G20 finance chiefs meeting in India address global challenges like climate change and rising debt
1 year, 5 months ago

G20 finance chiefs meeting in India address global challenges like climate change and rising debt

Associated Press  

NEW DELHI — Finance ministers from the Group of 20 nations meeting in India on Monday are poised to address critical global economic challenges, including the threats posed by climate change and rising debt among low-income countries. “The world is looking to the G20 to make progress on key challenges like climate change and pandemics as part of our work to strengthen the global economy and to support developing countries,” Yellen said. Sitharaman said a priority for the G20 and host India is strengthening global development banks and reaching a consensus on “intractable issues associated with rising indebtedness of low and middle-income countries.” Yellen added that it was vital to “press for more ambition and specific reforms” with respect to global development banks. She reiterated the deepening ties between the two countries on Monday and said “the United States and India are among the closest partners in the world.” In a statement, she said the U.S. was looking forward to working with India on an “investment platform to deliver a lower cost of capital and increased private investment to speed India’s energy transition.” India’s longstanding relationship with Russia has also loomed as the Kremlin’s invasion of Ukraine continues despite U.S. and allied countries’ efforts to sanction and economically bludgeon Russia’s economy.

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History of this topic

G20 has will, capacity and determination to address global challenges: S African finance minister
1 week, 3 days ago

G20 has will, capacity and determination to address global challenges: S African finance minister

ABP News  

Johannesburg, Dec 14 : G20 countries have the will, capacity and determination to address the formidable global challenges ahead, South African Finance Minister Enoch Godongwana has said here. But the G20 has the will, capacity and determination to address them," Godongwana said as he added that this was captured in the theme of South Africa's G20 Presidency -- 'Solidarity, Equality …

South Africa vows to tackle global issues as G20 head
2 weeks, 5 days ago

South Africa vows to tackle global issues as G20 head

China Daily  

By NDUMISO MLILO in Johannesburg | China Daily | Updated: 2024-12-05 10:54 South African President Cyril Ramaphosa briefs the media on South Africa's G20 presidency for 2025 at the parliament in Cape Town, South Africa, December 3, 2024. South Africa will leverage its G20 presidency to tackle pressing global challenges, including the lack of inclusive growth and climate change, President …

South Africa vows to tackle global issues as G20 head
2 weeks, 5 days ago

South Africa vows to tackle global issues as G20 head

China Daily  

By NDUMISO MLILO in Johannesburg | China Daily | Updated: 2024-12-05 10:54 South African President Cyril Ramaphosa briefs the media on South Africa's G20 presidency for 2025 at the parliament in Cape Town, South Africa, December 3, 2024. South Africa will leverage its G20 presidency to tackle pressing global challenges, including the lack of inclusive growth and climate change, President …

The G20 has ‘shock absorbers’ to deal with Trump’s return as US president, South Africa says
2 weeks, 6 days ago

The G20 has ‘shock absorbers’ to deal with Trump’s return as US president, South Africa says

Associated Press  

CAPE TOWN, South Africa — The Group of 20 has sufficient “shock absorbers” to function effectively if the incoming Donald Trump administration promotes an America First policy at the expense of international cooperation, South Africa’s leader said Tuesday as his country took over the bloc’s presidency. South African President Cyril Ramaphosa said he would elevate the impact of climate change …

Do we still need the G20?
4 weeks ago

Do we still need the G20?

China Daily  

MA XUEJING/CHINA DAILY The G20 remains an important platform for dialogue between major countries and a banner of multilateralism in today's world. The most representative platform for global economic governance The G20 brings together major developed and developing countries and keeps a balance of representation of all continents in the world. The 2024 Kazan Declaration of BRICS, a prominent platform …

At risk of irrelevancy
1 month ago

At risk of irrelevancy

China Daily  

WANG XIAOYING/CHINA DAILY G20 must reform itself so it can meet its obligation to bridge the inequality gap The G20 stands as both a symbol of hope and a reflection of our world's deep inequities. Within the group, the G7 nations alone control nearly 25.8 percent of the global economy, despite representing just 10 percent of the world's population. The …

G20 summit: PM Modi calls for efforts towards a more sustainable future
1 month ago

