At a moment when the global economy is suffering from the overlapping shocks of the climate crisis, fragility, and conflict, this year’s Summit proved that the G20 can still drive solutions to our most pressing issues. pic.twitter.com/R2jq0TdavR
— President Biden (@POTUS) September 10, 2023
Brief by Shorts91 Newsdesk / 03:28am on 10 Sep 2023,Sunday G20 2023
The G20 New Delhi Declaration adopted unanimously on Day 1 avoided condemning Russia but urged states to respect UN principles and refrain from territorial seizures. It sought immediate delivery of grains and fertilizers to developing nations and flagged concerns about food, and energy volatility. While committing to a coal phase-down per national circumstances, the G20 pledged to triple renewable energy by 2030. The declaration also called for reforms of international institutions, managing debt in poorer nations, and sharing crypto tax information by 2027. It reiterated calibrated policies to curb inflation and maintain stability. The African Union was welcomed as a new member, diversifying G20 voices.
