World’s top 20 economies not doing enough to fight climate change, says consortium of think tanks
Paris Agreement pledges to cut emissions need to be six times greater if global warming is to be kept below 2 degrees Celsius, says Climate Transparency
The Group of 20 (G20) economies must ratchet up efforts to cut greenhouse gas emissions, shift away from investment in coal towards renewable energy and reduce fossil fuel subsidies.
Experts in the consortium also urged G20 leaders to use the international forum as a complementary platform to the 195-nation United Nations Framework Convention on Climate Change (UNFCCC), to lock in progress made at last year’s Paris conference.
“The G20 has proven that it can be nimble and take action on economic issues, so we’re looking to these countries to do the same for the climate,” said Alvaro Umana, the former environment and energy minister of Costa Rica who is co-chair of Climate Transparency.