G20 summit: PM Modi calls for efforts towards a more sustainable future

India Today  

Prime Minister Narendra Modi on Tuesday urged the G20 grouping to accelerate efforts to ensure a cleaner and more sustainable future for all. In an address at a session on sustainable development and energy transition at the G20 summit, Modi said it is essential for developed countries to fulfil their commitments to provide technology and finance in a timely manner …

G20 Summit spotlight: PM Modi unveils India's bold vision for sustainable development | READ
1 month ago

G20 Summit spotlight: PM Modi unveils India's bold vision for sustainable development | READ

India TV News  

Rio de Janeiro: Prime Minister Narendra Modi on Tuesday addressed the G20 Summit in Rio de Janeiro where he emphasised his speech over India's commitment to sustainable development while withholding the principles of the Paris Agreement. The Prime Minister underscored how India has achieved the Paris Agreement goals ahead of the schedule. Its overarching goal is to hold “the increase …

G20 summit ends in disappointment for COP29 negotiators
1 month ago

G20 summit ends in disappointment for COP29 negotiators

Live Mint  

The Group of 20 summit in Brazil's Rio De Janeiro disappointed negotiators at the UN Climate Change Conference Baku-COP29, as it failed to send a “strong signal” on the pressing need to resolve the climate crisis. The G20 leaders' declaration reiterated the need for rapidly scaling up climate finance “from billions to trillions”, which they acknowledged in the 2023 New …

G20 Summit: Global South ’most adversely’ hit by food, fuel crisis due to global conflicts, says PM Modi
1 month ago

G20 Summit: Global South ’most adversely’ hit by food, fuel crisis due to global conflicts, says PM Modi

Live Mint  

During his speech at the G20 Leaders' Summit in Brazil, Prime Minister Narendra Modi emphasized India's commitment to lifting 250 million people out of poverty. The countries of the Global South are most adversely impacted by the food, fuel and fertiliser crisis caused by global conflicts and G20 must give primacy to their concerns and priorities, Prime Minister Narendra Modi …

South Africa expects G20 to facilitate cooperation
1 month ago

South Africa expects G20 to facilitate cooperation

China Daily  

The Ginga Tropical Dance Group performs on the eve of the 2024 G20 Meeting in Rio de Janeiro, Brazil, on Sunday. BUDA MENDES / GETTY IMAGES The G20 summit in Rio de Janeiro is expected to facilitate international trade and address challenges facing the world, including strengthening global governance and multilateralism, South African officials and experts said. South Africa is …

South Africa expects G20 to facilitate cooperation
1 month ago

South Africa expects G20 to facilitate cooperation

China Daily  

By NDUMISO MLILO in Johannesburg, South Africa | China Daily | Updated: 2024-11-19 10:06 The Ginga Tropical Dance Group performs on the eve of the 2024 G20 Meeting in Rio de Janeiro, Brazil, on Sunday. BUDA MENDES / GETTY IMAGES The G20 summit in Rio de Janeiro is expected to facilitate international trade and address challenges facing the world, including …

At G20 summit, Xi urges a fair, equitable global governance system
1 month ago

At G20 summit, Xi urges a fair, equitable global governance system

China Daily  

Chinese President Xi Jinping on Monday delivers a speech at Session II of the 19th G20 Summit on Reform of the Institutions of Global Governance in Rio de Janeiro, Brazil. First, the G20 needs to improve global economic governance and build a world economy characterized by cooperation. Second, the G20 needs to improve global financial governance and build a world …

South Africa expects G20 to facilitate cooperation
1 month ago

South Africa expects G20 to facilitate cooperation

China Daily  

The Ginga Tropical Dance Group performs on the eve of the 2024 G20 Meeting in Rio de Janeiro, Brazil, on Sunday. BUDA MENDES / GETTY IMAGES The G20 summit in Rio de Janeiro is expected to facilitate international trade and address challenges facing the world, including strengthening global governance and multilateralism, South African officials and experts said. South Africa is …

Trade, climate take centre stage as PM arrives for G20
1 month ago

Trade, climate take centre stage as PM arrives for G20

Hindustan Times  

The G20 should focus on the challenges and priorities of the Global South, which have been most affected by the food, fuel and fertiliser crisis brought on by global conflicts, Prime Minister Narendra Modi said on Monday. Modi’s remarks, made during the first session of the G20 Summit in Rio de Janeiro that focused on “Social inclusion and the fight …

