A survey of "climate policy researchers" published in Nature Sustainability challenges the notion of "green growth" as fundamentally possible or desirable, with a significant portion of respondents supporting "degrowth" or "agrowth" strategies for environmental sustainability instead. The survey reveals a divide between rich and poorer countries, with researchers from non-OECD countries more supportive of green growth.
The Group of 20 (G20) is an international organization that aims to unite world leaders around shared economic, political, and health challenges, with its members representing more than 80 percent of the world's economic output. The annual G20 summit brings together finance ministers and heads of state to discuss and address key issues, often culminating in a joint statement of collective action.
UK Prime Minister Rishi Sunak believes that the G20 leaders can address the enormous challenges facing the world and provide leadership, as he attends the summit in Delhi alongside Prime Minister Narendra Modi, who emphasized India's inclusive approach to the G20 presidency and proposed granting the African Union permanent membership.
UN Secretary-General Antonio Guterres called for strong action on climate change and sustainable development goals at the G20 summit, highlighting the need for unity and deep structural reforms to address global challenges.
Leaders of the G20 have pledged to tackle global hunger and malnutrition by enhancing research on climate-resilient crops, promoting sustainable food systems, and supporting developing nations in meeting their food security goals.
The G20 leaders have adopted the New Delhi Declaration, emphasizing economic growth, sustainable development goals, green development, and multilateralism, while hailing Prime Minister Modi's leadership in shaping the G20 agenda.
G20 leaders have arrived in Delhi, India for the annual summit, where they will discuss global issues such as inclusive growth, digital innovation, and climate resilience.
US President Joe Biden stated that the G20 Summit demonstrated the ability to address urgent global issues, including the climate crisis and economic stability, through collaborative solutions.
G20 leaders have committed to reforming the dysfunctional World Trade Organization's dispute settlement system by 2024, aiming to improve global trade and reduce protectionism.
The United Kingdom will provide a record $2 billion to the Green Climate Fund at the G20 Summit, the largest single funding commitment by the UK to tackle climate change.
The New Delhi Leaders’ Declaration highlights the commitment of the G20 countries to achieve global net zero emissions and triple renewable energy capacity by 2030, while also recognizing the principles of common but differentiated responsibilities and different national circumstances.
The G20 leaders have made a commitment to accelerate reforms of multilateral development banks (MDBs) in order to address global challenges and maximize developmental impact, with a focus on the needs of low- and middle-income countries. India, as the outgoing G20 President, has emphasized the need for MDBs to be more sensitive to the changing developmental needs of the 21st century, particularly in relation to climate change. A panel of experts has been set up to craft these reforms, which include tripling sustainable lending levels by 2030 and creating new funding mechanisms. The G20 has also called for ambitious implementation of a roadmap on the capital adequacy framework of MDBs, which could unlock $200 billion worth of extra funding potential.
