Lula calls on G20 countries to accelerate compliance with climate goals

The president Luiz Inácio Lula da Silva (PT) This Tuesday, he called on G20 countries to act in the fight against climate change by adopting more ambitious targets for reducing greenhouse gas emissions and bringing them forward.
In a speech during the G20 summit in Rio de Janeiro, the president also asked world leaders to contribute so that the UN COP30 climate summit, which will be held next year in Belém, is a “turnaround” in efforts to contain changes of the climate.
When opening the last session of the G20 summit in Rio de Janeiro, Lula suggested that countries bring forward their goals to achieve climate neutrality by 2040 or 2045, instead of 2050, as Brazil and many other countries have already committed to.
“We have to do more and do better,” said Lula, noting that this will likely be the hottest year on record in the world, while climate disasters such as floods and droughts become more frequent and intense. “There is no more time to waste,” he added.
World leaders are trying to bolster a global response to climate change before Donald Trump returns to the US presidency in January, as the US president-elect plans to reverse US policy on global warming and reportedly exit the historic Agreement from Paris.

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The G20 nations are considered vital in shaping the response to global warming as they represent 85% of the world’s economy and more than three-quarters of the gas emissions that cause climate warming.
In a joint statement on Monday, G20 leaders called for “a rapid and substantial increase in climate finance from all sources from billions to trillions” to tackle global warming.
They also called on negotiators at the UN COP29 climate summit to agree on a new financial target for the amount of money rich nations must provide poorer developing nations on climate finance, the main sticking point in the talks. about the climate.
At the G20 summit, when leaders turned their discussions to the environment, Lula asked developing countries to expand their climate targets to address all emissions that cause global warming, and not just certain sectors or gases.
US President Joe Biden told other global leaders at the meeting that developing countries need to have “sufficient firepower and access to capital” to slow climate change and protect their countries from its effects. This money needs to flow into their economies and make room for indebted countries.
“History is watching us,” Biden said. “I ask that we keep the faith and move forward. This is the greatest existential threat to humanity.”

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Negotiations at COP29
Lula criticized developed countries for failing to deliver on their promise to deliver $100 billion in climate finance annually to developing countries by 2020.
Lula noted that negotiators at the COP29 climate summit, which is underway in Baku, Azerbaijan, are pushing for a new global target for how much wealthier countries should provide to developing nations. Economists suggest the target should be at least $1 trillion a year.
Those negotiations, which are expected to conclude on Friday, are stalled as developed countries call for more countries to contribute to the goal, while the developing world argues that rich nations — those most responsible for climate change — need to pay.
The statement from G20 leaders released on Monday said nations must break the stalemate over funding, but did not give clear guidance on a solution.
“G20 leaders sent a clear message to their negotiators at COP29: do not leave Baku without a successful new financial target. This is clearly in the interests of all countries,” UN climate chief Simon Stiell said in a statement responding to the G20 statement.

Lula demands G20 countries on climate and calls for the COP in Belém to be “turned around”
President asked leaders to adopt more ambitious targets for reducing greenhouse gas emissions and bring them forward
Still, some activists complained that the G20 declaration did not go far enough on climate finance.
“This vagueness in the G20 statement risks undermining confidence in the negotiations, as the G20’s influence is crucial to bridging divides between developed and developing nations,” said Oscar Soria, director of The Common Initiative, a environmental studies center.
Climate negotiators aim to produce a full draft agreement on the financial target by Wednesday evening, said the summit’s chief negotiator, Yalchin Rafiyev of Azerbaijan.
“We picked up the pace,” Rafiyev said. “The result will only be as good as the parties’ commitment to helping us build solutions.”
The G20 also committed to agreeing a legally binding treaty to limit plastic pollution by the end of 2024, with talks resuming next week to reach a two-year deal.
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