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G20's fossil fuel funding contradicts climate pledges

G20's fossil fuel funding contradicts climate pledges

Despite commitments to combat climate change, G20 nations have significantly funded fossil fuel projects in less affluent countries.

Fiona Harvey reports for The Guardian.

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Leaders agree on G20 declaration, but it’s unlikely to drive change on Ukraine War and climate change

As the hosts of the G20 tried to steer discussions towards other issues, the Ukraine war still dominated, reinforcing the deep global divisions.
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Image by ha11ok from Pixabay

G20 finance chiefs meeting in India address global challenges like climate change and rising debt

Finance ministers from the Group of 20 nations meeting in India are set to address critical global economic challenges, including the threat posed by climate change and rising debt among low-income countries.
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India set to push for green World Bank reforms at G20

India wants the World Bank to lend more money for climate finance, at cheaper rates, in developing countries and will use its G20 chair to push this agenda.

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India shakes up global approach to climate change as G20 chair

The world’s second-most populous nation (soon to be the first) intends to use its new position to secure green investment and shift global governance to the benefit of the “Global South,” a grouping that largely includes lower-income nations in Latin America, Asia, Africa, and Oceania.

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Only 6% of G20 pandemic recovery spending ‘green’, analysis finds

The analysis of the G20 fiscal stimulus spending belies claims many governments made a “green recovery” that would “build back better” from upheavals caused by the pandemic and lockdowns.

G20 nations agree to new limits on coal-burning power plants

G20 nations agree to new limits on coal-burning power plants

The world’s largest economies will stop financing coal plants abroad, though that falls far short of what’s needed to fight climate change, raising fears of half-steps at this week’s U.N. summit.