At the summit in New Delhi, India, countries The G-20 does not have set major climate goals, including reducing greenhouse gas emissions by 60% by 2035 and achieving carbon neutrality before 2050.
They agreed to triple the global capacity of renewable energy sources by 2030 and recognized the need to gradually reduce the use of coal power, reports Reuters.
It is noted that G-20 member countries together account for more than 80% of global emissions. The collective efforts of the decarbonisation group are therefore crucial in the global fight against climate change.
The material said that there were disagreements in the "Group of Twenty". Russia, China, Saudi Arabia and India opposed the 60% reduction in emissions during previous meetings.
"By 2030, member countries will continue and encourage efforts aimed at tripling the global capacity of renewable energy sources in accordance with national circumstances," the declaration adopted at the summit reads.
Reuters explained that national circumstances will be taken into account when phasing out coal power. However, the document does not mention a reduction in the use of crude oil, which is probably due to pressure from one of the world's largest oil exporters, Saudi Arabia.
It is noted that the G-20 leaders recognized the importance of accelerating measures that will facilitate the transition to low-emission energy systems. In particular, accelerating efforts to gradually reduce the use of coal power in accordance with national circumstances.
The article emphasized that the G-7 countries sought to agree on achieving climate neutrality sooner than by 2050. However, the G-20 declaration does not contain such obligations.
The document also identified the need to provide low-cost and stable financing to developing countries to support their green transition.
Earlier, EcoPolitic wrote, that the study of the UN Intergovernmental Panel on Climate Change (IPCC) showed that by the early 2030s the world will exceed the limit of warming by 1.5°C, and by 2100 it will reach 3.2°C .
As EcoPolitic previously reported, a study by climatologists with the help of artificial intelligence showed that the world cannot avoid warming by 1.5°C, which will happen between 2033 and 2035.
