(Bloomberg) — Leaders of the Group of Seven nations have not taken concrete measures to curb global warming, an outcome that does not bode well for this year’s major climate negotiations.
Leaders of some of the largest economies gathered over the weekend for the first time since the United States returned to the Paris climate agreement, and President Joe Biden sought to show unity on the issue after four years of backsliding under Donald Trump. However, the final statement lacked concrete commitments on stopping coal use, raising funds to help developing countries and ditching polluting vehicles.
The group moved away from an initial plan to set a specific date to stop burning the dirtiest fossil fuels, despite efforts by the UK, the summit host, to do so, even though it made a new commitment to end foreign investment in coal. . The final text recognized coal energy as the “main cause” of greenhouse gases. But he only promised “a rapid expansion of technologies and policies” to stop burning this fuel without sequestering carbon dioxide in the next decade, depending on individual country goals.
The G7 meeting sets the tone ahead of the 197 nations meeting in Scotland in November for crucial climate talks hosted by Britain. US and UK leaders said the meeting was the last chance to draw up a plan to limit global warming to 1.5°C. The British government is confident that the summit will allow all countries to reach an agreement to give up coal energy, with the Group of Seven leading.
“The G7 failed to prepare us for a successful COP26 conference,” said Jennifer Morgan, Executive Director of Greenpeace International.
Countries have also softened the proposal to push for electric cars, deciding there is no goal to ensure that the majority of new cars sold are environmentally friendly vehicles. And they failed to deliver on their decade-long promise to mobilize $100 billion annually in funding to help the poorest countries tackle climate change. Instead, the statement reiterated the promise to reach the milestone, even though it was supposed to come true last year.
“We didn’t see a clear signal at the G7 meeting on how to implement the delivery of the US$100 billion,” Patricia Espinosa, head of the United Nations Climate Change Secretariat, said in an interview with BBC Radio 4 on Monday. . “This is really unfortunate.”
Nota Original: G-7 lacks atmosphere even as US returns to Paris deal
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