Page 3 - G20 Meet

G20 countries to focus on skill gaps, work and social protection policies

To prepare for the future of work, the leaders of the world's top economies welcomed efforts to map global skill gaps and the development of a G20 policy to address skill gaps globally

G20 LIVE: PM Modi, Prez Murmu join G20 leaders, delegates at grand dinner

G20 Summit: India is hosting the event which is being attended by the leaders from 30 countries and the European Union. Catch all the live updates here

G20 Summit: Global Biofuel Alliance & other initiatives launched by India

Global Biofuel Alliance, G20 Satellite Mission for Environment and Climate Observation, and Green Credit Initiative among initiatives launched under India's G20 Summit presidency

G20 nations have unanimously adopted New Delhi Declaration: Amitabh Kant

G20 has made India ready for the world, and the world ready for India, says External Affairs Minister S Jaishankar

India-Middle East-Europe economic corridor launched at Delhi G20 Summit

Lauding the launch of the India-Middle East-Europe connectivity corridor, Prime Minister Narendra Modi said that a historic agreement was concluded today

President Murmu, PM Modi welcome G20 leaders, delegates at grand dinner

President Droupadi Murmu and Prime Minister Narendra Modi on Saturday welcomed G20 leaders and delegates at a grand dinner hosted for them at Bharat Mandapam, the venue for the Summit, here. They welcomed the guests before the start of the dinner at a dais, with its backdrop depicting the ruins of the Nalanda University in Bihar and India's G20 presidency theme -- 'Vasudhaiva Kutumbakam - One Earth, One Family, One Future'. Nalanda university ruins, a UNESCO world heritage site in Bihar, was one of the oldest universities of the world. President Murmu is hosting the ceremonial dinner for the G20 leaders, international delegates and other dignitaries at the Bharat Mandapam. The newly built international convention and exhibition centre and its verdant lawns dazzled at night with colourful illumination while its gurgling fountains and the 'Nataraja' statue placed on front of the state-of-the-art building created a pretty picture. UN Secretary General Antonio Guterres, International

Trillions needed to meet Paris climate goals: G20 under India's presidency

The G20, under India's presidency, on Saturday said that developing countries will need USD 5.9 trillion in the pre-2030 period to implement their national climate plans effectively, with the aim of holding global warming to well below 2 degrees Celsius, preferably 1.5 degrees Celsius. To achieve net-zero emissions by 2050, developing countries will require approximately USD 4 trillion annually for clean energy technologies by 2030, the bloc said. The G20 also urged developed countries to fulfil their commitment to double their collective adaptation finance provision by 2025, compared to 2019 levels. Comprising nations responsible for 85 per cent of the world's GDP and 80 per cent of emissions, the G20 emphasised the need for increased global investments to align with the goals of the Paris Agreement. They called for a substantial scaling up of investment and climate finance, transitioning from billions to trillions of dollars from all sources. The New Delhi Leaders' Declaration,

Indian G20 presidency has walked the talk on MDBs, inclusion: FM Sitharaman

Expert group report on MDB reforms, IMF-FSB synthesis note on crypto to be taken up in next finance track meeting in Marrakesh

G20 New Delhi Declaration highlights: Peace, prosperity, sustainable growth

Amitabh Kant, India's Sherpa to G20, stated that the declaration focused on strong, sustainable growth, sustainable development goals, green development pacts, and multilateralism

G20 countries reaffirm commitment to zero toleration for corruption

The G20 grouping which met under India's leadership on Saturday in its Delhi Declaration reaffirmed its commitment to zero tolerance for corruption and called for strengthening law enforcement-related international cooperation and information sharing for combating graft. The joint Declaration also called for strengthening asset recovery mechanisms for combating corruption "We reaffirm our commitment to zero tolerance for corruption. We endorse the three G20 High-level principles on: Strengthening law enforcement related international cooperation and information sharing for combating corruption; Strengthening asset recovery mechanisms for combating corruption and promoting integrity and effectiveness of public bodies and authorities responsible for preventing and combating corruption," the Declaration said. The G20 also reaffirmed its support to enhance global efforts to seize, confiscate and return criminal proceeds to victims and states, in line with international obligations and .

