Home Economy Italy hosts climate-focused G20 as geopolitical changes

Italy hosts climate-focused G20 as geopolitical changes

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Italy hosts climate-focused G20 as geopolitical changes

The leaders of Russia and China did not come. Before the meeting, Turkey had launched an almost diplomatic campaign. The US, Australia and France will be at the same table for the first time since Washington withdrew from the $66 billion submarine deal in Paris.

The 20-person summit scheduled for this weekend in Rome – the first face-to-face meeting of the leaders of the world’s largest economies since the outbreak of the 19 government pandemic – is not as usual. This is especially true as the event ends with the start of a major United Nations summit dedicated to climate change in Glasgow, Scotland.

In many ways, the two-day G-20 meeting serves as a prelude to the 12-day Roman celebration of the 12-day Glasgow summit, which focuses on the climate document at the fascist-era New Novola (Cloud) conference centre. Italian capital. Euro neighborhood.

Some of the participating presidents and prime ministers met at a government-focused seven-member summit in July, and some met in the United Nations chamber on the sidelines of the General Assembly in New York last month. But this is the first time that the leaders of countries with 75% of world trade and 60% of the world’s population have come together as a group after nearly two years of virus-induced lockdowns.

While economic recovery is the main agenda, host Italy expects leaders to explore a commitment to zero net greenhouse gas emissions and set a shared mid-century deadline to reduce methane emissions.

The United Nations and climate activists want the G-20 nations to meet their long-term commitments to provide $100 billion annually in climate aid to help poor countries cope with the effects of global warming.

“G-20 members make up more than 80% of global emissions. So, if they come together as a group, we have a responsibility not to fulfill the promise of $100 billion a year in climate finance,” said Saddam, deputy director of the House, an international think tank , said Renault Twain.

But what can be achieved if China’s leader in carbon pollution is No. 1 in the world and in the economy No. 2 is not shown in rom?

President Xi Jinping, who has not left China since early 2020, is expected to be present until Russian President Vladimir Putin.

Mexican President Andres Manuel López Obrador did not attend and Japanese Prime Minister Fumio Kishida did not confirm his attendance due to the weekend’s national elections.

Massimo Franco, international affairs correspondent for the Italian newspaper Corriere della Sera, said the absence of Xi and Putin was sending a signal that Europe should pay special attention.

“If China doesn’t come to Rome and Russia doesn’t join the G-20, which has a lot of energy to sell Europe, I think it will confirm Europe’s weakness from the G-20 vision,” Franco he said.

The announcement last month of a US-UK agreement to sell a nuclear submarine to Australia reflects the geopolitical impact on Europe. The deal broke France’s $66 billion deal to sell French-built diesel submarines to Australia and led the French government to take unprecedented action to recall its ambassadors to the United States and Australia.

US President Joe Biden and French President Emmanuel Macron have spoken on the phone twice after the fight and are expected to meet in person in Rome.

Macron aims to gain the support of the United States “to establish a strong European defence, support NATO and contribute to global security,” President Elysee Palace said.

Macron has not spoken to Australian Prime Minister Scott Morrison since the failed French submarine sale, although it is unclear whether the two will meet in Rome.

Carlo Aldomonde, Professor of European Economics at Pocconi University in Milan, said the agreement between the United States, the United Kingdom and Australia is clear evidence of a shift in strategic priorities and a focus on the Indo-Pacific region with traditional European allies. In this regard at Washington’s expense.

“This in a sense forces the EU to automatically determine the sequence of local geopolitical issues at the G-20 level,” he said, adding that Washington has long been a major partner, Altomonte said.

Turkey, a member of the G20, was under question last week when it threatened to expel 10 Western ambassadors suspected of supporting a jailed activist. The four threatened ambassadors came from the G-20 countries of Germany, France, Canada and the United States.

The G-20 includes Argentina, Australia, Brazil, China, India, Indonesia, Italy, Japan, South Korea, Mexico, Russia, Saudi Arabia, South Africa, the United Kingdom and the European Union. There is a permanent place for guests in Spain.

Italian Prime Minister Mario Tragi now has talks on a new era for the EU, triggering some concrete climate commitments ahead of Glasgow, popular for doing “whatever it takes” to save the euro. Your hands will be filled with promises. Multidimensional.

“Never mind, ‘I think he’s trying to highlight the strategic points for Europe, and how Europe can play a role in this mess,'” said the daily Franco columnist.

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