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Businesses now face the necessity of implementing climate strategies.

Business leader Jobst Jenckel, head of Klimainvest, articulates the urgency for corporations to adopt a climate strategy in today's world.

"Climate strategy is essential for companies in today's world"
"Climate strategy is essential for companies in today's world"

Businesses now face the necessity of implementing climate strategies.

In the face of the COVID-19 pandemic, the vulnerability of the economy has never been more apparent. Yet, amidst this global challenge, there is a growing movement towards a more sustainable economy, and Europe is at the forefront of this change.

One company leading the charge is Klimainvest Green Concepts GmbH, headed by CEO Jobst Jenckel. This German company connects green energy producers and consumers across Europe, promoting the use of renewable energies such as wind, water, and solar power.

Jenckel envisions a society and economy that harnesses these resources instead of relying on coal, paving the way for progress while breaking away from outdated patterns. His company is also involved in the integration of post-EEG plants into green energy products, ensuring the profitability of these sustainable energy sources.

The European Union (EU) is also making significant strides in promoting sustainable economic practices. The European Council has adopted the European Climate Law, setting binding climate targets to reduce CO2 emissions by 55% by 2030 and achieve climate neutrality by 2050.

To achieve these goals, the EU is implementing various initiatives. Regulatory frameworks and funding programs are being put in place to support energy-efficient renovations, digitalization, and infrastructure investments. These initiatives also place a strong emphasis on ESG (Environmental, Social, and Governance) criteria, ensuring that businesses are not only profitable but also sustainable.

Financing is being strategically adapted with support from federal and state programs. A focus is being placed on balancing fixed and variable interest rates to manage risks in volatile markets.

The U.S., under President Biden, has also re-joined the Paris Agreement, signalling a commitment to reducing carbon emissions and promoting renewable energy.

Meanwhile, China has introduced a national emissions trading system for companies this year, further demonstrating the global shift towards a more sustainable economy.

Sustainability is no longer an optional extra for businesses and the financial sector. It has become a necessity. Major companies like Apple, Microsoft, Google, Allianz, Daimler, and Deutsche Bank are publishing their climate neutrality strategies. Even the Rockefeller Foundation, once heavily invested in oil, has now shifted its focus to renewable energy.

In this new era, Klimainvest Green Concepts GmbH is playing a crucial role in shaping a sustainable future for Europe and beyond.

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