G20 agrees to pursue tripling renewables capacity but stop short of major goals聽

The聽declaration聽adopted by G20 leaders on the first day of the two-day summit in New Delhi did not mention cutting greenhouse emissions.聽Photo/Shutterstock
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NEW DELHI: G20 leaders on Saturday agreed to pursue tripling renewable energy capacity globally by 2030 and accepted the need to phase down unabated coal power, but stopped short of setting major climate goals. 

The world鈥檚 20 major economies have had disagreements on commitments to reduce fossil fuel use, cut greenhouse gas emissions and increase renewable energy targets. 

One such sticking point was a proposal by Western countries to triple renewable energy capacity by 2030 and cut greenhouse gas emissions by 60 percent by 2035, which was opposed by Russia, China, 萝莉视频 and India during sherpa-level meetings, three officials told Reuters. 

The declaration adopted by G20 leaders on the first day of the two-day summit in New Delhi did not mention cutting greenhouse emissions. 

It said member nations 鈥渨ill pursue and encourage efforts to triple renewable energy capacity globally ... in line with national circumstances by 2030.鈥� 

The G20 member countries together account for over 80 percent of global emissions and a cumulative effort by the group to decarbonize is crucial in the global fight against climate change. 

Climate talks at the bloc鈥檚 summit will be keenly watched by the world ahead of the COP28 UN climate summit in the UAE later this year. 

The G20 has agreed that 鈥渘ational circumstances鈥� will be factored into the phasing down of 鈥渦nabated coal power鈥� but did not mention reduction in usage of crude oil, suggesting that countries like oil-rich 萝莉视频 prevailed during the negotiations.