Brazil’s president has opened the second day of a meeting of the world’s 20 major economies by calling for more action to slow global warming, saying developed nations must speed up their initiatives to reduce harmful emissions
RIO DE JANEIRO — Brazil's president opened the second day of a meeting of the world's 20 major economies Tuesday by calling for more action to slow global warming, saying developed nations must speed up their initiatives to reduce harmful emissions.
President Luiz Inácio Lula da Silva's comments came the day after representatives of the G20 nations endorsed a joint statement that called for a pact to combat hunger, more aid for Gaza, an end to the war in Ukraine and other goals, amid global uncertainty surrounding the incoming administration of U.S. President-elect Donald Trump.
The president of Brazil, the host of the two-day meeting, opened Tuesday’s session focusing on environmental challenges, saying developed nations should consider moving their 2050 emission goals forward to 2040 or 2045.
“The G20 is responsible for 80% of greenhouse effect emissions,” he said. “Even if we are not walking the same speed, we can all take one more step.”
In addition to a $325 million contribution for the World Bank clean technology fund, U.S. President Joe Biden has announced a series of climate and development related initiatives. But many of them would require buy-in from Trump, who opposes such projects and has called the climate crisis a “hoax.”
Biden has also urged G20 members to each commit $2 billion to replenish a pandemic fund established in 2022. Biden has pledged the U.S. will provide up to $667 million by 2026, but that would require Congressional approval.
The joint statement approved Monday
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