G20 Summit 2024: PM Modi Highlights India’s Reforms, Backs Brazil’s ‘Global Alliance Against Hunger And Poverty’
1 month ago

G20 Summit 2024: PM Modi Highlights India’s Reforms, Backs Brazil’s ‘Global Alliance Against Hunger And Poverty’

ABP News  

G20 Summit 2024: Prime Minister Narendra Modi on Monday addressed a G20 session in Brazil's Rio de Janeiro on “Social Inclusion and the Fight Against Hunger and Poverty,” emphasising India’s transformative achievements over the past decade. Congratulating Brazil President Lula da Silva of Brazil, PM Modi lauded the arrangements made for the G20 summit and the continuation of people-centric decisions …

G20 Summit: Global South adversely impacted by food, fuel, fertiliser crisis due to global conflicts, says PM Modi
1 month ago

G20 Summit: Global South adversely impacted by food, fuel, fertiliser crisis due to global conflicts, says PM Modi

Hindustan Times  

The G20 should focus on the challenges and priorities of the Global South, which have been most affected by the food, fuel and fertiliser crisis brought on by global conflicts, Prime Minister Narendra Modi said on Monday. Modi’s remarks, made during the first session of the G20 Summit in Rio de Janeiro that focused on “Social inclusion and the fight …

G20 Summit: PM Modi stresses need to centre Global South in talks amid conflict-driven food, fuel crises
1 month ago

G20 Summit: PM Modi stresses need to centre Global South in talks amid conflict-driven food, fuel crises

India TV News  

Rio de Janeiro, Brazil: Prime Minister Narendra Modi has once again turned vocal for the Global South and stressed that the ongoing discussions at the mega venue could only be successful when the challenges and priorities of the region are kept in mind. "And just as we amplified the voice of the Global South by granting permanent membership of G20 …

G20 Brazil Summit: Is G7 finally making way for emerging economies?
1 month ago

G20 Brazil Summit: Is G7 finally making way for emerging economies?

Firstpost  

In making the G20 agenda much more holistic, emerging economies have sought to focus on the needs and concerns of developing and least developed countries As the G20 summit starts Monday in Rio de Janeiro, the intra-G20 equations have seen the industrialised Group of Seven nations making way for a greater role for the emerging economies. Here, along with the …

G20 should help address common global challenges
1 month ago

G20 should help address common global challenges

China Daily  

Brazil's President Luiz Inacio Lula da Silva greets South African President Cyril Ramaphosa as he arrives ahead of the G20 Summit, in Rio de Janeiro, Brazil, November 17, 2024. The EU recently joined the fray by imposing tariffs of up to 45.3 percent on Chinese-made electric vehicles, raising tensions between the two major economies and threatening to destabilize international trade …

G20 should help address common global challenges
1 month ago

G20 should help address common global challenges

China Daily  

Brazil's President Luiz Inacio Lula da Silva greets South African President Cyril Ramaphosa as he arrives ahead of the G20 Summit, in Rio de Janeiro, Brazil, November 17, 2024. The EU recently joined the fray by imposing tariffs of up to 45.3 percent on Chinese-made electric vehicles, raising tensions between the two major economies and threatening to destabilize international trade …

Africa set to leverage advantages from G20
1 month ago

Africa set to leverage advantages from G20

China Daily  

By NDUMISO MLILO in Johannesburg | China Daily | Updated: 2024-11-18 08:44 MA XUEJING/CHINA DAILY African countries should use the opportunity of G20 membership to promote trade and investment with the world's most powerful countries, experts said ahead of this year's G20 summit. Kubayi said African countries and many nations in the Global South need technical skills and funding to …

Pivotal moment for G20
1 month ago

Pivotal moment for G20

China Daily  

MA XUEJING/CHINA DAILY Uncertainty over US commitment to multilateral institutions casts a long shadow on the grouping's future, forcing the Global South to look for alternative forums to pursue meaningful reforms The G20 convenes in Brazil on Nov 18 and 19, a little over a week after Donald Trump's victory in the US presidential election. Brazilian President Luiz Inacio Lula …

