G20 Current Affairs - 2019
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The Brown to Green Report is the most comprehensive review of climate actions of G20 nations. The report covers 80 indicators and is developed by experts from 14 research organizations.
Highlights of the report
- G20 countries are responsible for 80% of global Green House Gas emissions.
- Every year between 1998 and 2017, the G20 countries lost 142 billion USD on an average due to extreme weather events.
- According to the report, India is the only country that is close to 1.5-degree Celsius temperature rise. It is the scenario set by the global scenario in the Paris Agreement that will lead to disastrous consequences. India has set ambitious NDCs and is investing more in long term goals.
- Russia, France, Italy, Germany and India were the highest ranked countries that faced economic losses from extreme weather events. Around 181 countries were taken for the ranking
- Brazil and Germany were the only two countries with long term goals.
- The other countries like Russia, Indonesia, China, Saudi Arabia, EU and Turkey are lagging ambitious NDC targets as required by Paris Agreement
- Australia was the worst performing country in terms of climate response according to the report.
There are around 20 members in the G20 grouping including India. The Grouping was established with the aim of discussing policies pertaining to promotion of international financial stability. Collectively, the grouping account to 90% of the world GDP with two-third world population and 80% of world trade.
Tags: Climate Action • Climate Change • G20 • GHG • Global Warming
An Indian parliamentary delegation led by Lok Sabha Speaker Om Birla is taking part in the 6th Parliamentary Speakers’ Summit of the G20 countries, being held in Tokyo, Japan from 3-5 November 2019. The summit is being attended by Presiding Officers of Parliaments of G20 countries.
The Parliamentary summit is unofficially called P20. It was jointly hosted and organised by Inter-Parliamentary Union (IPU), an international organisation (headquartered in Geneva) and the House of Councillors of National Diet of Japan.
Highlights of P20 Summit
The summit will have sessions on separate themes pertaining to trade, technology and sustainable development.
- First Session was based on theme- ‘Promotion of Free, Open and Fair Trade and Investment’.
- Second Session was based on theme- ‘Utilization of Innovative Technology towards a human-centred Future Society’
- Third Session was based on theme- ‘Efforts towards Resolution of Global Challenges and Achievement Sustainable Development Goals (SDGs: Financing for Development, Need for Transparent and Effective Government, etc.)’.
During its three sessions, the Summit reviews topics such as opening investment, supporting free trade, solving global challenges facing SDGs as well as taking advantage of technological innovations to support human-centered future.
At the end of the summit, a joint statement will also be adopted by the Parliamentary speakers attending the meet. The statement thus adopted would act as Parliamentary inputs to the main G20 Heads of Government/States Conference to be held in 2020.