SPD.KLIMA. Correspondingly: Generational Capital Act must be reformed sustainably!

SPD.KLIMA. Correspondingly: Generational Capital Act must be reformed sustainably!

Berlin is in turmoil! This Friday, September 29, the Bundestag deals with a topic that not only affects the future of pensions, but also the ecological responsibility of the federal government! The Generation Capital Act (GenkapG) is on the agenda, but is that really enough? The alarming revelations of the SPD.Klima network. Correspondingly, massive shadows throw on the plans: no sustainability criteria in sight!

Imagine: Over a billion euros of the budget are already flowing into companies that rely on the outdated and harmful fossil energy market-coal, oil and gas are among the main professionals! Yes, that's reality! In the meantime, the federal government sees nothing more than return, while the Paris climate goals are falling by the wayside! The outcry of the SPD.Klima. It is clear that there must be a rethink in the state investment!

sustainable investments required!

Not enough! In a courageous position paper, the network demands clear and mandatory sustainability guidelines - the time for empty promises is over! Fossil companies without real plans to turn into a green future must be clearly excluded. The appeal is loud and unmistakable: "The Federal Government must no longer hesitate when it comes to climate neutrality!"

After investigative research by NGOs such as Urgewald and Fossil Free Berlin, it is clearly obvious: Companies like Total Energies that invest in new oil and gas projects are in contradiction to the goals for a future worth living. That will not remain without consequences! Climate protection and responsible systems can no longer be ignored while the earth is suffering!

Safe investment strategies for the future!

Scientific support comes from Prof. Marco Becht: "A transparent decarbonization of the portfolio must be part of the risk management!". This is not only talking about sustainability - a framework of action is required here that is forward -looking and brave! Jonas Rogoll, the 21-year-old spokesman for SPD.KLIMA. It is determined: "Take a look at countries like Norway or Sweden! They show how courageous investment strategies can be implemented successfully." It is high time for Germany to follow this example!

The message is clear. This legislative period could be a turning point. It is time that sustainability is not just empty words, but is implemented - and immediately! The future of pensions and our planet depends on it!