G20 agrees statement on environment
Environment and energy ministers from the Group of 20 rich nations were making little progress on 22 July 2021 on how to reach climate goals, officials said, with a cluster of countries resisting any firm commitments. The G20 meeting in Naples discussed biodiversity and the natural environment.
- Italy, which holds the rotating G20 presidency this year, said the environment communique had finally been agreed to the "great joy" of all 20 countries after "weeks of negotiations and a two-day non-stop session".
- The G20 meeting is seen as a key intermediate stage ahead of global climate talks known as COP 26 to be held in Glasgow in November.
- The urgency of climate action has been brought home this month by deadly floods in Europe, fires in the United States and sweltering temperatures in Siberia, but countries remain at odds on how to pay for costly policies to reduce global warming.
- Developed countries agreed at the United Nations in 2009 to together contribute $100 billion each year by 2020 in climate finance to poorer countries, many of whom are grappling with rising seas, storms and droughts made worse by climate change. However, that target has yet to be met.