G20 bloc fails to reach agreement on cutting fossil fuels

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G20 bloc fails to reach agreement on cutting fossil fuels
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The Group of 20 (G20) major economies meeting in India failed on Saturday to reach consensus on phasing down fossil fuels following objections by some producer nations.

Scientists and campaigners are exasperated by international bodies' foot-dragging on action to curb global warming even asG20 energy officials had been due to issue a joint communique at the end of their four-day meeting in Bambolin, a town in the Indian coastal state of Goa.

Sections urging developed countries to deliver on the goal of jointly mobilising $100 billion per year for climate action in developing economies from 2020-2025, and description of the war in Ukraine, also eluded consensus. A draft late on Friday reviewed by Reuters read: "The importance of making efforts towards phase down of unabated fossil fuels, in line with different national circumstances, was emphasized."

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