THE Attorney-General and Minister Responsible for Climate Change addressed the High-Level representatives of the G20 at the inaugural dialogue between the G20 and the V20 following the World Bank/IMF Spring Meetings in Washington.
The Group of Twenty (G20) is the central forum for international cooperation on financial and economic issues. The G20 countries account for more than four-fifths of gross world product and three-quarters of global trade, and are home to almost two-thirds of the world’s population. Its decisions are influential and help to bring about reform at national and multinational levels. Germany took over the presidency of the G20 on 1 December 2016.
The Vulnerable Twenty (V20) Group of Ministers responsible for Finance of the Climate Vulnerable Forum is a dedicated cooperation initiative of economies systemically vulnerable to climate change. The V20 whose members are Afghanistan, Bangladesh, Barbados, Bhutan, Burkina Faso, Cambodia, Comoros, Costa Rica, Democratic Republic of the Congo, Dominican Republic, Ethiopia, Fiji, Ghana, Grenada, Guatemala, Haïti, Honduras, Kenya, Kiribati, Madagascar, Malawi, Maldives, Marshall Islands, Mongolia, Morocco, Nepal, Niger, Palau, Papua New Guinea, Philippines, Rwanda, Saint Lucia, Senegal, South Sudan, Sri Lanka, Sudan, Tanzania, Timor-Leste, Tunisia, Tuvalu, Vanuatu, Viet Nam and Yemen, works through dialogue and action to tackle global climate change. Since October 2016, Ethiopia serves as the Chair of the V20 following the Group’s inaugural tenure by Philippines.
In addressing the gathering the Attorney General said “The Fijian Presidency of COP 23 and its hosting in Bonn, Germany is not only symbolic of the building of a real bridge between the V20 and G20 but is a very practical example of how the two groupings can collaborate with each other to tackle climate change”.
The Attorney General highlighted that through the COP Presidency, Fiji not only wants to further its legal commitments under the Paris Agreement but wants to highlight that the climate action agenda needs more and all partners.
“Partners that can help realise to get broader understanding that our actions to tackle the phenomenon also presents longevity and sustainability of both human and our biodiversity lives, improved livelihoods, greater commercial and financial opportunities and advancement of technology and science,” he said.
With respect to development finance, the Attorney-General stated that while the concessional international development association (IDA) funds has increased, middle income yet small vulnerable states do not have access to such funds. He stated that such states must be allowed to access such funds. Within this context, he reiterated need to re-look at climate finance architecture and re-evaluate the onerous and often impractical conditions of accessing climate finance.
German Vice-Minister Thomas Silberhorn of the Federal Ministry for Economic Cooperation and Development delivered the keynote address at the inaugural G20 and V20 dialogue. The dialogue session was chaired by Ms. Christiana Figueres, former Executive Secretary of the United Nations Framework Convention on Climate Change and the current convener of Mission 2020, a global initiative that seeks to ensure the world bends the curve on greenhouse gas emissions by 2020 in order to protect the most vulnerable from the worst impacts of climate change and usher in an era of stability and prosperity.