President Biden on Sunday held a press conference in Rome to conclude a two-day meeting with G20 leaders before heading to a United Nations climate summit in Glasgow, Scotland.
The G20 leaders made a vague commitment during their meeting to seek carbon neutrality “by or around mid-century,” which some claimed is not enough to stymie the threats of climate change.
British Prime Minister Boris Johnson said the commitments made by G20 leaders were only “drops in a rapidly warming ocean,” which was a sentiment echoed by U.N. Secretary-General Antonio Guterres, who tweeted, “While I welcome the #G20′s recommitment to global solutions, I leave Rome with my hopes unfulfilled — but at least they are not buried. Onwards to #COP26 in Glasgow.”
The G20 leaders also achieved “broad support” for a landmark deal to establish a 15% global minimum corporate tax intended to deter multinational countries from eluding taxes by shifting their profits to low-rate havens where they might do little actual business.
