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Sunday, November 28, 2021

Climate action to dominate today’s discussions at G20 summit as COP26 looms closer

Climate action will be the dominant topic at today’s G20 summit, leading discussions as the COP26 meeting looms closer.

The group, consisting of 20 major economies which emit nearly 80% of the world’s carbon emissions, is hoping that a promise to take action will provide a boost to the COP26 climate talks which are scheduled to take place in Glasgow later today.

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However, draft communiques believe that they will not live up to their pledge of keeping global warming to 1.5C above pre-industrial levels and have not provided a clear timeline on how net-zero carbon emissions will be reached.

The ambitious 1.5C target, which was set in the Paris Agreement 2015, implies that emissions will nearly need to be cut in half by 2030 and cut completely by 2050.

However, it’s hoped that some progress will be made before nearly 200 leaders fly to Scotland for COP26.

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A senior US official stated that elements of the G20 statement “are still being negotiated” while adding that it’s about building momentum before COP26 begins.

The official hopes that the summit will end the overseas financing of coal and offer “positive language” on decarbonising the power sector as well as seeing more countries sign up to targets for cutting methane.

UK Prime Minister Boris Johnson has described the COP26 meeting as “the world’s moment of truth” while adding, “Together, we can mark the beginning of the end of climate change – and end the uncertainty once and for all.”

IMAGE – Dianna Bonner/”Emmanuel Macron” (CC BY 2.0) by paquierjacques

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