Climate activists are pessimistic whether decisions made at the recent ASEAN and G20 summits will lead to significant action at the upcoming United Nations climate summit (COP28).
Leaders of the Group of 20 and ASEAN recently reaffirmed commitments to mitigate climate change and reiterated calls to developed countries for the support needed to curb the crisis, but climate activists are pessimistic whether this will lead to significant action at the upcoming United Nations climate summit (COP28).
Despite the rift during the summit, the G20 leaders adopted last Saturday a declaration that, among other decisions, reaffirmed their commitment to reach net-zero emissions of greenhouse gases “by or around” mid-century through various technologies, including largely unproven carbon capture and storage.
They also set a goal of tripling global renewable energy capacity by 2030, stressing that the energy transition must remain sustainable, inclusive and just while “leaving no one behind.” The leaders also committed to mobilize US$100 billion of annual climate financing for developing countries until 2025.
During the summit, President Joko “Jokowi” Widodo said in his remarks that developed nations must help their developing counterparts through technology transfers and green investments, which would help the latter to reduce emissions faster and adapt to the impacts of climate change.
Read also: G20 fails on fossil fuel phase out as 'dark cloud' looms
Brazilian President Luiz Inacio Lula da Silva echoed Jokowi’s call, arguing it would be useless for rich countries to go to climate summits to boast about their progress in reducing emissions without helping the developing nations.
Brazil will host the G20 Summit next year and the COP30 in 2025.
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