like Azerbaijan and Iran, which have shown no measurable advancement in climate action. The insurance company, like other large conglomerates, conducts its own economic research, driven by an inherent interest in climate protection. Damage assessments from the company illustrate the correlation between rising temperatures and increasing natural disasters, indicating a long-term upward trend rather than a linear pattern.",
  "summary": "The farewell to oil, gas and coal was never a political priority in many countries, the USA have moved away from it. Nevertheless, according to the Allianz, the world is making progress in protecting the climate - but too slowly.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}