G20 leaders face tough climate change talks on second day of summit

The leaders' first face-to-face gathering since the start of the COVID pandemic - focused mainly on health and the economy, while climate and the environment is front and centre of Sunday's agenda.

emissions
3 min read Last Updated : Oct 31 2021 | 7:30 AM IST
Leaders of the Group of 20 major economies sit down for a second day of talks on Sunday faced with the difficult task of bridging their differences on how to combat global warming ahead of a crucial United Nations summit on climate change.
The first day of the Rome summit - the leaders' first face-to-face gathering since the start of the COVID pandemic - focused mainly on health and the economy, while climate and the environment is front and centre of Sunday's agenda.
 
Climate scientists and activists  are likely to be disappointed unless late breakthroughs are made, with drafts of the G20's final communique showing little progress in terms of new commitments to curb pollution.

The G20 bloc, which includes Brazil, China, India, Germany and the United States, accounts for an estimated 80% of the global greenhouse gas emissions which scientists say must be steeply reduced to avoid climate catastrophe.
 
For that reason, this weekend's gathering is seen as an important stepping stone to the UN's "COP26" climate summit  attended by almost 200 countries, in Glasgow, Scotland, where most of the G20 leaders will fly directly from Rome.
 
"The latest reports are disappointing, with little sense of urgency in the face of an existential emergency," said Oscar Soria of the activist network Avaaz. "There is no more time for vague wish-lists, we need concrete commitments and action." A fifth draft of the G20's final statement seen by Reuters on Saturday did not toughen the language on climate action compared with previous versions, and in some key areas, such as the need to achieve net zero emissions by 2050, it softened it.
 
This mid-century target date is a goal that United Nations experts say is needed to cap global warming at 1.5 degrees Celsius, seen as the limit to avoid a dramatic acceleration of extreme events such as droughts, storms and floods.
 
U.N. experts say even if current national plans to curb emissions are fully implemented, the world is headed for global warming of 2.7C.The planet's largest carbon emitter China, is aiming for net zero in 2060, while other major polluters such as India and Russia have also not committed to the mid-century deadline.

G20 energy and environment ministers who met in Naples in July failed to reach agreement on setting a date to phase out fossil fuel subsidies and end coal power, asking the leaders to find a resolution at this weekend's summit.
Based on the latest draft, they have made little progress, pledging to "do our utmost" to stop building new coal power plants before the end of the 2030s and saying they will phase out fossil fuel subsidies "over the medium term." On the other hand, they do pledge to halt financing of overseas coal-fired power generation by the end of this year.
 
Some developing countries are reluctant to commit to steep emission cuts until rich nations make good on a pledge made 12 years ago to provide $100 billion per year from 2020 to help them tackle the effects of global warming.
That promise has still not been kept, contributing to the "mistrust" which UN Secretary General Antonio Guterres said on Friday was blighting progress in climate negotiations.

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :G20 summitClimate Change talks Carbon emissions

Next Story