The European Union will urge the G20 on Saturday to invest $4.5 billion to help. Debt relief for Africa will be a main theme of the Italian presidency of the G20 in 2021. The change of US leadership also raises hopes of a more concerted effort at G20 level to fight climate change. Under Trump, the United States pulled out of the Paris Agreement on fighting climate change, but the decision is likely to be reversed by President-elect Joe Biden. To help finance the fight again climate change the EU will push for the G20 to agree common global standards on what constitutes "green" investment.

Source: bd News24 November 21, 2020 01:52 UTC