AMN/ WEB DESK
The 19th G20 Summit comes to an end with President Lula Da Silva handing over the presidency to President Cyril Ramaphosa, with the hope to evaluate the work and hold the responsibility of doing better and continue building a just and sustainable world. In his closing address for the G20 Leaders’ Summit, President Lula talked about various initiatives taken under Brazil’s presidency. The launching of the Global Alliance Against Hunger and Poverty started an unprecedented debate on taxation. Also bringing climate change on the agenda of Finance Ministries and Central Banks and approving the first multilateral document on the bioeconomy. Issuing a Call to Action for reforms that make global governance more effective and representative and engaging in a dialogue with society through the G20 Social. Launching a roadmap to make multilateral development banks effective, and giving African countries a voice in the debate on debt.The establishment of the Women’s Empowerment Working Group and proposing an eighteenth Sustainable Development Goal to promote racial equality. The continuing commitment to tripling global renewable energy capacity by 2030.
Creating a coalition for Local Regional Production of Vaccines and Medicine. The presidency hosted a WHO investment rounds event to meet the collective response to new and persistent health challenges. Approving strategy to Promote Cooperation in Open Innovation against asymmetries in scientific and technological production it was decided to establish a task force on the governance of artificial intelligence in the G20.
The President mentioned that 140 meetings were held in more than 15 Brazilian Cities. He also noted that consensus statements were adopted in most of the working groups.
He highlighted the greatest interaction between Sherpa and finance trails for greater results.
He emphasised that after the South African Presidency, all the G20 countries will have exercised the leadership of the group at least once.
He claimed the handover was a concrete expression of the historical, economic, social and cultural ties that unite Latin America and Africa.
Today, Brazil completes the penultimate stage of a four-year sequence in which the G20 leadership fell to developing countries. Indonesia, India, Brazil and now South Africa bring to the table perspectives that interest the vast majority of the world’s population.