D. Ensuring a Sustainable Future
29. Environment, Energy, Climate: Preventing environmental degradation, conserving, sustainably using and restoring biodiversity, preserving our oceans, promoting clean air and clean water, responding to natural disasters and extreme weather events, and tackling climate change are among the most pressing challenges of our time. As we recover from the pandemic, we are committed to safeguarding our planet and building a more environmentally sustainable and inclusive future for all people.
30. We strengthen our resolve to conserve our marine and terrestrial environment in advance of the upcoming Conference of the Parties (COP15) to the Convention on Biological Diversity (CBD). We launch the Global Coral Reef R&D Accelerator Platform to conserve coral reefs and the Global Initiative on Reducing Land Degradation and Enhancing Conservation of Terrestrial Habitats to prevent, halt, and reverse land degradation. Building on existing initiatives, we share the ambition to achieve a 50 percent reduction of degraded land by 2040, on a voluntary basis. We reaffirm our commitment to reduce additional pollution by marine plastic litter, as articulated by the Osaka Blue Ocean Vision, and to end illegal, unreported, and unregulated fishing.
31. We stress our continued resolve to ensure a stable and uninterrupted supply of energy to achieve economic growth as we respond to the challenges brought about by the pandemic. We recognize the importance of expediting universal access, relying on innovation across fuels and technology options, to affordable and reliable energy for all, in accordance with national circumstances, including ensuring access to clean cooking and electricity. In this regard, we recognize the importance of utilizing the widest variety of fuels and technology options, according to national context, and leading energy transitions to realize the “3E+S” (Energy Security, Economic Efficiency, and Environment + Safety). We acknowledge the importance of maintaining undisrupted flows of energy and exploring paths to enhanced energy security and markets stability, while promoting open, competitive, and free international energy markets. We endorse the G20 Initiative on Clean Cooking and Energy Access and G20 Energy Security and Markets Stability Cooperation. We welcome the measures and recommendations of the Energy Focus Group (EFG), as endorsed by the Energy Ministers party to the EFG, to rebalance the energy markets and continue short and long-term investments. We reaffirm our joint commitment on medium term rationalization and phasing-out of inefficient fossil fuel subsidies that encourage wasteful consumption, while providing targeted support for the poorest.
32. We endorse the Circular Carbon Economy (CCE) Platform, with its 4Rs framework (Reduce, Reuse, Recycle and Remove), recognizing the key importance and ambition of reducing emissions, taking into account system efficiency and national circumstances. The CCE is a voluntary, holistic, integrated, inclusive, pragmatic, and complementary approach to promote economic growth while enhancing environmental stewardship through managing emissions in all sectors including, but not limited to, energy, industry, mobility, and food. We acknowledge, in this context, the various voluntary opportunities and their acceleration highlighted by the CCE Guide. We acknowledge the Presidency Reports of the Climate Stewardship Working Group that can be utilized as a toolbox in addressing sustainability including climate change in the context of national circumstances. We also acknowledge the importance of fostering synergies between adaptation and mitigation, including through nature-based solutions and ecosystembased approaches.
33. In advance of the United Nations Framework Convention on Climate Change (UNFCCC) COP26 in Glasgow and the UNCBD COP15 in Kunming, we reiterate our support for tackling pressing environmental challenges, such as climate change and biodiversity loss, as we promote economic growth, energy security and access for all, and environmental protection. Signatories to the Paris Agreement who confirmed at Osaka their determination to implement it, once again, reaffirm their commitment to its full implementation, reflecting common but differentiated responsibilities and respective capabilities, in the light of different national circumstances. These signatories recall the request by COP21 to communicate or update their nationally determined contributions reflecting their highest possible ambition, in accordance with their obligations under the Paris Agreement, taking into account means of implementation; and emphasize the importance of providing and mobilizing a wide variety of financial resources, to assist developing countries in their adaptation and mitigation efforts, in accordance with the UNFCCC and the Paris Agreement, reaffirming the importance of international cooperation. In addition, these signatories reiterate the invitation to communicate by 2020 long-term low greenhouse gas emission development strategies. These signatories recall the commitment made by developed countries to a goal of mobilizing jointly USD 100 billion per year by 2020 to address the needs of developing countries. All G20 members also continue to support efforts and utilize all available approaches aimed at advancing environmental stewardship for future generations, and emphasize that further global efforts are needed to address these challenges, while maintaining healthy economies conducive to growth, decent jobs, and innovation.
34. Agriculture: We reaffirm our commitment to tackling the challenges in food security and nutrition, as well as reinforcing the efficiency, resilience, and sustainability of food and agriculture supply-chains, especially in light of the effects of the pandemic. A significant increase in responsible investment in agriculture and food systems is needed to meet the challenge of feeding the global population and we endorse the G20 Riyadh Statement to Enhance Implementation of Responsible Investment in Agriculture and Food Systems. We acknowledge the goal of voluntarily establishing intermediate country-specific targets to strengthen efforts towards halving global per capita food loss and waste by 2030.
35. Water: We acknowledge that affordable, reliable, and safe water, sanitation, and hygiene services are essential for human life and that access to clean water is critical to overcome the pandemic. We welcome the G20 Dialogue on Water as a basis to share best practices and promote innovation, and new technologies, on a voluntary basis, that will foster sustainable, resilient, and integrated water management.
36. We value the efforts to safeguard people’s health through the postponement of major public events. As a symbol of humanity’s resilience and global unity in overcoming COVID-19, we commend Japan’s determination to host the Olympic and Paralympic Games Tokyo 2020 next year. We further commend the United Arab Emirates’ resolve to host World Expo 2020 next year. We look forward to the Beijing Winter Olympics in 2022.
37. We thank the international organizations for their valuable input through their reports and technical advice. We commemorate the 75th anniversary of the United Nations. We express our appreciation for the valuable work undertaken by the G20 Engagement Groups.
38. We thank Saudi Arabia for hosting a successful Riyadh Summit and its contribution to the G20 process. We look forward to our next meetings in Italy in 2021, Indonesia in 2022, India in 2023 and Brazil in 2024.