G20 leaders prioritize climate change on final day of Rio summit
Leaders of the G20 are focusing on climate change during the final day of their summit in Rio de Janeiro. They aim to strengthen commitments for sustainable development and clean energy ahead of the UN climate talks in Azerbaijan. A joint statement from G20 leaders called for significant increases in climate financing, suggesting a target of at least $1 trillion annually. However, no specific solutions were agreed upon regarding contributions from wealthier nations to support developing countries. The G20 also committed to negotiating a legally binding treaty to limit plastic pollution by the end of 2024. Discussions on this issue will resume next week, aiming to conclude over two years of negotiations.