South African G20 Summit Ends with Declaration Focused on Developing World
The two-day G20 summit in Johannesburg has concluded with a historic declaration that prioritizes the needs of developing countries. The adopted document emphasizes the organization's commitment to settling armed conflicts and reducing the burden on vulnerable nations.
Leaders from the world's richest economies, including France, Germany, and Japan, gathered at the exhibition center near Soweto township, once home to Nelson Mandela, to discuss pressing global issues. Despite US President Donald Trump's boycott of the summit, citing baseless claims that South Africa is pursuing racist policies against its white minority, the declaration was adopted with a strong focus on climate change.
The document acknowledges the devastating impact of climate change on developing countries, which often bear the brunt of rising temperatures and extreme weather events. It calls for increased efforts to address this crisis, in line with the G20's commitment to inclusive growth and poverty reduction.
The summit also addressed debt issues, recognizing that high levels of debt can exacerbate poverty and inequality. The declaration vows to strengthen debt treatment frameworks in a predictable, timely, orderly, and coordinated manner.
French President Emmanuel Macron expressed regret over Trump's absence but emphasized the need for all member states to engage and work together to address the numerous challenges facing the world. The G20 bloc, comprising 21 members representing about 85% of the global economy, operates on consensus rather than binding resolutions, which can make progress challenging.
The adoption of this declaration marks a significant shift in the G20's agenda, as it prioritizes the needs of developing countries and acknowledges the disproportionate impact of climate change.
The two-day G20 summit in Johannesburg has concluded with a historic declaration that prioritizes the needs of developing countries. The adopted document emphasizes the organization's commitment to settling armed conflicts and reducing the burden on vulnerable nations.
Leaders from the world's richest economies, including France, Germany, and Japan, gathered at the exhibition center near Soweto township, once home to Nelson Mandela, to discuss pressing global issues. Despite US President Donald Trump's boycott of the summit, citing baseless claims that South Africa is pursuing racist policies against its white minority, the declaration was adopted with a strong focus on climate change.
The document acknowledges the devastating impact of climate change on developing countries, which often bear the brunt of rising temperatures and extreme weather events. It calls for increased efforts to address this crisis, in line with the G20's commitment to inclusive growth and poverty reduction.
The summit also addressed debt issues, recognizing that high levels of debt can exacerbate poverty and inequality. The declaration vows to strengthen debt treatment frameworks in a predictable, timely, orderly, and coordinated manner.
French President Emmanuel Macron expressed regret over Trump's absence but emphasized the need for all member states to engage and work together to address the numerous challenges facing the world. The G20 bloc, comprising 21 members representing about 85% of the global economy, operates on consensus rather than binding resolutions, which can make progress challenging.
The adoption of this declaration marks a significant shift in the G20's agenda, as it prioritizes the needs of developing countries and acknowledges the disproportionate impact of climate change.