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G20 must urgently lead way in decarbonising global economy

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The nations are being urged to set more ambitious climate targets and remove barriers that stand in the way of the energy transition.

G20 members must lead the way in decarbonising the global economy, campaigners have said.

The Climate Group said regulation and market barriers are preventing businesses accessing renewable energy at scale as well as making it cost-competitive with fossil fuels. “Hundreds of major companies we work with are already moving towards using 100% renewable electricity, with many also requiring it from their suppliers.

“Governments that fail to provide that are forcing their economies to rely on fossil fuel-based systems that will become increasingly obsolete.”

 

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