Prime Minister Narendra Modi officially turned the G20 chairmanship on to Brazilian President Luiz Inacio Lula da Silva today. Lula commended India for speaking out on issues that concern emerging economies.
Ten things you should know about this significant G20 event are as follows:-
“In the ‘One Earth, One Family‘ seminars yesterday, we had in-depth talks. In his concluding remarks today, PM Modi stated, “I am pleased that the G20 now evolved into a forum for positive initiatives towards the goal of One Earth, One Family, One Future.
Lula da Silva welcomed PM Modi and listed the G20’s top goals as social inclusion, the battle against hunger, the transition to clean energy, and sustainable development. He said that in order 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 nations represented at the World Bank and the IMF.
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 other governments to refrain from using force to seize territory. The proclamation deemed “nothing to be proud of” by the Ukrainian foreign ministry, who also noted that having a Ukrainian representative present would have helped participants comprehend the circumstances.
The EU also stated that they would speed up efforts to phase down coal power in accordance with 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.
The delegates visited and paid respects to Mahatma Gandhi at his tomb, Rajghat, in Delhi before today’s proceedings. Today at 2:00 p.m., following the end of all scheduled consultations, Foreign Minister S. Jaishankar and G20 Sherpa Amitabh Kant will speak to the media.
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