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Saturday, November 21, 2009 8:20 AM

Published 11/07/2009 by The Courier


'Year of progress' for G20-Darling

Topping the agenda over two days of talks will be continuing efforts to coax world economies out of recession, and preparing for the UN summit on climate change next month in Copenhagen. Work got under way in earnest last night during a working dinner hosted by the Chancellor...

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What others report on the same story

G20 has 'no reason' to give up
The G20 has no reason to give up on hopes for agreement ahead of a crucial climate change summit, Britain's chancellor of the exchequer said on Friday, as a meeting ... - [11/07/2009 - Sky News Australia]
UK & World News: Darling pushes for G20 cli...
Leading finance ministers and bank governors will get down to business at the G20 summit as they try to nurse the global economy back to health.Chancellor Alistair ... - [11/07/2009 - Newcastle Evening Chronicle]
G-20 to firm up recovery, climate funding
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G20 ministers gather in Scotland - [11/06/2009 - BBC]
'Let's get on' with climate fight, urges Alista... - [11/06/2009 - London Evening Standard]
G20 ministers meet in St Andrews - [11/06/2009 - BBC]
G20 finmins to pledge stimulus stays, look at g... - [11/06/2009 - M0]
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G20 finmins to pledge stimulus stays, look at g... - [11/06/2009 - Yahoo! News]
G20 to stay the course on economic stimulus - [11/06/2009 - Reuters: Business News]
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Quotes

...annual dinner. "A year ago I suspect that most people didn't know what the G20 was or what it did-and that included some of its members" he said. "But in the...
'Year of progress' for G20-Darling [The Courier - 11/07/2009]
...he said. "But in the space of 12 months, we've made a lot of progress. After years of painstakingly slow progress, we've now agreed to reform global financial regulation, we've agreed global rules on bank pay, and we are cracking down on tax havens. "The G20 allows us to work together on a wider stage and reap even greater benefits." One of the biggest challenges for G20 ministers this weekend is making progress towards a lasting global deal on climate change in Copenhagen. The Chancellor has made it clear that there is a lot of work yet to do and that countries must honour their pledges. In St Andrews he wants to work towards a $100bn global deal to help the emerging economies develop clear and efficient technologies in the effort to reduce carbon emissions and minimise global warming to a maximum two degree increase. "So the G20 must push for a deal on climate financing and governance-this is an essential part of tackling climate change. The road ahead will be difficult, there are arguments still to be won. This is a reason to redouble our efforts," said Mr Darling. There was tight security around the Fairmont Hotel by St Andrews where the summit is being held. Police checkpoints were set up with sniffer dogs and police officers checking all vehicles as they entered the hotel grounds. Despite the security operation at St Andrews Bay, there was little disruption to traffic on the main St Andrews to Crail road. Hundreds of people are expected to take part in a march this morning to highlight their opposition to their opposition to G20 policies, although police have said they expect all demonstrations to pass off peacefully. The summit will draw to a close this afternoon when the official communique is agreed by all nations and released."
'Year of progress' for G20-Darling [The Courier - 11/07/2009]

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