G20 leaders decide on swift implementation of crypto reporting framework

The G-20 leaders on Saturday decided on swift implementation of the reporting framework for crypto assets, saying a significant number of member nations want information exchange on such non-financial assets to start by 2027. The Crypto Asset Reporting Framework (CARF) or template is being developed to make sure that such non-financial assets are not used by tax evaders to conceal their unaccounted wealth. "We call for the swift implementation of the CryptoAsset Reporting Framework ("CARF") and amendments to the CRS. We ask the Global Forum on Transparency and Exchange of Information for Tax Purposes to identify an appropriate and coordinated timeline to commence exchanges by relevant jurisdictions," said the G20 Leaders' declaration, which was adopted by consensus. The leaders of 20 developing and developed nations have reaffirmed the commitment to continue cooperation towards a globally fair, sustainable and modern international tax system appropriate to the needs of the 21st ...

G20 can play big role in furthering empowerment of women: PM Modi

Prime Minister Narendra Modi on Saturday highlighted the leveraging of technology by India to bring a positive difference in the lives of citizens. Addressing the G20 Summit, he also spoke on how to collectively think about empowering fellow humans and making the planet more inclusive as well as sustainable. He said on X that at the "One Family" session of the summit, he emphasised on ways to further youth development and focus on skill development. "Also highlighted how to increase the spirit of trust and transparency in areas like global supply chains. India is also committed to furthering holistic health and wellness. The G20 can also play a big role in furthering empowerment of women," he said. The prime minister said that "at the One Family Session of the G20 Summit, elaborated on how to collectively think about empowering fellow humans and making our planet more inclusive as well as sustainable". "Gave the example of how technology has been leveraged to bring a positive ...

G20 to accelerate phasedown of coal power in line with circumstances

G20 countries on Saturday committed to expedite efforts to phase down unabated coal power in line with national circumstances and uphold their 2009 promise made in Pittsburgh to eliminate and rationalise inefficient fossil fuel subsidies. According to the G20 New Delhi Leaders' Declaration, the grouping of major economies acknowledged the importance of hastening the development, deployment, and dissemination of technologies to transition to low-emission energy systems, particularly by rapidly expanding the deployment of clean power generation. "We will increase our efforts to implement the commitment made in 2009 in Pittsburgh to phase-out and rationalise, over the medium term, inefficient fossil fuel subsidies that encourage wasteful consumption and commit to achieve this objective, while providing targeted support for the poorest and the most vulnerable," the G20 Declaration read. It further stated, "We recognise the importance to accelerate the development, deployment and ...

India's G20 presidency prioritised addressing concerns of Global South: EAM

The G20 has contributed to making "India world-ready and the world India-ready", External Affairs Minister S Jaishankar said on Saturday as he underlined that India's presidency of the grouping prioritised addressing urgent concerns of the Global South. Addressing a press briefing on the G20 Summit outcomes, Jaishankar said the African Union became a member of the grouping under India's presidency which was in keeping with the priority that the country attaches to addressing urgent concerns of the Global South. "You would recall that at the beginning of our presidency, at Prime Minister Narendra Modi's initiative, 125 nations were consulted to express voice of the Global South," he said. "In terms of organisation and programme, the Indian presidency, if I may say so, has been exceptional. Events have been spread across 60 cities which are truly across the length and breadth of India. There has been a popular participation and a societal involvement of an extraordinary degree," ...

G20 Declaration powerful call for world prosperity: India's Sherpa Kant

The New Delhi Declaration adopted by the G20 leaders here on Saturday focusses on strong and sustainable growth, accelerating progress on sustainable development goals, green development pact, and reinvigorating multilateralism, India's G20 Sherpa Amitabh Kant said. "Today's era must be marked as the golden age of human-centric globalisation and India's G20 Presidency under the leadership of Prime Minister Narendra Modi has worked tirelessly towards this goal," Kant said in a series of posts on X. Kant said the G20 Declaration was historical and path-breaking with 100 per cent consensus on all developmental and geo-political issues. "The new geopolitical paragraphs are a powerful call for planet, people, peace and prosperity in today's world," he said. He said the clinching of the G20 Declaration had demonstrated Prime Minister Modi's leadership in today's world. "G20 India has been the most ambitious in the history of G20 presidencies. With 112 outcomes and presidency documents,

