The Japan Times - G7 urged to be 'bold' in climate hotspot Italy

EUR -
AED 4.271898
AFN 72.686926
ALL 96.41106
AMD 438.965478
ANG 2.081879
AOA 1066.477167
ARS 1624.84862
AUD 1.648521
AWG 2.093412
AZN 1.975323
BAM 1.965257
BBD 2.338886
BDT 142.484456
BGN 1.987938
BHD 0.440343
BIF 3448.315063
BMD 1.163007
BND 1.485705
BOB 8.02479
BRL 6.112435
BSD 1.161288
BTN 108.535709
BWP 15.868021
BYN 3.457691
BYR 22794.932625
BZD 2.335408
CAD 1.592447
CDF 2643.514377
CHF 0.912012
CLF 0.026742
CLP 1054.23043
CNY 8.002071
CNH 8.000236
COP 4315.662249
CRC 541.594688
CUC 1.163007
CUP 30.819679
CVE 110.798676
CZK 24.416746
DJF 206.785339
DKK 7.471632
DOP 68.911327
DZD 153.897714
EGP 60.75582
ERN 17.445101
ETB 181.307537
FJD 2.569901
FKP 0.871698
GBP 0.864053
GEL 3.157563
GGP 0.871698
GHS 12.703862
GIP 0.871698
GMD 85.479249
GNF 10178.984582
GTQ 8.894805
GYD 242.955448
HKD 9.11082
HNL 30.736916
HRK 7.533491
HTG 152.098679
HUF 386.875395
IDR 19635.04324
ILS 3.610613
IMP 0.871698
INR 108.017038
IQD 1521.321092
IRR 1530080.77726
ISK 143.584908
JEP 0.871698
JMD 182.911804
JOD 0.824605
JPY 184.057503
KES 150.784095
KGS 101.704716
KHR 4653.172524
KMF 496.604216
KPW 1046.710712
KRW 1722.366999
KWD 0.356311
KYD 0.967774
KZT 559.742002
LAK 24959.934934
LBP 103998.309215
LKR 364.649133
LRD 212.515434
LSL 19.690959
LTL 3.434056
LVL 0.703491
LYD 7.433742
MAD 10.8541
MDL 20.311093
MGA 4833.071305
MKD 61.648611
MMK 2441.677383
MNT 4148.387235
MOP 9.369732
MRU 46.355083
MUR 54.161537
MVR 17.980256
MWK 2013.227719
MXN 20.578362
MYR 4.581663
MZN 74.29751
NAD 19.690959
NGN 1598.61056
NIO 42.735658
NOK 11.314369
NPR 173.642681
NZD 1.97742
OMR 0.447162
PAB 1.161233
PEN 4.039841
PGK 5.014021
PHP 69.125688
PKR 324.166696
PLN 4.251168
PYG 7588.5512
QAR 4.246499
RON 5.095251
RSD 117.462099
RUB 95.414029
RWF 1697.814229
SAR 4.365916
SBD 9.364135
SCR 17.796475
SDG 698.96646
SEK 10.791691
SGD 1.480676
SHP 0.872556
SLE 28.580955
SLL 24387.682982
SOS 663.673841
SRD 43.422605
STD 24071.891967
STN 24.61794
SVC 10.160459
SYP 128.586735
SZL 19.683299
THB 37.397661
TJS 11.095514
TMT 4.082154
TND 3.422269
TOP 2.800241
TRY 51.536204
TTD 7.883736
TWD 36.988287
TZS 3018.002423
UAH 50.987774
UGX 4384.003009
USD 1.163007
UYU 47.317913
UZS 14158.255868
VES 528.80828
VND 30634.761239
VUV 138.660755
WST 3.172441
XAF 659.109011
XAG 0.01652
XAU 0.00026
XCD 3.143084
XCG 2.092781
XDR 0.821175
XOF 659.114706
XPF 119.331742
YER 277.502332
ZAR 19.392553
ZMK 10468.458238
ZMW 22.499663
ZWL 374.487704
  • CMSC

