Metropolis Desk-
Prime Minister Narendra Modi officially turned the G20 presidency over to Brazilian President Luiz Inacio Lula da Silva today. Lula hailed India for speaking out on issues that concern emerging economies.
Here are 10 points about this big story:
1. “In the ‘One Earth, One Family’ seminars yesterday, we had in-depth discussions. In his concluding remarks today, PM Modi stated, “I am pleased that the G20 has today evolved into a platform for positive initiatives regarding the vision of One Earth, One Family, One Future.”
2. Lula da Silva welcomed PM Modi and listed the G20’s top priorities as social inclusion, the battle against hunger, the transition to clean energy, and sustainable development. He claimed that for the UN Security Council to restore political clout, it needed to include more developing nations as permanent and non-permanent members. He remarked, “We want more emerging countries represented at the World Bank and the IMF.”
3. The Global Biofuel Alliance’s founding, the inauguration of new communication networks connecting the US, India, Saudi Arabia, and Gulf states, and a plea to address the “global trust deficit” were the summit’s main takeaways.
4. The Delhi Declaration, which urged governments to protect territorial integrity and international humanitarian law to preserve peace and stability, was unanimously endorsed by the G20 members.
5. “We call on all states to uphold the principles of international law, including territorial integrity and sovereignty, international humanitarian law, and the multilateral system that safeguards peace and stability,” the declaration read.
6. The leaders of China and Russia, whose representatives did not attend the Summit, supported the Delhi statement as well. The proclamation, however, avoided criticizing Russia for the conflict in Ukraine while urging all states to refrain from using force to seize territory. The declaration was deemed “nothing to be proud of” by the Ukrainian foreign ministry, which also noted that having a Ukrainian representative present would have helped participants comprehend the circumstances.
7. The EU also stated that they would speed up efforts to phase down coal power by national conditions and strive to treble global renewable energy capacity by 2030, but they did not make any commitments about the phase-out of all polluting fossil fuels, including oil and gas.
8. However, the group, which accounts for 80% of emissions and 85% of global GDP, said it will keep its Pittsburgh promise from 2009 to end and rationalize ineffective fossil fuel subsidies.
9. With the addition of the African Union as a new permanent member of the G20, a new global order was ushered in, and developing countries were given more influence over international policy.
10. The delegates visited and paid respects to Mahatma Gandhi at his tomb, Rajghat, in Delhi before today’s proceedings. Today at 2:00 PM, following the conclusion of all scheduled sessions, Foreign Minister S. Jaishankar and G20 Sherpa Amitabh Kant will speak to the media.
Source- NDTV
