The G20 summit is appreciated

I am one of those who is convinced that meetings such as the G20 are important. It takes us nowhere to have a cynical view about these types of summits.

This year´s edition is about to begin in China. The leaders might have serious differences of opinion on key issues. There might be accrued tension between China and the West. And some opportunistic views against globalisation. But is wise to give the leaders a chance to meet on a regular basis. These platforms put pressure on them to reach compromises. And to take action together. All that contributes to a less tense international scene.

On the eve of tomorrow´s meeting, China and the US have decided to ratify the Paris agreement on Climate Change. That agreement is critical for our future. And we can only commend President Xi and President Obama for the move. They have sent a very strong signal and tremendously contribute to enhance the G20´s image.

The signal should now be picked by the Europeans. They must move very fast with their own ratification. There is no real reason for further delays. That will be good for the environment as well for their popularity at home.