G20 leaders are to meet this weekend, hopes are slim that they can agree on ambitious action on the climate crisis. And it could lower expectations ahead of crucial COP28 climate talks that begin in November. G20 countries account for 85% of global GDP and a similar amount of global climate warming emissions, making action in the forum crucial to real progress. Climate finance demandsBut per capita coal emissions have risen across the G20 since 2015, research showed this week, despite transition efforts by some members. Wealthy nations have already failed to deliver on a pledge to provide $100 billion a year in climate finance to poorer nations by 2020.

Source: News 24 September 08, 2023 20:37 UTC