    0.2200

    22.87

    +0.96%

  • NGG

    0.2000

    82.19

    +0.24%

  • BCC

    4.0600

    72.36

    +5.61%

  • BTI

    0.5050

    57.875

    +0.87%

  • CMSD

    0.1066

    22.765

    +0.47%

  • BCE

    0.0150

    25.805

    +0.06%

  • RIO

    2.9200

    86.07

    +3.39%

  • JRI

    -0.0600

    11.71

    -0.51%

  • RBGPF

    -13.5000

    69

    -19.57%

  • RYCEF

    0.9000

    16.2

    +5.56%

  • GSK

    0.2550

    52.095

    +0.49%

  • BP

    -1.4300

    43.35

    -3.3%

  • VOD

    0.1800

    14.51

    +1.24%

  • AZN

    0.9650

    184.565

    +0.52%

  • RELX

    0.0450

    33.405

    +0.13%

G7 urged to be 'bold' in climate hotspot Italy
G7 urged to be 'bold' in climate hotspot Italy / Photo: MARCO BERTORELLO - AFP

G7 urged to be 'bold' in climate hotspot Italy

G7 environment ministers gathered in Turin on Monday for two days of talks, as the UN warned "excuses" for failing to take bold actions on climate change were "not acceptable".

Text size:

The Group of Seven meeting in the northern Italian city is the first big political session since the world pledged at the UN's COP28 climate summit in December to transition away from coal, oil and gas.

UN climate chief Simon Stiell kicked off the talks by urging the highly industrialised countries to use their political clout, wealth and technologies to end fossil fuel use.

"I often hear in forums like this one that, 'we cannot possibly move too far forward, lest we predetermine the outcome of negotiations'" at the UN level, Stiell told the ministers.

"It is utter nonsense to claim the G7 cannot -- or should not -- lead the way on bolder climate actions," said Stiell, who leads the United Nations climate change organisation.

The talks come as a new report by a global climate institute shows the G7 -- which includes Canada, France, Germany, Italy, Japan, the UK and the US -- is falling far short of its targets.

Hundreds of protesters demonstrated in Turin on Sunday, some burning photos of the G7 leaders who they accused of failing future generations over the climate crisis.

Environmentalists want to know how the ministers intend to follow through on pledges, such as the agreement at COP28 in Dubai to double energy efficiency rates and triple renewable capacity by 2030.

They also want a bold deadline on ending fossil fuel use.

France is expected to push for the G7 to phase out coal by 2030, but Japan is reluctant to set a date.

Germany -- Europe's biggest emitter of greenhouse gases -- is unwilling to wean itself off gas, as is Italy.

- 'Quantum leap' -

Rome, which holds the G7 rotating presidency this year, says it wants Turin to be "a strategic link" between last year's UN climate talks and COP29, which will take place in November in Azerbaijan.

Italy, a climate change hotspot vulnerable to wildfires, drought and glacier retreat, is putting "biodiversity, ecosystems, warming seas" high on the agenda, according to Italian Environment and Energy Security Minister Gilberto Pichetto Fratin.

Ministers are discussing "renewables, energy efficiency, phasing out fossil fuels" as well as "research for next-generation nuclear power, fusion, the circular economy, critical raw materials, biofuels," he said Monday.

The talks will stress the need to diversify sources of critical materials key to renewable energy systems, as well as minerals reuse, in a bid to stop overreliance on China, which dominates in green technologies.

Canada, France, Germany and the UK are pushing for a global treaty to reduce plastics pollution, and are expected to use the G7 to rally a reluctant US and Japan.

Together the G7 makes up around 38 percent of the global economy and was responsible for 21 percent of total greenhouse gas emissions in 2021, according to the Climate Analytics policy institute.

Not one member of the group is on track to meet existing emission reduction targets for 2030, on track instead to cut them by "at best around half of what is needed", a report by the institute said last week.

Climate watchers hope for a ramping up of support for less developed countries in decarbonising their industrial production, with experts advising on particularly tricky sectors, like cement and steel.

There may be commitments on more funds for adaptation to climate change, and Italy said the G7 would discuss "innovative" financing models amid calls for more accessible finance for vulnerable countries.

The UN's Stiell said the G7 needed to see "a quantum leap in climate finance as core business".

"'Challenging budget conditions' is not an acceptable excuse for failing to deliver substantial new public climate finance pledges," he told the ministers.

S.Ogawa--JT