Diplomats from the Group of 20 major economies struggled on Saturday to overcome differences on paying to tackle climate change, taxing the super rich and addressing the Ukraine war as they negotiated a joint statement before their leaders’ summit. The G20 summit in Rio de Janeiro on Monday and Tuesday comes as the United Nations COP29 climate talks enter their second week, with negotiators debating a new goal for how much money richer nations will cough up to confront climate change. U.N. officials and other delegates in Baku expressed hopes that a strong message from the G20 leaders could help provide political momentum for a COP29 deal on climate finance.
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January 11, 2025