US 'forces G20 to drop any mention of climate change' in joint statement
(The Independent, 18 Mar 2017) Financial officials from the world's biggest economies have dropped from a joint statement any mention of financing action on climate change, reportedly following pressure from the US and Saudi Arabia.
Finance ministers from the G20, which comprises more than 80 percent of the global economy, debated the wording of their final joint statement on trade at their summit in the German resort of Baden-Baden.
Their communique showed no mention of a commitment to fund action on climate change, and Reuters reported there had been opposition from the US, Saudi Arabia and other countries to Germany's intention to include it. "Climate change is out for the time being," an official told the agency.
It did, however, say: "We reaffirm our commitment to rationalise and phase out, over the medium term, inefficient fossil fuel subsidies that encourage wasteful consumption, recognising the need to support the poor.