G20 Presidency in 2022
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Indonesia will hold the G20 Presidency this year. Along with international partner organisations, Germanwatch will be assisting the dialogue among civil society actors (“Track 2 Dialogue”) and building a bridge between them and political decision-makers in order to strengthen cooperation between the heads of state and government within G20. The main emphasis will thereby be on climate, just energy transition, and other related energy policies.
News about the G20
Der Allianz Klima- und Energiemonitor vergleicht die G20-Staaten hinsichtlich ihrer Attraktivität für Investitionen in eine emissionsfreie Energie-Infrastruktur. Zudem berechnet er den momentanen und künftigen Investitionsbedarf – davon ausgehend, dass die Klimaziele des Pariser Abkommens, deutlich unter 2 Grad bzw. möglichst 1,5 Grad Erwärmung, eingehalten werden sollen. Der Monitor wurde zum dritten Mal von der Allianz SE in Kooperation mit Germanwatch und dem NewClimate Institute erstellt.
The Brown to Green Report is the world’s most comprehensive annual review of G20 climate action, assessing progress on decarbonisation, climate policies, finance, and vulnerability to the impacts of climate change. The report is published annually by Climate Transparency, a global partnership of 14 climate research organisations and NGOs from the majority of G20 countries, many from emerging economies. Germanwatch is one of the main authors.
82% of the G20’s energy supply still comes from fossil fuels, according to the 2018 Brown to Green Report, released today. In Saudi Arabia, Australia and Japan fossil fuels make up even more than 90% of the energy supply, with little or no change in recent years. The 20 major economies play a key role for achieving the Paris targets because they alone account for 80% of global greenhouse gas emissions.
While the ongoing Fijian COP23 in Bonn and the coalition negotiations in Berlin capture media and public attention, Germany quietly released a self-review of their own fossil fuel subsidies as part of the G20 peer review process. The G20 fossil fuel subsidy review, pioneered in 2016 by US and China, is currently the only concrete step to make progress on the group's pledge from the 2009 summit in Pittsburgh to phase-out “inefficient fossil fuel subsidies that increase wasteful consumption”.
Russia, the world’s third largest oil producer, is caught between two futures: diversify its fossil fuel based economy in response to changing energy markets and the end of the raw super cycle, or to restore Russian positions in fossil energy markets. While Russian leadership is torn on the subject, the future of the 1.5 degree goal hinges on the direction the nation will take.