Leaders of the world’s biggest economies made a compromise commitment Sunday to reach carbon neutrality “by or around mid-century” as they wrapped up a two-day summit that was laying the groundwork for the U.N. climate conference in Glasgow, Scotland.
ROME — Leaders of the world’s biggest economies agreed Sunday to stop funding coal-fired power plants in poor countries and made a vague commitment to seek carbon neutrality “by or around mid-century” as they wrapped up a Rome summit before the much larger United Nations climate conference in Glasgow, Scotland.
The G-20 countries represent more than three-quarters of the world’s greenhouse gas emissions, and Britain had hoped for a “G-20 bounce" going into the Glasgow COP26 meeting. Environmentalists and scientists have described the U.N. conference as the world's “last best hope" for nailing down commitments to limit the global rise in temperature to 1.5 degrees Celsius above the pre-industrial average.
Before leaving Rome, U.S. President Joe Biden called it “disappointing’ that G-20 members Russia and China ’basically didn’t show up” with commitments to address the scourge of climate change ahead of the U.N. climate conference. “We made commitments here from across the board in terms of what we’re going to bring to ,” the president said. “As that old trade saying goes, the proof of the pudding will be in the eating.”“Why do you believe 2050 is some magic figure?” Lavrov asked at a news conference. “If it is an ambition of the European Union, it is the right of other countries also to have ambitions....No one has proven to us or anybody else that 2050 is something everyone must subscribe to.
At the Rome summit, leaders agreed to “put an end to the provision of international public finance for new unabated coal power generation abroad by the end of 2021.” That refers to financial support for building coal plants abroad. John Kirton, director of the G-20 Research Group at the University of Toronto, said the leaders “took only baby steps” in the agreement and did almost nothing new.
“The climate crisis is only going to become more urgent. We can still avoid the worst consequences, we can still turn this around. But not if we continue like today,” they wrote, just weeks after Thunberg shamed global leaders for their “blah blah blah” rhetoric during a youth climate summit in Milan.
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