The G20 Energy Ministerial in Goa fell short of providing a sufficiently clear signal for scaling up renewables and phasing down fossil fuels, UN Climate Change Executive Secretary Simon Stiell and COP28 President-Designate Sultan Al Jaber said in a joint statement on Thursday.
The bloc, responsible for 85 per cent of the world’s GDP and 80 per cent of the emissions, on Saturday failed to reach a consensus on tripling renewable energy deployment to 11 gigawatts by 2030, phasing down the unabated use of fossil fuels and plans to finance the transition during the Energy Ministerial Meeting held last week.
