G-20 News

The G20 “fights” on common ground on the climate

Italy is struggling to reach an agreement on a joint declaration on climate commitments between the G20 countries a few days before a summit it will chair next week, said Italy’s energy transition minister.

Italy, chair this year of the Group of 20 rich and emerging countries, is hosting the G20 meeting on the environment, climate and energy which begins Thursday in the southern city of Naples.

Roberto Cingolani, chosen as minister by Mario Draghi earlier this year, said different levels of economic development around the world made it difficult to find common ground on climate commitments.

“We currently have all the teams at work and I can assure you that we are struggling to come up with a shared document… and we are talking about 20 countries, not 160,” the minister said during a webinar.

G20 countries account for around 80% of global GDP, Cingolani said, “and already these 20 are struggling to accept 55% decarbonization by 2030”.

The summit comes a week after the EU unveiled its most ambitious plan to date to tackle climate change and achieve a collective goal of reducing net greenhouse gas emissions by 55% by 2030.

The package is likely to face intense lobbying from poorer EU member states who want to protect their citizens from price hikes.