G20: No restrictions on air travel of governors, CMs in Delhi, says MHA

The Union home ministry on Saturday said no restrictions have been imposed on travel of governors and chief ministers to Delhi or its nearby areas in their state aircraft during the ongoing G20 Summit but those travelling in private chartered flights require prior approval. The home ministry's statement came after Chief Ministers of Chhattisgarh and Rajasthan Bhupesh Baghel and Ashok Gehlot respectively alleged that their travel plans were disrupted due to the "restrictions" imposed on air travel in and around Delhi. "In a news report, Chief Minister (of) Chhattisgarh has expressed his inability to participate in G20 Dinner at Leaders' Summit at Delhi on 9 Sept 2023 due to air restrictions in and around Delhi. "The MHA has clarified to the state that while a high-tech security air cover has been deployed for G20 Leaders' Summit at Delhi on 8-11 September 2023, movement of governors and state chief ministers on their state aircraft are allowed," a home ministry spokesperson ...

Transform global trust deficit into global confidence: Modi to G20 leaders

With the Ukraine conflict casting a shadow over the G20 summit, Prime Minister Narendra Modi on Saturday called upon the leaders of the bloc to overcome the current "trust deficit" and collectively find "concrete" solutions to turbulent global economy, terrorism and management of food, fuel, and fertilisers. In his opening remarks at the summit, Modi said as the president of the G20, India invites the "entire world to come together and, first and foremost, transform this global trust deficit into global trust and confidence". He said India's presidency of the bloc has become a symbol of "inclusion", both within the country and beyond, representing the spirit of 'Sabka Saath' (with everyone). "After COVID-19, a huge crisis of lack of trust has come in the world. Conflict has deepened this trust deficit. Just as we can overcome COVID, we can also overcome this crisis of mutual trust," he said. He added: "This is a time for all of us to walk together, and the mantra of 'Sabka Saath, .

Govt hiding poor people and animals from G20 dignitaries: Rahul Gandhi

The Congress on Saturday accused the government of covering up or demolishing slums and rounding up stray animals in view of the G20 Summit, with its leader Rahul Gandhi saying "there is no need to hide India's reality from our guests." The Congress shared a video on X, formerly Twitter, showing some slum areas being covered with green sheets ahead of the two-day summit, which began here on Saturday and was attended by leaders of the largest economies of the world. "The Government of India is hiding our poor people and animals. There is no need to hide India's reality from our guests," Gandhi, who is currently abroad, said in a post on X. Congress general secretary Jairam Ramesh also attacked the prime minister over the matter. "G20 is intended to be a productive gathering of the major world economies, aimed at dealing with global problems in a cooperative manner. President Putin may have stayed away, but Prince Potemkin has been in full display with slums being either covered up o

G20 first spouses see breakthroughs in India's agriculture sector at IARI

As many as 15 spouses of G20 leaders including Japanese Prime Minister Fumio Kishida's wife, Yoko Kishida, on Saturday visited the 1,200-acre PUSA-Indian Agricultural Research Institute (IARI) campus here -- the seat of India's Green Revolution -- and saw the breakthroughs in Indian agriculture and enjoyed the farm-to-fork millet experience. UK Prime Minister Rishi Sunak's wife Akshata Murty and World Bank President Ajay Banga's wife Ritu Banga were among the delegation of first ladies and spouses of G20 leaders who visited the IARI campus here in the national capital. They were received by Kyoko Jaishankar, the wife of India's External Affairs Minister S Jaishankar. They were welcomed by a grand "millets-rangoli" at the exhibition that showcased the curated millets from 18-odd countries, and the burgeoning startup ecosystem and Farmer Producer Organisations (FPOs) in India. "At the exhibition area, 15 #Agristartups showcased innovative tech solutions to address ground-level ...

G20 leaders call for sustainable growth, addressing climate challenge

As the world's top leaders assembled here for the G20 Summit, they called for an urgent need to tackle various challenges before the globe including on the climate front. UK Prime Minister Rishi Sunak said the G20 leaders came together for the first time 15 years ago to restore global growth after the financial crisis. "We (now) meet at a time of enormous challenges - the world is looking to the G20 once again to provide leadership. Together I believe we can address these challenges," he said. Brazilian President Luiz Incio Lula da Silva said during his country's G20 presidency, it will launch a Task Force for Global Mobilisation against Climate Change. "We want to reach COP 30, in 2025, with a climate agenda balanced between mitigation, adaptation, loss and damage and financing, ensuring the sustainability of the planet and the dignity of people," he said. He said Brazil hopes to count on everyone's engagement so that the beauty of the Earth is not just a "photograph seen from ..