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Talk by Prof. Peter Droege, President of EUROSOLAR Decade of Regeneration / Regenerative Earth Decade: Necessary measures for climate stabilization measures require: 100 percent renewable energies are only the beginning. Find the complete statement here: https://www.eurosolar.de/en/index.php... Now it is time to unleash the Regenerative Age. This is the 10-point plan devised by Professor Droege and the EUROSOLAR Board for the Regenerative Earth Decade Action Framework and its Exchange Platform. 1. Climate Defence Budgets A central vision involves the introduction of national climate defense budgets for the rapid phase-out of fossil fuels and a switch to renewable energies - this may account for five to ten percent of the gross national product – at the outset estimated as equivalent to four to eight times average military budgets - now in need of redirection and repurposing to climate defence action. 2. Climate Peace Diplomacy It introduces the concept of climate emergency diplomacy, that of ending wars and acts of war, in the common interest in the fight for survival - against the common enemy of global warming. See www.climateforpeace.org for a basic concept sketch. Climate diplomacy also includes climate migration management plans: billions of fellow human beings will be forced to migrate very soon: the business-as-usual RCP8.5 / three degree Kelvin mean average temperature rise scenario implies that up to one third of the world’s population may have to migrate over the next 50 years. 3. Fossil Fuel Industry Restructuring Fossil fuels are on their way out - but the influence and inertia of incumbent industries has meant a acheingly slow transition. The targeted restructuring of fossil industries is needed: through technical substitution programs, the elimination of structural subsidies and, where necessary, structural measures such as transformation assistance. 4. Regenerative Employment Programs The major aim is the replacement of jobs in the fossil industries by prioritized structural reforms towards renewable industries. By structuring opportunities in renewable energy oriented retraining, research, development, manufacturing, maintenance, investment and policy development we can not only ease the transition of workers, job opportunities but also dramatically boost the sheer number of available jobs. 5. Redefinition of Emission Targets Climate neutrality is not enough, but even so-called zero emission targets alone are no longer sufficient. The long term stable CO2 level peaked at 280 ppm, current levels will exceed 420 ppm very soon. Long-term stable methane levels were at 600 ppb, current levels may soon exceed 2,000 ppb. Emissions targets are not only set too high – they should be set below zero. The global economy needs strategies that are suitable for reducing greenhouse gas (GHG) concentrations in the atmosphere by reversing the flow of emissions. 6. Source Taxation of Fossil Fuels and their Phasing Out through Prohibition The classification of fossil resources as toxic: their extraction and distribution should become highly taxed in a short transition period to prohibition. This task examines paths and means to athis based on precedents and routes to success in other area of emission and waste regulation. 7. Biosequestration: the rapid development and regeneration of healthy, climate-active agricultural soils, wetlands and forests Carbon concentration reduction in the atmosphere requires as one of the most available mechanisms the activation of the natural capacity of healthy soils and natural land cover in drawing down and absorbing and retaining atmospheric carbon. 8. Industrial sequestration: Transformation for Carbon Uptake The transformation of the construction industry and all industries and manufactories into carbon-sequestration processes demands the large-scale conversion of atmospheric CO2 into wood, carbon fibers and other solid carbon products. 9. Regenerative economic boost benefiting from migrant streams Taking full advantage of unprecedented productivity and innovation in the new regenerative industrial reality to massively expand prosperity and high-quality employment opportunities for all citizens – and especially for existing and new migrants. 10. A Regenerative Finance Mechanism Mechanisms are needed that reward long-term investments such as system-wide defossilization, agricultural reform and afforestation with higher returns than short-term ones. This calls, for example, for ‘Future Banks’ that create special currencies with negative interest rates, thus incentivizing spending tied to sustainable products and services.