The G-20’s statement offered little in the way of concrete action. “Their communique was weak, lacking both ambition and vision, and simply failed to meet the moment.” “If the G-20 was a dress rehearsal for COP26, then world leaders fluffed their lines” said Jennifer Morgan, executive director of Greenpeace International. The last round of talks saw negotiators known as sherpas talk throughout Saturday night, and they celebrated the end of their marathon with applause at the main La Nuvola venue at about 10 am. Negotiations over the past week saw continuous clashes over both objectives and timelines on climate, with several officials pointing the finger at holdouts China, Russia and India. On domestic coal, the statement only contains a general pledge to support those countries that commit to “phasing out investment in new unabated coal power generation capacity to do so as soon as possible.”ĬOP26’s UK hosts had aimed to “consign coal to history.” “We will put an end to the provision of international public finance for new unabated coal power generation abroad by the end of 2021,” it said. As expected, Sunday’s statement agrees to phasing out investment in new offshore coal power plants, something China already said it would do.
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