G-20 Leaders to Discuss Climate Change

The G-20 heads of state from the world’s major economies will discuss climate change Sunday on day two of their meeting in Rome.

Saturday, Italian Prime Minister Mario Draghi welcomed the heads of state, including U.S. President Joe Biden, to the Italian capital, where they discussed issues of mutual concern, including the pandemic recovery.

The G-20 leaders supported a sweeping global tax deal agreed to by 136 finance ministers earlier this month, including a minimum 15% global corporate tax rate for companies with annual revenues of more than $870 million. It still needs to be implemented within each member country’s legal framework.

On COVID-19, G-20 health and finance ministers announced the formation of a new panel to improve future pandemic preparedness, proposed by the United States and Indonesia, but did not specify funding for it.

German Chancellor Angela Merkel, French President Emmanuel Macron and British Prime Minister Boris Johnson met on the sidelines with Biden and said they support Biden’s pledge to return the United States to full compliance with the Iran nuclear deal, so long as Tehran does the same. Talks are scheduled for November.

This year’s meeting is the the first face-to-face G-20 meeting in two years. Notably absent were Chinese President Xi Jinping and Russian President Vladimir Putin, who joined virtually, citing pandemic concerns at home.

“Despite the G-20 decisions, not all countries that need them can have access to vaccines,” Putin said. “This happens partly because of dishonest competition, protectionism and because some states, especially those of the G-20, are not ready for mutual recognition of vaccines and vaccination certificates.”

Activists marched Saturday through the streets of Rome protesting the lack of action by G-20 leaders in tackling climate change, before the leaders move on the United Nations climate conference in Glasgow, Scotland.

 

 

 

 

 

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