Climate change will be front and center at the upcoming G20 summit

Climate change will be at the heart of the debate for G20 countries in the upcoming summit in Buenos Aires.

Climate change will be at the heart of the debate for G20 countries in the upcoming summit in Buenos Aires.

Officials and diplomats from G20 members are seeking for solutions, not only for climate change and the trade war but also its impact on steel prices and immigration, according to an Argentine official familiar with the talks.

Pedro Villagra Delgado stated that these matters were the “most complex” in the upcoming talks between the governments. Still, he expressed his optimism on possible agreements and informed that the conclusions will be made public during the summit’s final statement, Reuters reported.

The final statement will be part of the summit’s closing ceremony, scheduled for November 30 and December 1. This document should be short, no longer than 3 pages, and must address matters that are understandable by any listener, Villagra said. The modernization of the World Trade Organization could be another focus of the debate, he added.

The United States could represent an obstacle for these discussions. In detail, the American nation has shown no signs of wanting a climate change deal, especially after withdrawing from the Paris Agreement. The differing stances on this decision made by President Donald Trump marked the summit held in Hamburg in July 2017.

Furthermore, the differences emerged once again during the G20 officials’ reunion to discuss energy, held in Argentina in June 2018. The need to reduce coal consumption – a use encouraged by the United States – was not mentioned during said meeting’s final statement.

Climate Change

Climate change still has a vital role in this summit, given the warnings issued by international organizations, which are concerned about the future of the planet if pollution levels are not reduced.

The Intergovernmental Panel on Climate Change (IPCC) issued a report showing conclusive evidence that unless environmentalist policies are amended, global temperatures could rise to 2°C from over preindustrial levels. This would unleash devastating consequences for all continents.

The Paris Agreement, signed in 2015, aimed to create an alliance between countries to combat this scenario. Nevertheless, the United States, one of the main players in climate change, decided to exit the deal.

Under the Trump Administration, United States has been promoting polluting industries, such as coal and oil. Currently, this nation stands as the world’s top crude producer and is recovering its coal production industry.

In this sense, negotiations will encounter opposing stances on the necessary measures to lower pollution, and the economic consequences that could arise from implementing them.

Other important aspects to be discussed at the G20 summit

In addition to climate change, the parties will also discuss other very important aspects.

Firstly, steel is taking a leading role in the trade war between the United States and China. According to Villagra, China is also facing other G20 members, which could further complicate negotiations. However, he offered no further details.

A senior Chinese politician spoke about a meeting between the Chinese and U.S. presidents at the G20 summit; which would be “of great importance” at a time when these countries’ could mend their bilateral relations.

Regarding immigration, not all governments agree with the fact that the provisions made on the matter are published in the document.

About G20

G20 reunites the most industrialized countries, which concentrate great economic power in the world.

This group was created in 1999 with the mission to reach multilateral agreements on matters related to economy.

The group organizes meetings to discuss matters of global interest and the conclusions reached on each occasion generate guides that each member commits to follow.

The current G20 members are Germany, Saudi Arabia, Argentina, Australia; Brazil, Canada, China, South Korea, United States, France, India, Indonesia, Italy, Japan; Mexico, United Kingdom, Russia, South Africa, Turkey, and the European Union.

It is worth noting that, even though the European Union is listed as a member, countries in the union participate individually.

For more information, check Energía16

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