European Union appeals to G20 leaders, work for green development | European Union appeals to G20 leaders, work for green development

Brussels, 21 November (IANS). Top officials of the European Union (EU) have appealed to the leaders of the Group of 20 (G20) to pursue more ambitious works to build a better future. However, the first focus of the upcoming G20 summit is to fight the epidemic.

On Friday, European Council President Charles Michel and European Commission Chairperson Usurla von der Leyen urged G20 leaders to make full and effective implementation of the Paris Agreement, stating the importance of immediate and important actions to combat climate change. . The risk of climate change has not decreased today compared to yesterday, Mitchell said.

According to the news agency Xinhua, he advocated reform of the World Trade Organization (WTO) to improve international trade policies, as well as the development of common standards for green bonds, which collect savings for green investment. “The European Union has started working on this and we believe that the G20 should urgently work on the global issue of green finance,” he said.

Describing it as a major step forward, von der Leyen said that half of the G20 members, including Japan, China, South Korea or South Africa, are already committed to achieving carbon neutrality by 2050 or shortly thereafter.

Along with fighting climate change, von der Leyen said, we need to focus on global efforts to protect our nature and protect it from the dangerous damage to biodiversity.

The 2020 G20 summit will be held virtually on November 21–22, chaired by Saudi King Salman bin Abdulaziz Al Saud.

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