VENICE, Italy — G20 finance leaders recognized carbon pricing as a potential tool to address climate change for the first time in an official communique on Saturday, taking a tentative step towards promoting the idea and coordinating carbon reduction policies.
The move marked a massive shift from the previous four years when former U.S. President Donald Trump’s administration routinely opposed the mention of climate change as a global risk in such international statements.
The communique, issued on Saturday after a meeting of Group of 20 finance ministers and central bank governors in the Italian city of Venice, which is threatened by rising sea l…
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