PLEA Network

5 September 2016, Climate Home, G20 reaffirms climate commitments – but dodges deadlines. Leaders back rapid implementation of the Paris agreement and ramping up of green finance, but fail to set timeline for phase out of fossil fuel subsidies. Leaders of the world’s biggest economies reaffirmed their commitment to tackling climate change as the G20 summit came to a close in Hangzhou on Monday night. What they did not agree on were hoped-for deadlines to ratify the Paris climate agreement and phase out fossil fuel subsidies. The G20 communique, released in French before it was released in English, committed the nations to ratifying the Paris climate agreement. Leaders “expect a rapid implementation of the agreement in all its dimensions,” it said. However, it stopped short of calling on the entire G20 to join the agreement by the end of 2016. Arvind Panagariya, India’s chief negotiator at the G20 summit,told The Indian Express that he had argued against the inclusion of such a timeline. “I felt we were not quite ready yet in terms of the domestic actions that are required for us to ratify or at least commit to ratify within 2016. So we plan to do it as soon as possible,” said Panagariya. Read more here