Africa set to leverage advantages from G20
1 month ago

Africa set to leverage advantages from G20

China Daily  

By NDUMISO MLILO in Johannesburg | China Daily | Updated: 2024-11-18 08:44 MA XUEJING/CHINA DAILY African countries should use the opportunity of G20 membership to promote trade and investment with the world's most powerful countries, experts said ahead of this year's G20 summit. Kubayi said African countries and many nations in the Global South need technical skills and funding to …

Africa set to leverage advantages from G20
Trending News
1 month ago

Africa set to leverage advantages from G20

China Daily  

MA XUEJING/CHINA DAILY African countries should use the opportunity of G20 membership to promote trade and investment with the world's most powerful countries, experts said ahead of this year's G20 summit. Kubayi said African countries and many nations in the Global South need technical skills and funding to assist them in a just transition to clean energy and the gradual …

G20 should help address common global challenges
Trending News
1 month ago

G20 should help address common global challenges

China Daily  

Brazil's President Luiz Inacio Lula da Silva greets South African President Cyril Ramaphosa as he arrives ahead of the G20 Summit, in Rio de Janeiro, Brazil, November 17, 2024. The EU recently joined the fray by imposing tariffs of up to 45.3 percent on Chinese-made electric vehicles, raising tensions between the two major economies and threatening to destabilize international trade …

G20 nations reach climate finance breakthrough that eluded COP29 talks: Report
1 month ago

G20 nations reach climate finance breakthrough that eluded COP29 talks: Report

India Today  

Diplomatic tensions over global warming spilled over into the G20 summit negotiations in Brazil this week, with sources saying the 20 major economies reached a fragile consensus on climate finance that had eluded UN talks in Azerbaijan. G20 countries account for 85% of the world's economy and are the largest contributors to multilateral development banks helping to steer climate finance. …

G20 Summit can provide momentum for sustainable development and a just world: China Daily editorial
1 month ago

G20 Summit can provide momentum for sustainable development and a just world: China Daily editorial

China Daily  

A woman walks past a G20 logo near the main venue of the 19th G20 summit in Rio de Janeiro, Brazil, Nov 16, 2024. With the international community increasingly at risk of being torn apart by the centrifugal force generated by the black hole at its center, Brazil making "Building a Just World and a Sustainable Planet" the priorities for …

G20 should help address common global challenges
1 month ago

G20 should help address common global challenges

China Daily  

Brazil's President Luiz Inacio Lula da Silva greets South African President Cyril Ramaphosa as he arrives ahead of the G20 Summit, in Rio de Janeiro, Brazil, November 17, 2024. The EU recently joined the fray by imposing tariffs of up to 45.3 percent on Chinese-made electric vehicles, raising tensions between the two major economies and threatening to destabilize international trade …

World looks to G20 in Rio for breakthrough in climate talks
1 month ago

World looks to G20 in Rio for breakthrough in climate talks

Hindustan Times  

* World looks to G20 in Rio for breakthrough in climate talks U.N. officials urge G20 leaders to break COP29 stalemate * Wealthy nations asking more countries to foot climate bill * Climate accord may only get trickier with return of Trump By Jake Spring and Lisandra Paraguassu RIO DE JANEIRO, - Diplomatic tensions over global warming will take center …

G20 should help address common global challenges
1 month, 1 week ago

G20 should help address common global challenges

China Daily  

The international community expects the G20 Summit, to be held in Rio de Janeiro, Brazil, on Nov 18-19, to address rising global economic challenges. The EU recently joined the fray by imposing tariffs of up to 45.3 percent on Chinese-made electric vehicles, raising tensions between the two major economies and threatening to destabilize international trade and stall global economic growth. …

Chinese FM urges G20 to advance, improve global governance with partnership spirit
2 months, 4 weeks ago

Chinese FM urges G20 to advance, improve global governance with partnership spirit

China Daily  

UNITED NATIONS -- Chinese Foreign Minister Wang Yi said here Wednesday that the Group of 20 members should take on the responsibilities of major powers and, with a spirit of partnership, advance and improve global governance. Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, made the remarks during a meeting of G20 …

Leaders at U.N. urge world’s richest to do more on climate
2 months, 4 weeks ago

Leaders at U.N. urge world’s richest to do more on climate

The Hindu  

Developing nations on Monday pleaded at the U.N. General Assembly for the world’s richest to do more to help them cope with the hardships they face from climate extremes. “The vulnerable people of our world are drained by the lip service.” Delivering a similar message on behalf of the Least Developed Country negotiating bloc, Malawi’s climate and natural resources minister, …

