Group of 20 leaders meeting in Brazil next week are set to show unity on climate action and global trade rules, two areas threatened by U.S. President-elect Donald Trump, as talks continue on how to characterize Russia¡¯s war in Ukraine and tensions in the Middle East.
Leaders of the world¡¯s biggest economies will reaffirm ¡°a strong commitment to multilateralism, especially in the light of the progress made under the Paris Agreement¡± and resolve to ¡°stay united in the pursuit of the accord¡¯s goals,¡± according to an early draft statement seen by Bloomberg News. It also called for the World Trade Organization to stay as the ¡°core¡± of global commerce.
¡°Recognizing that the whole of our efforts will be more powerful than the sum of their parts, we will cooperate and join efforts towards a global mobilization against climate change,¡± says the G20 draft statement, which needs all countries to sign off to become official. It could still change ¡ª or be discarded altogether ¡ª at a summit in Rio starting on Monday.
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