G-20 Finance Chiefs Said to Drop Climate Reference in Document

  • U.S., China, India, Saudi Arabia said to resist climate effort
  • Germany set to instead present climate plan at working group
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Finance ministers from the world’s biggest economies dropped a reference to climate change in a draft of their statement at a Group of 20 meeting, frustrating plans by Germany to devote a section to the topic, according to people familiar with the talks.

Deputies concluded crafting the communique on Thursday evening, and ministers and central-bank governors will debate the document in the German town of Baden-Baden on Friday. The language may still change before the final version is released the next day.