© Reuters. Italy’s Prime Minister Mario Draghi speaks during a news conference at the end of the G20 summit in Rome, Italy, October 31, 2021. REUTERS/Yara Nardi
By Angelo Amante
ROME (Reuters) – Leaders of the Group of 20 major economies made important progress towards tackling the growing threat of global warming, Italian Prime Minister Mario Draghi said on Sunday, hailing the two-day summit a success.
Draghi, acting president of the G20, told reporters that for the first time all member states had agreed on the importance of capping global warming at the 1.5 degrees Celsius level that scientists say is vital to avoid disaster.
He said the aim, as laid out in the final communique, to achieve net zero carbon emissions by around the middle of the century also marked a breakthrough by comparison with previous G20 commitments.
“We made sure that our dreams are not only alive but they are progressing,” Draghi said in a closing news conference, brushing aside criticism from climate activists that the G20 had not gone nearly far enough in trying to resolve the crisis.
“G20 leaders have made substantial commitments … It is easy to suggest difficult things. It is very, very difficult to actually execute them,” he added, saying he thought countries would continuously improve on their climate initiatives.
Charity Oxfam was one of many groups that registered their disappointment, calling the Rome summit a “missed opportunity” full of “vague promises and platitudes” that failed to deliver badly needed concrete action.
Draghi also dismissed suggestions that a group of countries, such as China and Russia, had dented efforts at furthering international cooperation over key issues.
“It was a good surprise. We saw countries that had been quite reluctant to move along the lines we had been suggesting and pressing. And then they moved,” he said.
Most of the G20 leaders in Rome will now fly on to a broader UN climate summit https://www.reuters.com/business/environment/sticking-points-un-climate-conference-2021-10-18 in Scotland, known as the COP26.
“What’s happened here is that the COP26 will build on a pretty solid foundation, with respect to what it was before,” Draghi said.
“We changed the language, the goalpost. 1.5 is now universally agreed, before it wasn’t. Carbon neutrality around 2050 has been agreed, no additional net emissions, before there was no commitment whatsoever. We talked about the end of the century.”
(writing by Crispian Balmer, editing by Gavin Jones)
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
