B2O: Energy, Resource Efficiency & Sustainability


B2O: Energy, Resource Efficiency & Sustainability

The Argentina B20 Energy, Resource Efficiency and Sustainability (ERES) Taskforce wishes to commit the global business community and the G20 leaders to pursue accelerated transitions towards a low carbon, sustainable and equitable energy future as mandated by the UN Sustainable Development Goals (SDGs). B20 leaders call for decisive action against climate change and the provision of actionable roadmaps aimed at the accelerated reduction of greenhouse gases (GHG) emissions. B20 acknowledges that for signatory Governments, the Paris Agreement provides an international legal framework capable of ensuring local and regional paths to fight climate change at a global scale.

To accomplish this goal, the B20 ERES task force is determined to cooperate with the G20 leaders to overcome present challenges. In 2017, global energy-related CO2 emissions grew by 1.4 percent, reaching a historic peak of 32.5 gigatons, while energy efficiency improvements slowed down. Resource efficiency still falls behind in the leaders’ agenda, hampering necessary transformations from linear to circular economies. Over 1.1 billion people worldwide lack access to energy, 2.8 billion are in need of clean cooking solutions, and climate adaptation policies only account for 7 percent of climate impact investments. Worldwide consistent strategies to cope with the irreversible consequences of climate change need further conscious cooperation. Argentina B20 ERES Taskforce acknowledges the opportunity to deliver consistent strategies and policies at global, regional and national levels to mitigate the actions and consequences of climate change.