By Alessandro Speciale, Chiara Albanese
and Alberto Nardelli
The world’s major economies are gridlocked in their efforts to agree concrete steps to tackle climate change just two weeks before a crucial summit in Rome, according to three people familiar with the matter.
Preparatory talks between G-20 officials this week failed to end in an agreement to reduce coal subsidies and curb methane emissions. There wasn’t even a consensus on striving toward net-zero emissions and limiting global warming to 1.5 degrees from pre-industrial levels, the people said, asking not to be named discussing confidential deliberations.
The G-20 summit will take place immediately before crunch climate change talks, known as COP26, where leaders hope to unveil a big-sounding agreement. Earlier this week, COP26 President Alok Sharma, said the Rome summit would be a “make or break” moment for ensuring the world avoids climate catastrophe.
Negotiators, who are tasked with preparing the final communique of the G-20 summit on Oct. 30-31, even walked back some conclusions agreed by energy and environment ministers before the summer during this week’s talks. One person described the negotiating round as a disaster.
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