Will the G20 Spur Post-Paris Climate Action? 3 Signs to Look For

The briefing identifies three key indicators that would signal the G20's commitment to the post-Paris climate era: a clear target date for phasing out fossil fuel subsidies, the promotion of green finance through climate-related financial risk disclosure, and the collective ratification of the Paris Agreement by the end of 2016.

• G20 countries are critical to global climate goals because they collectively account for approximately 80 percent of global GDP and 80 percent of greenhouse gas emissions.
• The G20 should establish a clear target date to phase out fossil fuel subsidies by 2025, noting that these subsidies cost an estimated $550 billion annually and often exceed domestic spending on health or education in countries like Indonesia and previously Mexico.
• To incentivize low-carbon investment, the G20 should promote green finance by requiring comprehensive climate-related financial risk disclosure, including risks from extreme weather and stranded fossil fuel assets.
• A key sign of progress would be the ratification of the Paris Agreement by all G20 parties before the end of 2016 to ensure it enters into force before political transitions in China and the U.S.

APA

World Resources Institute (2016). Will the G20 Spur Post-Paris Climate Action? 3 Signs to Look For. https://www.wri.org/insights/will-g20-spur-post-paris-climate-action-3-signs-look

Chicago

World Resources Institute. Will the G20 Spur Post-Paris Climate Action? 3 Signs to Look For. 2016. https://www.wri.org/insights/will-g20-spur-post-paris-climate-action-3-signs-look.

Wikipedia

{{cite report |author=World Resources Institute |title=Will the G20 Spur Post-Paris Climate Action? 3 Signs to Look For |date=15 August 2016 |url=https://www.wri.org/insights/will-g20-spur-post-paris-climate-action-3-signs-look |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{worldresourcesinstitute2016will, author = {{World Resources Institute}}, title = {{Will the G20 Spur Post-Paris Climate Action? 3 Signs to Look For}}, institution = {World Resources Institute}, year = {2016}, month = aug, url = {https://www.wri.org/insights/will-g20-spur-post-paris-climate-action-3-signs-look}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }