South Asia and Beyond

G20 Vague About Carbon Neutrality

G20 leaders compromised on the issue of carbon neutrality, making a vague commitment to achieve that “by or around mid-century” (2050). They also agreed not to fund any coal-fired projects abroad but set no date for phasing out the use of coal domestically, which is seen as a concession to China and India. Reports said there was also agreement on the still unmet goal of providing $100 billion funding to help poor countries combat climate change.

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