B20, C20 and T20: Joint Statement for a sustainable energy transition

The Chairs of the Energy and Climate Task Forces of the Think20, together with Business20 and Civil20, published a Joint Statement to support a sustainable energy transition. On the occasion of the meeting of the G20 Energy and Climate Sustainability Working Groups on 22 and 23 March in Berlin, the Engagement Groups call on the G20 to step up and adopt three main provisions: First, the G20 should take the lead in implementing the Paris Agreement. Second, the G20 should drive towards carbon pricing mechanisms and agree on a time line for phasing-out fossil fuel subsidies. Third, the G20 should enable financial markets to deliver on sustainable development.

Please read the full statement here