G20 agrees final communique with reference to climate change

G20 finance ministers and central bankers are meeting in the Saudi capital to discuss top global economic challenges, including the spread of the new coronavirus. (File/AFP)
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Updated 23 February 2020

G20 agrees final communique with reference to climate change

  • One of the sources said it was the first time a reference to climate change had been included in a G20 finance communique
  • G20 officials completed work on the communique on Sunday morning

RIYADH: Finance officials from the world’s 20 biggest economies (G20) meeting in Riyadh on Sunday reached agreement on the wording of a final communique that includes a reference to climate change for the first time, G20 diplomatic sources said.
Overcoming US objections, the compromise language retained a reference to work by the Financial Stability Board to examine the implications of climate change on financial stability, although it dropped climate change from its list of downside risks to global economic growth.
One of the sources said it was the first time a reference to climate change had been included in a G20 finance communique, even though it was removed from the top of the joint statement.
G20 finance ministers and central bankers are meeting in the Saudi capital to discuss top global economic challenges, including the spread of the new coronavirus.
G20 officials completed work on the communique on Sunday morning. The final wording was not immediately available.
Delegates worked out a compromise after Washington objected to the initial proposed language, which had included “macroeconomic risk related to environmental stability” in a list of downside risks, two G20 diplomatic sources said.
The communique forecasts a modest pick-up in global growth this year and next, but cites downside risks to this outlook stemming from geopolitical and remaining trade tensions and policy uncertainty.


French police arrest Sudanese man linked to stabbing near Lyon

Updated 3 min 18 sec ago

French police arrest Sudanese man linked to stabbing near Lyon

  • Police arrested the knifeman after he targeted customers in a shop and a man walking in the street
  • The knifeman was a 33-year-old refugee from Sudan, police told French media

DUBAI: French police have arrested a Sudanese man in connection with a stabbing in the town of Romans-sur-Isere near Lyon, Al-Arabiya TV reported.

Two people were killed and five were wounded in the French town after a man carrying a knife attacked residents amid the coronavirus lockdown, UK national daily, The Guardian reported on Saturday.

Police arrested the knifeman after he targeted customers in a shop and a man walking in the street.

The arrested man was a 33-year-old refugee from Sudan, police told French media. He first attacked a person who had just left home for a walk.  He then went into a tobacco shop, stabbed the tobacconist and two customers. He also grabbed another knife and attacked a customer before entering a supermarket, according to media reports.

Emmanuel Macron said in a tweet: “My thoughts go out to the victims of the attack in Romans-sur-Isère, the injured and their families. We will fully investigate this odious act that has added more grief to our country that has already suffered so much over the last few weeks.”