Saturday’s final G20 declaration does not contain a call to eventually move away from polluting fossil fuels, a goal nonetheless deemed “indispensable” in the first assessment of the Paris Agreement published by the UN climate panel on Friday.
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The text published at the G20 leaders’ summit in New Delhi calls for “accelerating efforts towards reducing coal-fired electricity generation,” which excludes gas and oil, and reaffirming a commitment to “reducing and rationalizing subsidies in the medium term.” inefficient uses of fossil fuels.
However, the leaders of the G20, which accounts for 80% of global greenhouse gas emissions, recognize that according to the recommendations of the IPCC (the United Nations Intergovernmental Panel on Climate Change), limiting global warming to 1.5°C “requires rapid action.” and a strong and sustainable reduction in emissions of 43% by 2030 compared to 2019.”
They also say they support efforts to triple global renewable energy capacity by 2030, while promising to strengthen measures to combat climate change.
The group “will continue and encourage efforts to triple renewable energy capacity,” the statement said. She adds: “We are committed to urgently accelerating our actions to address environmental crises and challenges, including climate change.”
The G20 also warns that investments must “increase significantly”.
Many voices have been raised calling for a stronger G20 commitment on climate.
Brazilian President Lula, whose country participates in the G20, warned again on Saturday of the “unprecedented climate emergency” facing the world due to “lack of commitment to the environment,” citing the floods in his country as an example.
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