Published: Sat, July 15, 2017
Health Care | By Oscar Goodwin

Brown and Bloomberg Launch "America's Pledge"; New Initiative on Climate Change

Brown and Bloomberg Launch

Trump is ceding America's clout on the global stage as other nations are filling the void, and he is shrinking from the environmental challenge at home just as cleaner energy promises to boost jobs, improve public health and reduce costs for consumers and businesses alike. Corporate leadership and institutional investor focus on carbon emissions reduction and sustainability issues are increasing. However, that China is now in fact willing to become a leader in the field of renewable energy and in decreasing dependence on fossil fuels, especially coal, is a sign of greater level of understanding about the global nature of the climate change problem. President Trump announced in June that he would pull the USA out of the deal. The action plan, meanwhile, offers concrete steps for achieving the principles. The G20 summit signals the emergence of a new world order.

Nutall said that while the United Nations welcomes the initiative from USA cities, states, and businesses, the challenge will be quantifying the effect of climate action from diverse and potentially overlapping actors, a process that will likely stretch well beyond this year's climate conference.

The overall goal of the Paris Agreement is to keep a global temperature rise this century well below 2 degrees Celsius above pre-industrial levels and to pursue efforts to limit the temperature increase even further to 1.5 degrees Celsius. In November, Brown and Bloomberg, along with other USA governors, mayors, and business leaders, will compile and showcase existing climate commitments of US subnational and non-state actors at COP23, to be hosted by the Government of Fiji in Bonn, Germany.

G20 summits are always a source of global controversy.

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Thus, China is now taking the lead on tackling climate change globally; Germany is taking the lead amongst the developed countries; and the V20 is taking the lead amongst the vulnerable developing countries.

"We've also looked at oil and gas finance and found that it's almost half of all public finance for energy provided by G20 governments".

Light, on the other hand, points out that one sentence in the 13-page climate action plan "in terms of climatological impact, is huge".

"This is kind of an obscure thing, but it's amazingly important", Light says. "And what you've got now is all of these parties saying, look, we don't care what's going on in the United States, we're committed to get this done, and we're going to do it". The conflicting accounts of what actually transpired put his competence as his country's top diplomat under serious doubt, and cloud the future of the USA as world leader.

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The agenda of the G20 summit included fight against terrorism, global economy, worldwide trade and climate but on top of these issues the world's leaders also discussed China's steel overcapacity and North Korea. We know what needs to be done to serve our citizens and make our cities healthier, happier and more prosperous.

However, the communique also includes a joint declaration by all G20 members "to reduce greenhouse gas emissions", promote energy efficiency and investments "into sustainable and clean energy technologies" in line with the UN's 2030 Agenda for Sustainable Development.

He scored another by convincing some European Union countries to "work closely ... to help them access and use fossil fuels more cleanly and efficiently", and talked up liquefied natural gas from the a backstop against Russian attempts to exploit EU countries by cutting off their gas supplies.

The action plan also contains bold new language on financial arrangements.

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