The Hangzhou G20 communiqué issued today brought climate change to the centre stage of the global political agenda and sent a strong signal for all nations to join the Paris Agreement as soon as possible.
This is the first time in the history of the G20 that the Sustainable Development Action Agenda is among the most important aspects of the outcome document.
China and the United States – the world’s two largest greenhouse gas emitters – have now officially joined the Paris climate accord, meaning 26 parties to the Paris Agreement and 39% of global greenhouse emissions have been accounted for. Another 29 countries and 16% more of our global emissions will bring the convention into force.
Greenpeace is now urging governments around the world to bring the Paris Agreement into force by the end of this year and begin working on a new era of more ambitious global climate action.
The upcoming Montreal Protocol discussions and the International Civil Aviation Organisation process will be the next key steps for China to show its commitment to tackling climate change.
The lack of progress on outlining a concrete timetable for the phasing out of fossil fuel subsidies is a reminder that the G20’s collective action on climate change must go further.
In the coming year, Germany must take up the mantle and continue to push for strong climate action in its role as G20 President. Greenpeace is calling for Germany to lead by example and show the world that it is ready to transform its economy into a zero-carbon economy and finalise the phase-out of coal by 2035 the latest.
‘Investors should pay close attention and not miss the momentum on shifting trillions of dollars from dirty to clean investments.
‘Hosts to this year’s G20, China has shown great leadership on climate over the last year. Against a backdrop of declining coal consumption and rapid renewable energy growth, China has even greater potential now to match its political effort with further action.’
Greenpeace East Asia’s senior climate policy adviser
The Paris Agreement will enter into force after 55 countries that account for at least 55% of global emissions have joined the agreement.
A surge in countries joining the Agreement is expected in the coming months.
Click here to track the progress of countries ratifying the Paris Agreement.
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