Communique underlines group's commitment to Paris Agreement, but disappoints campaigners with failure to set fossil fuel subsidy deadline…The G20 has today signalled its backing for a wave of green finance reforms designed to mobilise trillions of dollars in low carbon infrastructure and technology investment.

The group issued its annual communique at the close of the latest summit in Hangzhou, reaffirming its commitment to ratifying the Paris Agreement as soon as possible and reiterating "our commitment to sustainable development, strong and effective support and actions to address climate change"…

The two day summit followed this weekend's confirmation that the world's two largest emitters, China and the US, have ratified the Paris Agreement, fuelling hopes the international treaty could come into force this year…[but] Environmental campaigners were…left disappointed by the failure of the communique to set a target date for phasing out fossil fuel subsidies, after the G7 committed to ending such subsidies by 2025...