UN chief urges G20 'leadership' to rescue stalled COP29 climate talks

UN General-Secretary Antonio Guterres speaks during a press conference, ahead of the G20 Summit in Rio de Janeiro, Brazil on November 17, 2024.

UN Secretary-General Antonio Guterres on Sunday urged G20 leaders in Rio to "show leadership" on emissions cuts to rescue stalled UN climate talks in Azerbaijan. Deadlocked over a $1 trillion climate investment deal, nations hope that compromise from the G20 will break the impasse on financing and donor responsibilities.

UN Secretary-General Antonio Guterres on Sunday called on G20 leaders gathering in Rio de Janeiro to rescue stalled concurrent UN climate talks in Azerbaijan by showing "leadership" on cutting emissions.

"A successful outcome at COP29 is still within reach, but it will require leadership and compromise, namely from the G20 countries," Guterres, who will attend the summit of the world's biggest economies starting Monday, told a press conference in Rio.

The annual UN talks in Baku are deadlocked at the midway point, with nations no closer to agreeing a $1 trillion deal for climate investments in developing nations after a week of negotiations.

The talks are stuck over the final figure, the type of financing, and who should pay, with Western countries wanting China and wealthy Gulf states to join the list of donors.

All eyes have turned to Rio in the hope of a breakthrough.

"The spotlight is naturally on the G20. They account for 80 percent of global emissions," Guterres said, calling on the group to "lead by example."

Climate was an issue advanced by several of the leaders as they converged on Rio.

US President Joe Biden, making a stopover in the Amazon, talked up $11 billion in bilateral climate financing his administration has allocated this year.

(AFP)


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