This is why, at the Hamburg summit, all G20 member states but one reaffirmed their strong commitment to the Paris climate agreement and declared their willingness to move swiftly towards its full implementation – acknowledging the principle of common but differentiated responsibilities and respective capabilities.
1/3  BIS central bankers' speeches  In the words of David Kennedy, the former Chief Executive of the British government’s Committee on Climate Change: “Global warming threatens the ‘sustainability’ not of life on the planet, but of the economic and political arrangements people have come to think are natural." From an economist’s viewpoint, climate change is inherently a public goods problem.