A step to the side: the G20’s climate dance

Blog Series: What remains of the G20 Hamburg Summit?
Photo: Pflanzen

Make the finance sector climate resilient

The result of this year’s G20 summit was not a major step forward in solving the climate problem. However, the confrontation with President Trump ended not in a full clash, but rather in a diplomatic climate dance – taking one step back, one step to the side, and one step forward. This presents an opportunity to continue with a climate tango from a new starting point in Argentina in 2018.

Climate Protection under Trump: Implications for the G20

Photo: Coal Power Plant and Wind Turbines

climate protection more important than ever

The new U.S. President Donald Trump has vowed to depart from the climate agenda of his predecessor Barack Obama and introduce a new energy policy. This expected policy shift, if realized, will deal a blow to the G20’s commitments on energy and climate. As a forum of 19 emerging and industrialized markets, plus the European Union, the G20 is responsible for 82% of global emissions related to the energy sector. The G20 countries thus have a key role to play in curtailing global emissions and implementing the Paris Agreement on climate change.