"G-20 Climate Talks Stall Ahead of Rome Leaders’ Summit"

"The world’s major economies are gridlocked in their efforts to agree concrete steps to tackle climate change just two weeks before a crucial summit in Rome, according to three people familiar with the matter.

Preparatory talks between G-20 officials this week failed to end in an agreement to reduce coal subsidies and curb methane emissions. There wasn’t even a consensus on striving toward net-zero emissions and limiting global warming to 1.5 degrees from pre-industrial levels, the people said, asking not to be named discussing confidential deliberations.

The G-20 summit will take place immediately before crunch climate change talks, known as COP26, where leaders hope to unveil a big-sounding agreement. Earlier this week, COP26 President Alok Sharma, said the Rome summit would be a “make or break” moment for ensuring the world avoids climate catastrophe."

Alessandro Speciale, Chiara Albanese, and Alberto Nardelli report for Bloomberg Environment October 15, 2021.


"UN Launches Pledge to Stop Building New Coal Power Plants" (Bloomberg Environment)

"Factbox: Climate Targets – Making Sense Of The Promises" (Reuters)

"U.S. Climate Adviser Kerry To Visit Mexico, Britain This Week" (Reuters)

Source: Bloomberg Environment, 10/18/2021