G-20 Poised to Signal Retreat From Climate-Change Funding Pledge

The most notable element of the draft is what’s missing. The statement issued after the G-20 finance ministers and central bank governors meeting in July dedicated 163 words to the Paris Agreement, pushing nations to bring the deal into force, meet emissions targets and fulfill financial pledges. This current draft dedicates just 47 words to the agreement, focusing exclusively on development banks raising private funds, without mentioning government financial support.