G20 Radio Bulletin 120 - Brasil leads discussions in search for financial resources to counter the climate crisis and prepares for COP 30

During a press conference in Belém (Pará) about the G20 Task Force for the Global Mobilization against Climate Change, Brasil’s leadership in the climate agenda was highlighted. Participants mentioned the need for up to USD 4 trillion for the climate transition until 2023, and warned about the dangers of environmental denialism. The G20 meeting in Belém is recognized as a landmark in the preparations for the COP 30 next year. Listen to the report to learn more.

Reporter: A press conference in Belém, in the Brazilian state of Pará, marked the beginning of yet another important round of discussions at the meeting of the G20 Task Force for the Global Mobilization against Climate Change. At the occasion, Ambassador André Corrêa do Lago, serving as the Ministry of Foreign Affairs’ secretary for Climate, Energy, and the Environment, underscored Brasil’s leadership in the climate agenda and the importance of the discussions promoted at the G20.

André Corrêa do Lago: I believe we must arrive at COP 30 showing that the forest is one of the great solutions for climate change. Cities like Belém, regions like the Amazon, states like Pará, are opportunities for the entire world to benefit from.

Reporter: Ambassador Tatiana Rosito, the G20 Finance Track coordinator, highlighted the reforms of international financial governance to facilitate the flow of capitals required for climate change adaptation and mitigation.

Tatiana Rosito: We estimate that the developing world needs between USD 1.5 trillion and 4 trillion in order to have the climate transition until 2030. And we are looking to align financial flows in order to support this.

Reporter: The State Governor of Pará, Helder Barbalho, said that the choice of Belém for this round of the G20 reflects the importance of the themes addressed at the meeting, such as the environment and countering climate change. The governor stated the need for joint efforts to counter these problems, and warned about the dangers of environmental denialism.

Helder Barbalho: We must always be alert so that all the consensus that seems obvious to us are not run over by the waves of denialism, particularly environmental denialism. This form stands on a rich and encompassing foundation. Combating hunger, poverty, and inequalities; the economic perspective must be coupled with the social perspective, and the social perspective to the environmental.

Reporter: Ana Toni, the Ministry of Environment's national secretary for climate change, mentioned to participants that Brasil has been going through three simultaneous climate crises: in Rio Grande do Sul, with the floods; in Pantanal, with the wildfires; and in the Amazon, with the drought. Toni stated that the theme of the climate emergency is a pressing one.

Ana Toni: That we may have this conversation in such a way that demonstrates the responsibility of the G20 — a group of countries who are responsible for over 80% of the greenhouse effect gas emissions and also have around 80% of the means for implementation, especially the financial means for implementation.

Reporter: The G20 meeting in Belém is seen as a landmark in the global environmental agenda, preparing the path for the COP 30, which will take place in that same city next year.