28th Nov 2023

Outcome of G20 meeting uncertain after Xi Jinping snub

Listen to article

Chinese president Xi Jinping's decision to snub the G20 summit in New Delhi this weekend (9-10 September), has made the potential for progress on critical issues related to financial reform and climate change uncertain.

It took days for negotiators of the Group of 20 major economies to agree on shared language ahead of the summit, as divisions over the Russian invasion of Ukraine have only become deeper over the last year.

Read and decide

Join EUobserver today

Become an expert on Europe

Get instant access to all articles — and 20 years of archives. 14-day free trial.

... or subscribe as a group

It now seems a declaration will likely be finalised on most topics, including climate change — but G20 leaders have failed to agree on denouncing Russian aggression all year and so far have opted to circumvent the topic instead.

The host, India, has remained neutral and has continued to purchase Russian oil. Xi's absence has also sparked speculation, with some saying it may be an effort to undermine the G20 as a valid platform for international cooperation.

This will open up possibilities for US president Joe Biden and EU leaders, including EU president Ursula von der Leyen and German chancellor Olaf Sholz, to take the initiative on some of the topics that are due to be discussed, including the African Union's proposed membership of the G20, the opening up of more climate finance and the harmful effects of climate change.

"On climate change, the Chinese side hopes that all parties can take each others' concerns into consideration and jointly work for the solution of climate change," Chinese foreign ministry spokeswoman Mao Ning said on Friday at a press briefing in Beijing.

Stop the harm

African leaders who met at the Africa Climate Summit in Nairobi this week have called for a drastic increase in climate finance and a solution to the worsening debt problems.

"Climate finance [is] insufficient, inefficient and unfair," said Mahmoud Mohieldin, executive director at the International Monetary Fund, speaking in an online press conference by the anti-poverty group One Campaign, attended by EUobserver.

"We have been discussing $100bn [€93bn] for years, but all of the estimates show [the developing world] needs $2.5tn [€2.3tn] for climate mitigation annually," he added.

"I'm hearing people talking about leveraging [public money] a lot, using a great deal of generosity about one dollar mobilising five, eight or even more, [private investment] dollars. But what we're seeing is no more than 30 cents on the dollar," he said.

The best solution is to "stop the harm" from debt costs to free up money for countries to deal with the outfall of climate change and "essential" public services," he said, adding that the "geopolitical environment is not allowing the global community to do the right thing."


Africa climate week proves continent not reliant on West

The Nairobi summit ultimately marked both the first unified voice of the continent in the fight against climate change, and the first time such an ambitious vision of Africa's clean energy prospects has been tabled at such a high-level forum.


Will EU climate chief Hoekstra come clean before COP28?

As the new EU climate commissioner, Wopke Hoekstra, heads to COP28, three senior MEPs question his ties to the fossil-fuel industry — and call for him to disclose all his ties while working for 11 years for McKinsey.

Latest News

  1. Member states stall on EU ban on forced-labour products
  2. EU calls for increased fuel supplies into Gaza
  3. People-smuggling profits at historic high, EU concedes
  4. EU bets big on fossil hydrogen and carbon storage
  5. How centre-right conservatives capitulate to the far-right
  6. My experience trying to negotiate with Uber
  7. Key battlegrounds in EU's new media legislation
  8. EU 'shocked' by Israel's war-time settler surge

Stakeholders' Highlights

  1. Friedrich Naumann FoundationPoems of Liberty – Call for Submission “Human Rights in Inhume War”: 250€ honorary fee for selected poems
  2. World BankWorld Bank report: How to create a future where the rewards of technology benefit all levels of society?
  3. Georgia Ministry of Foreign AffairsThis autumn Europalia arts festival is all about GEORGIA!
  4. UNOPSFostering health system resilience in fragile and conflict-affected countries
  5. European Citizen's InitiativeThe European Commission launches the ‘ImagineEU’ competition for secondary school students in the EU.
  6. Nordic Council of MinistersThe Nordic Region is stepping up its efforts to reduce food waste

Join EUobserver

Support quality EU news

Join us