Role played by India during G-20 presidency appreciated at IMF and WB meeting: Seth
8 months ago

Role played by India during G-20 presidency appreciated at IMF and WB meeting: Seth

The Hindu  

During the annual Spring meetings of the IMF and the World Bank there was a widespread appreciation of the role played by India during its G-20 presidency in building consensus on a range of key global issues, a top Indian official has said. “There is a widespread appreciation of Indian presidency of the G-20 in building consensus on several issues, …

Why the G-20 ‘Common Framework’ for Debt Relief Isn’t Helping Poor Nations
8 months, 2 weeks ago

Why the G-20 ‘Common Framework’ for Debt Relief Isn’t Helping Poor Nations

Bloomberg  

More than half of the world’s low-income countries are at high risk of debt distress or are already in it, and several have defaulted. But despite the world’s 20 largest economies having agreed in 2020 to a plan called the Common Framework to smooth the process of restructuring loans that governments could no longer afford to service or repay, progress …

India and the World: A look at the 'global context' in Nirmala Sitharaman's Budget speech
10 months, 3 weeks ago

India and the World: A look at the 'global context' in Nirmala Sitharaman's Budget speech

Firstpost  

Finance Minister Nirmala Sitharaman, presenting her sixth Union Budget on Thursday, sought to place India’s budget in a global context. Let’s take a closer look: Sitharaman, making her record sixth Budget speech, said, “Geopolitically, global affairs are becoming more complex and challenging with wars and conflicts.” This of course, was a reference to the two wars that have dominated the …

Lula faces numerous challenges as Brazil assumes G20 presidency
1 year ago

Lula faces numerous challenges as Brazil assumes G20 presidency

Al Jazeera  

Lula also takes over at a time of bitter internal divisions in the group, legacy of outgoing president Narendra Modi. “Lula’s position on Israel is delicate, but he’s arguably the best-placed global statesman to try and stop the carnage,” added Ghosh. Equitable global growth At the G20 summit in New Delhi in September, President Lula urged leaders to try and …

PM Modi writes: Dawn of a new multilateralism
1 year ago

PM Modi writes: Dawn of a new multilateralism

Hindustan Times  

Today marks 365 days since India assumed the G20 presidency. Inclusivity also infused India’s domestic approach to G20, making it a people’s presidency that befits the world’s largest democracy. Through “Jan Bhagidari” events, G20 reached 1.4 billion citizens, involving all states and Union Territories as partners, On substantive elements, India ensured that international attention was directed to broader developmental aims, …

Dawn of a new multilateralism
1 year ago

Dawn of a new multilateralism

Hindustan Times  

Today marks 365 days since India assumed the G20 presidency. Prime Minister Narendra Modi addresses the G20 Leaders' Summit at Bharat Mandapam in New Delhi on September 9 Assuming the G20 Chair, India sought to offer the world an alternative to the status quo, a shift from GDP-centric to human-centric progress. Inclusivity also infused India’s domestic approach to G20, making …

PM Modi: ‘India’s G-20 Presidency and the dawn of a new multilateralism’
1 year ago

PM Modi: ‘India’s G-20 Presidency and the dawn of a new multilateralism’

The Hindu  

Today marks 365 days since India assumed the G-20 Presidency. Editorial | India’s moment: on the G-20 Summit outcomes Towards inclusivity Inclusive, ambitious, action-oriented, and decisive — these four words define our approach as the G-20 President, and the New Delhi Leaders’ Declaration, unanimously adopted by all G-20 members, is testimony to our commitment to deliver on these principles. The …

India's G20 presidency marked the dawn of a new multilateralism
1 year ago

India's G20 presidency marked the dawn of a new multilateralism

Live Mint  

Today, 30 November, marks 365 days since India assumed the G20 presidency. It is a moment to reflect on, recommit to and rejuvenate the spirit of ‘Vasudhaiva Kutumbakam: ‘One Earth, One Family, One Future.’ As we undertook this responsibility last year, the global landscape grappled with multifaceted challenges: recovery from the covid pandemic, looming climate threats, financial instability and debt …

