Green theory and the G20

Abstract

This chapter assesses the G20 from the perspective of three distinct 'green' theoretical approaches: green market liberalism; green institutionalism; and critical green theory. A focus is given to three areas of the G20’s work: green stimulus/green growth; fossil fuel subsidy reform; and climate change risk in the financial sector. Additionally, two pivotal G20 summits (Brisbane 2014 and Hamburg 2017) are described to demonstrate how state and non-state actors utilize G20 processes to shape international climate negotiations. The chapter concludes that the G20’s performance on environmental issues has thus far been slow and inconsistent; however, there is some reason to remain optimistic that it might improve. Some reflections on institutional reforms that could enhance the prospects for G20 leadership in global environmental governance are provided. Show more