Finance ministers and central bank governors of the world’s 20 major economies, accounting for 66 percent of world population, have pledged to “promote an enabling global economic environment for developing countries as they pursue their sustainable development agendas”.
In this context, they are looking forward to “a successful outcome” of the U.N. Summit in New York for the adoption of the 2030 Agenda for Sustainable Development. The summit will be held from Sep. 25 to 27 in New York as a high-level plenary meeting of the General Assembly of the world body.
The G20, meeting in Turkey’s capital Ankara on Sep. 4-5, reviewed ongoing economic developments, their respective growth prospects, and recent volatility in financial markets and its underlying economic conditions. They welcomed “the strengthening economic activity in some economies” but said that global growth was falling short of their expectations.
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The impact of climate change is posing a growing threat to peace and security. Germany is therefore putting climate and security on the Security Council’s agenda.
Russia’s economic development minister warned last week that the EU’s plans to deploy a carbon tax at the bloc’s borders will not be in line with World Trade Organisation (WTO) rules, just as Brussels doubled down on the idea of green tariffs.
Few places have suffered more from the COVID-19 pandemic than southern China, the region where the novel coronavirus was first detected in the city of Wuhan. But it turned out that the pandemic is not the only calamity to befall south China this year. The region has been inundated by heavy rainfall since late May, creating a risk of catastrophic flooding.
Natural resources-based conflicts are sometimes made complex by non-climate push and pull factors, like unemployment and political tension. These factors should be taken into account when developing and implementing a peacebuilding strategy, making sure all stakeholders are at the table – including those fueling the conflict. The online workshop ‘Integrating peacebuilding and climate change mitigation efforts in natural resource management’, organised by the European Peacebuilding Liaison Office (EPLO) and adelphi, looked into this complex issue.