The twenty richest countries in the world pledge to increase efforts to achieve the goal of the Paris Agreement. The G20 meeting began on Saturday in Rome with the agenda aimed at slowing global warming to 1.5 degrees.
The epidemic has also been widely discussed.
– If leaders can achieve and reduce their emissions, it will also benefit Sweden, says Wolfgang Hansson, foreign commentator at Aftonbladet.
we stand together G20 80 percent of the world’s greenhouse gas emissions. The United Nations wants the G20 to ensure that the world’s richest countries provide $100 billion annually in climate aid to less developed countries and that it is met. Initially, the forecast was for 2023, but now it seems to have deteriorated.
It is an important promise that countries must fulfill. It is important that countries that cannot afford the change receive assistance. They expect rich countries to participate and pay. If rich countries do not, poor countries will not reduce their emissions. So far, rich countries have been pretty bad at opening their wallets, he says Wolfgang HansonAftonbladet is a foreign commentator.
The Glasgow Climate Summit begins on Sunday. More than 190 world leaders are expected to attend Scotland at COP26 – which has been called the most important climate event since the Paris Agreement in 2015.
– Unfortunately, this is not the best recharge, expectations for COP26 have been dampened a bit by the world’s energy crisis and the pandemic has not really gone away. Expectations may not be as high anymore than you have to achieve. Wolfgang Hansson says that delaying goals in time would not be easier right away.
The pandemic was also on the agenda of the G-20. Italian Prime Minister Mario Draghi gave a speech on the importance of rich countries ensuring that the poorest countries have access to vaccines.
Leaders are likely to follow the Italian line, at least orally. There is a double standard here, because the twenty richest countries have stolen the vaccine and therefore have a high vaccination rate. It is now up to the G20 countries to come forward and ensure that poor countries have access to vaccines.
Wolfgang Hansson thinks Sweden will likely not be directly affected. But this decision by the G20 countries to introduce global minimum taxes means that Sweden will receive increased tax revenue.
The global minimum tax means that multinational companies establishing themselves in Sweden, for example, can no longer evade the tax as they previously did. In total, it is estimated that 150 billion euros will be raised annually.
– If leaders can achieve and reduce their emissions, it benefits Sweden as well. We are a small country, and even if we can reduce our emissions, it won’t help unless the rest of the world does the same, says Aftonbladet’s Wolfgang Hansson.