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G20 states must take harder line on carbon emissions: NGOs

G20 powers should revise upwards by a factor of six greenhouse gas reduction targets to meet their commitments of limiting temperature rises, Climate Transparency saidG20 states must work harder to ensure a swifter transition to a low carbon economy, NGOs urged Thursday, notably deploring continued EU finance for fossil fuel-powered projects. Major powers should revise upwards by a factor of six greenhouse gas reduction targets by 2030 to meet their commitments of limiting temperature rises to two Celsius under last year’s Paris Accord on climate change, Climate Transparency said. “Our report shows that while global emissions growth may be coming to an end, there is not yet the necessary dynamic to transform the ‘brown’ fossil-fuel based economy and into the ‘green’, said Climate Transparency, a grouping of international research centres, in a report released ahead of a weekend G20 summit in China.

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