Advertisement
Advertisement
India
Get more with myNEWS
A personalised news feed of stories that matter to you
Learn more
India’s PM Narendra Modi, US President Joe Biden (center), and other leaders on the sidelines of the G20 summit in New Delhi on Sunday. Photo: TNS

G20 declaration fails to address climate change challenges ahead of key UN conference

  • The G20 declaration falls short of firm steps required to reduce the use of fossil fuels and achieve the goal of capping global warming, analysts say
  • Developing economies also need more help to cope with climate change as they bear the brunt of adverse weather
India
The G20 declaration adopted over the weekend in New Delhi on clean energy production has fallen short of concrete steps required to lay the groundwork for the coming COP28 United Nations conference on climate change, analysts say.
The statement does not provide a clear timeline for reducing fossil fuel production and steps for climate-related financing for poorer countries towards achieving the long-term goal of capping the rise in average global temperature at 1.5 degrees Celsius, according to the analysts.
The G20 summit was hailed as a success by India and other members for their commitments under the declaration. Among them are an agreement to triple renewable energy production and a US$4 trillion spending goal to achieve a clean energy transition. The bloc also admitted the African Union as a member to amplify the voice of developing economies in the south.

In a year of extreme weather events, the G20 declaration was “unacceptable” ahead of the COP28 conference, said Christopher Beaton, a researcher at the International Institute of Sustainable Development (IISD).

“G20 leaders once again failed to acknowledge the need to phase down all fossil fuels – coal, oil and gas. Neither of this bodes well for COP 28, where the Global Stocktake emphasises the need for bold collective action,” Beaton said.

The “Global Stocktake” report, a key UN review released last week of countries’ efforts to reduce greenhouse gas emissions, said tackling climate change will need a rapid transformation of the way the world lives, works, travels and uses energy. The report is expected to guide decision-making by leaders at the COP28 climate talks in Dubai later this year.

The G20 declaration mentioned emissions worldwide have to fall by at least 43 per cent by 2030 from the levels in 2019 to achieve the key goal under the Paris Agreement of capping global warming at 1.5 degrees Celsius.

A rapid phasing out of financial support for fossil fuels is a critical first step that should have been part of the declaration, Beaton said. G20 countries spent a record US$1.4 trillion on fossil fuels last year, according to a new report by IISD.

Some of the reforms needed to achieve the transition to clean energy are expected at the COP28 conference, analysts said.

While the G20 goal of tripling renewable energy capacity by 2030 is a positive development, “this remains very much an aspirational goal, with no clear plan for either implementation or accountability,” said Beaton, adding that the G20 has to take the lead given the economic clout of its members.

03:15

US, Russia praise G20 summit declaration as India meeting closes without Putin and China’s Xi

US, Russia praise G20 summit declaration as India meeting closes without Putin and China’s Xi
G20 members include the world’s biggest economies – the United States, China, Japan, the European Union, Germany and Britain – and together account for 80 per cent of global gross domestic product and 75 per cent of international trade.

“The boldest, fastest action should be from the G20’s highest per-capita income members, given their historical responsibility for emissions and higher emissions per unit of GDP,” Beaton added.

Analysts also point out that G20 members must do more to help poorer countries cope with the impact of climate change such as through financing.

According to a report by US-based Climate Central non-profit organisation, countries with the lowest carbon emissions – typically developing economies – bore the brunt of significantly warmer temperatures from June to August this year due to climate change compared with G20 nations.

A road map to resolve the debt problems of poorer countries and implement reforms of multilateral lending organisations is needed, said Biswajit Dhar, a professor at the Council for Social Development, a Delhi-based research institute. Such measures would be a significant step towards achieving global climate goals but are missing in the G20 declaration.

Poorer countries, particularly African nations, are facing huge debt problems, which have been exacerbated by the Covid-19 pandemic and the effects of climate change. “If you are bringing the African nations to the [G20] table, then you should offer something substantive to them,” Dhar said.
“The reforms of multilateral banks [such as the World Bank] have to be fast-tracked. There is a lot of talk but there is no clarity on how we are going to walk the talk,” he added.

Heavily indebted countries typically borrow from individual governments like China and India, institutions such as the World Bank, and private creditors, with the latter two groups accounting for the bulk of the financing, Dhar said.

While the intent to boost renewable energy production is a positive step, analysts said there is a critical need to lower global emissions within the next few years, particularly through capping fossil fuel production.

Heavy pollution at a garbage dump in New Delhi. Analysts say more firm steps are required to help developing countries cope with the impact of climate change and reduce greenhouse gas emissions. Photo: AP

“This means not expanding any coal plants or gas use. It also means not using further oil. This level of ambition, keeping in mind poverty eradication and equity needs, is a real challenge,” said Aarti Khosla, director of Climate Trends, an environment consultancy.

While the G20 declaration was a diplomatic victory for India, firm and urgent steps are required to tackle global climate change, Khosla said.

“Unless those able to act can act fastest, and others make real commitments to act coming out of their comfort zones, planetary warming will not be tackled and impacts and disasters will mount at a pace the world has not witnessed before,” she added.

4