India to host virtual G20 Summit on November 22
1 year, 1 month ago

India to host virtual G20 Summit on November 22

Firstpost  

India will focus on its development agenda for the grouping with a focus on challenges being faced by the Global South or the developing countries India, which holds the presidency of G20, will hold a virtual summit on November 22 and will be chaired by Prime Minister Narendra Modi. It may be recalled that at the end of the G20 …

G20 success: We must pursue promises of the New Delhi Declaration
1 year, 1 month ago

G20 success: We must pursue promises of the New Delhi Declaration

Live Mint  

Much has been said about the G20 processes in India over the past one year. Interestingly, as much as it was a spectacle to behold, given its variety of cultural performances, the G20 under India’s presidency was also hailed as a substantive victory for the country and the Global South. Through the New Delhi Leaders’ Declaration, India has aimed at …

G20 'very substantively' delivered on most pressing issues of the day, says EAM Jaishankar
1 year, 2 months ago

G20 'very substantively' delivered on most pressing issues of the day, says EAM Jaishankar

Firstpost  

“About 3 weeks ago, I was in New York for the United Nations General Assembly…A lot of people were still a little surprised that the G20 could bridge what were strong positions and deep divides…,” said Jaishankar while addressing the G20 Tree Plantation Ceremony in New Delhi External Affairs Minister S Jaishankar on Monday said that overall there was a …

G20 finance leaders adopt roadmap on crypto assets
1 year, 2 months ago

G20 finance leaders adopt roadmap on crypto assets

Live Mint  

New Delhi: Finance ministers and central bank governors from G20 nations on Friday adopted a roadmap for regulating crypto assets proposed by the Financial Stability Board and the International Monetary Fund at their meeting at Marrakesh in Morocco. The ministers and central bank governors also decided in their joint communique to take forward key proposals from the New Delhi Leaders …

G20 New Delhi outcomes have great significance for the international community: Jaishankar at UNGA
1 year, 2 months ago

G20 New Delhi outcomes have great significance for the international community: Jaishankar at UNGA

Op India  

External Affairs Minister S Jaishankar on Tuesday said that the outcomes at the G20 Summit held in New Delhi earlier this month have great significance for the international community and the African Union became a permanent member of the forum at India’s initiative. Addressing the 78th United Nations General Assembly, Jaishankar said India began its G20 presidency by convening the …

Inclusion of African Union in G20 marks rise of the Global South at New Delhi summit
1 year, 3 months ago

Inclusion of African Union in G20 marks rise of the Global South at New Delhi summit

The Hindu  

Published : Sep 19, 2023 17:02 IST - 12 MINS READ After decades of being consigned to the margins of international politics, the Global South has bounced back to occupy centre stage. The chairman of the conference, Christoph Heusgen, in an interaction with US Vice President Kamala Harris said: “We have invited a record number of representatives from the so-called …

Patralekha Chatterjee | Many challenges for India as voice of Global South'
1 year, 3 months ago

Patralekha Chatterjee | Many challenges for India as voice of Global South'

Deccan Chronicle  

As India positions itself as a key, if not the champion of the “Global South", a question comes to mind. Despite all the buzz around it, the term “Global South” does not figure explicitly in the G-20 New Delhi Leaders’ Declaration released last week. “Can India Challenge China for Leadership of the ‘Global South’?”, asked the New York Times recently. …

Worldview with Suhasini Haidar | G-20 Summit | The big wins and the takeaways
1 year, 3 months ago

Worldview with Suhasini Haidar | G-20 Summit | The big wins and the takeaways

The Hindu  

So, here are the big takeaways from the 18th G20 Summit in Delhi 1. But what’s important to remember is that no G20 thus far has failed to put out a joint declaration, and India ensure that record is kept- and skilful negotiations by India’s Sherpa team and officials on this Summit, have actually made it much easier for the …

G20: Fourth SFWG meeting to be held in Varanasi on Sep 13-14
1 year, 3 months ago

G20: Fourth SFWG meeting to be held in Varanasi on Sep 13-14

Firstpost  

The 4th and last meeting will focus on finalising the 2023 G20 Sustainable Finance report and also discuss the progress made by jurisdictions and relevant stakeholders against the actions listed in the G20 Sustainable Finance Roadmap, the statement said The 4th G20 Sustainable Finance Working Group meeting under India’s G20 Presidency will be held in Varanasi on September 13 -14, …

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