Rome: Climate change and the global economic launch will inherit the G20 agenda as the leaders of the most advanced countries in the world to meet Saturday, the first meeting of people since the pandemic.
Owning for two days talks in Rome is pressure to make progress to handle global warming, ahead of the key COP26 KTT which starts at Glasgow on Monday.
The stakes are high, with UN Secretary General Antonio Guterres warns the leaders of the G20 on Friday to show “more ambition and more actions” and overcome distrust to advance climate goals.
“We are still on time to put items on track, and I think the G20 meeting is the opportunity to do that,” Guterres said.
Strict security in Rome When US President Joe Biden arrived at the Italian capital wanting to change pages from the chaotic Trump years and show that American leadership on the world was restored.
But the Democrats face a credibility test as its own typical climate policy – part of a sweeping economic package – detained in the midst of a fight in his party in Congress.
The absence of the G20 will be Vladimir Putin and XI Jinping Russia, who plan to come with a video link.
The host Summit Mario Draghi, the Italian Prime Minister, has called for “G20’s commitment to the need to limit the increase in temperature to 1.5 degrees” above the pre-industrial level, the most ambitious targets described in the 2015 climate agreement on climate change.
On Friday, British Prime Minister Boris Johnson – host UN talks next week – giving horrible warnings about what can happen if the world fails.
“We will not stop global warming in Rome or at this meeting on the COP,” he told reporters on his plane to Rome.
“The most we can do is slow down the increase.” Humanity, Johnson warns, can be troublesome “with extraordinary speed”.
“You see it with a decline and fall of the Roman Empire, and I’m afraid to say that it’s true today unless we get this right in handling climate change.” Difficult duties for the G20 will be monitored between the top world power to handle global warming.
China, the largest polluter in the world and is responsible for more than a quarter of all carbon emissions, has been accused of getting rid of the call to stop building new coal power plants.
A new plan delivered by Beijing to the United Nations ahead of COP26 lacks environmental expectations, with the 2060 target to achieve carbon neutrality.
Brazilian President Jair Bolsonaro, meanwhile, has been steadily demanded that his country be paid to protect the part of Amazon.
The largest rainforest in the world is seen as a vital resource to combat climate change for its ability to absorb fossil fuel emissions.
SURER betting for concrete progress in the G20 involves taxation, because this group is expected to support a minimum of 15 percent minimum international tax rates in multinational companies after almost 140 countries reach the OECD-Broker agreement.
This step seeks to end tax optimization, where global companies – including large US technology companies such as Apple and Google Parent Alphabet – Shelter Untfits in countries with low tax systems.
The OECD said the 15 percent minimum tax rate for 15 percent can add $ 150 billion per year for global tax revenues.
The G20 finance ministers provide their support for tax resulb in July.
Even though there was no new promise to be expected on the Covid-19 vaccine in the G20, a press release from the Friday meeting from the G20 Finance and Minister of Health stated that members would “take steps to help improve the supply of vaccines and essential medical products and input in the development of the country and input Eliminating supply constraints and relevant financing.
“The security force of more than 5,000 police and soldiers has been mobilized for the Summit, according to the Ministry of Home Affairs, and some demonstrations are expected.
The Summit was being held from the city center, after clashes of violence erupted earlier this month between the protesters and police for the extension of the Italian Coronavirus through all workplaces.