Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

G20 environment ministers in Bali spur global climate action

G20 environment ministers in Bali spur global climate action

Environment officials from the Group of 20 leading rich and developing nations met Wednesday on Indonesia’s resort island of Bali for talks on climate action and the global impact of the war in Ukraine, with Indonesia’s environment minister saying the world is already facing a climate crisis.
They discussed the implementation of each G-20 nation’s contribution to fighting climate change and synchronizing targets among developing and developed countries, Indonesian environment minister Siti Nurbaya said after the meeting.

She said it produced a joint agreement with three priority issues — a sustainable economic recovery, land-based and ocean-based climate action, and resource mobilization to accelerate environmental protection — to help realize the Paris agreement on climate change.

“We are actually in a climate crisis position, no longer just climate change,” Nurbaya said. “We must work even faster to bring the global temperatures down as low as possible.”

She opened the meeting by urging fellow environment ministers to make the Paris agreement work, as the only way to effectively coordinate efforts to tackle global challenges.

“Environmental multilateralism is the only mechanism where all countries, regardless of their size and wealth, stand on equal footing and equal treatment,” Nurbaya said. “The voices of all countries, North and South, developed and developing, must be heard.”

Indonesia, the holder of this year’s G-20 presidency, is committed to reducing its greenhouse gas emissions by 41% with international assistance by 2030, or by 29% independently.

U.S. climate envoy John Kerry was among 17 environment ministers and climate officials, in addition to over 300 delegates, attending the talks in person. Officials from China, Russia and Argentina joined the meeting virtually.

Nurbaya said reaching mutual agreement is not easy, as each country has its own values and interests.

Russia’s war in Ukraine cast a shadow over Wednesday’s talks as countries raised its global environment impact.

Italian climate envoy Alessandro Modiano said the war is having grave consequences on the environment, on food and energy security, on pandemic recovery efforts and on pursuing sustainable development goals.

Finance ministers and central bank governors from the G-20 countries pledged last month to tackle climate change and protect the environment,

including the prevention of biodiversity loss. They pledged to achieve the Paris agreement through a range of fiscal, market and regulatory mechanisms.

However, implementing their commitment will be challenging, Nurbaya said.

She said all the G-20 environment ministers agreed to reduce the impact of land degradation and drought, enhance conservation protection and sustainable restoration of ecosystems, land and forests, to reduce the impact of climate change and biodiversity loss.

In recent years, signs of climate change have become glaring, including in Indonesia, the world’s largest archipelago nation with more than 17,000 islands. Environment watchdog Indonesian Forum for the Environment has predicted that climate-related hydro-meteorological disasters in Indonesia will increase 7% this year.

Despite the worsening impact of climate change, financing for the coal industry continues to accelerate in Indonesia. Between 2014 and 2019, bank loans for coal-fired power plants reached $19.4 billion, involving a number of state-owned banks, according to government data.

Indonesia, Southeast Asia’s largest economy, is a key exporter of coal, palm oil and minerals amid a global shortage in commodities after Russia’s invasion of Ukraine. Coal exports increased to record levels in March after a brief ban on shipments early this year to secure domestic supplies.

Members of the G-20 account for about 80% of the world’s economic output, two-thirds of the world’s population and an estimated 80% of global greenhouse gas emissions.
AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
JD Vance Warns Europe Faces “Civilizational Suicide” Over Open Borders and Speech Limits
Germany Enters Fiscal Crisis as Cabinet Approves €174 Billion in New Debt
Trump Administration Finalizes Broad Tariff Increases on Global Trade Partners
JD.com Launches €2.2 Billion Bid for German Electronics Retailer Ceconomy
Azerbaijan Proceeds with Plan to Legalise Casinos on Artificial Islands
IMF Upgrades Global Growth Forecast as Weaker Dollar Supports Outlook
House Republicans Move to Defund OECD Over Global Tax Dispute
France Opens Criminal Investigation into X Over Algorithm Manipulation Allegations
Trump Steamrolls EU in Landmark Trade Win: US–EU Trade Deal Imposes 15% Tariff on European Imports
ChatGPT CEO Sam Altman says people share personal info with ChatGPT but don’t know chats can be used as court evidence in legal cases.
Intel Reports Revenue Beats but Sees 81% Rise in Losses
Politics is a good business: Barack Obama’s Reported Net Worth Growth, 1990–2025
UN's Top Court Declares Environmental Protection a Legal Obligation Under International Law
"Crazy Thing": OpenAI's Sam Altman Warns Of AI Voice Fraud Crisis In Banking
The Podcaster Who Accidentally Revealed He Earns Over $10 Million a Year
UK Government Considers Dropping Demand for Apple Encryption Backdoor
Japanese Man Discovers Family Connection Through DNA Testing After Decades of Separation
Russia Signals Openness to Ukraine Peace Talks Amid Escalating Drone Warfare
Switzerland Implements Ban on Mammography Screening
Pogacar Extends Dominance with Stage Fifteen Triumph at Tour de France
President Trump Diagnosed with Chronic Venous Insufficiency After Leg Swelling
CEO Resigns Amid Controversy Over Relationship with HR Executive
NVIDIA Achieves $4 Trillion Valuation Amid AI Demand
Tulsi Gabbard Unveils Evidence Alleging Political Manipulation of Intelligence During Trump Administration
Centrist Criticism of von der Leyen Resurfaces as she Survives EU Confidence Vote
Trump Announces Coca-Cola to Shift to Cane Sugar in U.S. Production
FIFA Pressured to Rethink World Cup Calendar Due to Climate Change
Zelensky Reshuffles Cabinet to Win Support at Home and in Washington
"Can You Hit Moscow?" Trump Asked Zelensky To Make Putin "Feel The Pain"
Church of England Removes 1991 Sexuality Guidelines from Clergy Selection
Superman Franchise Achieves Success with Latest Release
Hungary's Viktor Orban Rejects Agreements on Illegal Migration
Air India Pilot’s Mental Health Records Under Scrutiny
Jamie Dimon Warns Europe Is Losing Global Competitiveness and Flags Market Complacency
Moonshot AI Unveils Kimi K2: A New Open-Source AI Model
Martha Wells Says Humanity Still Far from True Artificial Intelligence
Nvidia Becomes World’s First Four‑Trillion‑Dollar Company Amid AI Boom
EU Delays Retaliatory Tariffs Amid New U.S. Threats on Imports
Trump Proposes Supplying Arms to Ukraine Through NATO Allies
US Opens First Rare Earth Mine in Over 70 Years in Wyoming
Bitcoin Reaches New Milestone of $116,000
Severe Heatwave Claims 2,300 Lives Across Europe
Declining Beer Consumption Signals Cultural Shift in Germany
Emails Leaked: How Passenger Luggage Became a Side Income for Airport Workers
Polish MEP: “Dear Leftists - China is laughing at you, Russia is laughing, India is laughing”
Western Europe Records Hottest June on Record
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
China’s Central Bank Consults European Peers on Low-Rate Strategies
France Requests Airlines to Cut Flights at Paris Airports Amid Planned Air Traffic Controller Strike
×