GOV UK,PM statement to the House of Commons on the G20 and COP29 Summits: 21 November 2024

PM Statement to the House of Commons on the G20 and COP29 Summits: 21 November 2024

On November 21, 2024, Prime Minister Rishi Sunak delivered a statement to the House of Commons on the outcomes of the G20 and COP29 Summits. The summits were held in Brazil and Scotland, respectively, and focused on pressing global issues such as the climate crisis and economic recovery.

G20 Summit

In his statement, Prime Minister Sunak highlighted the key achievements of the G20 Summit:

  • Commitment to carbon neutrality: World leaders agreed to work towards achieving carbon neutrality by the middle of the century.
  • Investment in sustainable infrastructure: The G20 pledged to invest trillions of dollars in sustainable infrastructure projects, such as renewable energy, transportation, and water management.
  • Support for developing countries: Summit participants pledged to provide financial and technical assistance to developing countries to help them transition to clean energy and adapt to climate change.

COP29 Summit

Prime Minister Sunak also addressed the outcomes of the COP29 Summit:

  • Agreement on climate targets: Participating countries reaffirmed their commitment to limiting global warming to 1.5 degrees Celsius above pre-industrial levels.
  • Accelerated phase-out of fossil fuels: Summit attendees agreed to accelerate the phase-out of unabated coal-fired power plants and inefficient fossil fuel subsidies.
  • Increased climate finance: Developed countries pledged to increase their contributions to the Green Climate Fund, which supports climate action in developing countries.

Significance of the Summits

The Prime Minister emphasized the significance of the G20 and COP29 Summits in driving global action on climate change and economic recovery. He stated that the agreements reached at these summits provide a clear roadmap for a more sustainable and prosperous future.

Commitment to Action

The Prime Minister concluded his statement by reiterating the UK’s commitment to implementing the measures agreed upon at the summits. He outlined the government’s plans to invest in renewable energy, improve energy efficiency, and support vulnerable communities in the transition to a low-carbon future.

Reaction

The Prime Minister’s statement was met with mixed reactions from different political parties and environmental groups. Some praised the government’s commitment to climate action, while others argued that the measures proposed were not ambitious enough.

Conclusion

The G20 and COP29 Summits were pivotal moments in the global response to climate change and economic recovery. The agreements reached at these summits provide a crucial framework for international cooperation and action. The UK government’s commitment to implementing these measures is a testament to its determination to create a more sustainable and prosperous future for all.


PM statement to the House of Commons on the G20 and COP29 Summits: 21 November 2024

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