That is the right answer!

In total, dry peatlands in Germany emit around 53 million tonnes of CO2 equivalents (Minßen et al. 2022). That is a share of around 6.5 % of total German greenhouse gas emissions. That's a lot compared to the small area covered (Abel et al. 2019, UBA 219

By comparison: A total of 746 million tonnes of CO2 equivalents were emitted in Germany in 2022. Emissions from the energy sector were 249 million tonnes of CO2 equivalent (Umweltbundesamt 2023 a & b).

A large proportion could be saved through rewetting and renaturalisation.

The savings potential is so great that these measures are also listed in the Paris Climate Agreement of 2015 and climate policy plans such as the Climate Action Plan 2050 (Abel et al. 2019).

Abel S., Barthelmes A., Gaudig G., Joosten H., Nordt A. & J. Peters (2019) Climate protection on peatlands - solutions and best practice examples. Greifswald Mire Centre publication series 03/2019, p. 84 https://greifswaldmoor.de/files/images/pdfs/201908_Broschuere_Klimaschutz%20auf%20Moor böden_2019.pdf

Jansen-Minßen, F., Klinck L., Krause A. (2022): Future of peatland sites in the coastal region of Lower Saxony - facts, questions, approaches for action, Grünlandzentrum Niedersachsen/Bremen e.V. https://www.gruenlandzentrum.org/wp-content/uploads/2022/10/Faktencheck_digital.pdf

Federal Environment Agency (2023 a): Energy-related greenhouse gas emissions in Germany by sector in 2022 (in million tonnes of CO2 equivalent), in Statista. Accessed on 03 May 2023, from https://de.statista.com/statistik/daten/studie/312450/umfrage/treibhausgasemissionen-in-deutschland-nach-quellgruppe/

Federal Environment Agency (2023 b): Level of greenhouse gas emissions in Germany in the years 1990 to 2022 (in million tonnes of CO2 equivalent), in Statista. Accessed: 03 May 2023. de.statista.com/statistik/daten/studie/76558/umfrage/entwicklung-der-treibhausgas-emissionen-in-deutschland/

UBA (2019) National Inventory Report for the German Greenhouse Gas Inventory 1990 - 2017. Federal Environment Agency (UBA), Berlin. Available at https://unfccc.int/documents/194930