Rio G20 Summit Wraps Up: Focus on Hunger, Climate Finance, and Ukraine/Gaza Conflicts

Video Transcript

• Rio G20 Summit Wraps Up: Focus on Hunger, Climate Finance, and Ukraine/Gaza conflicts

  This transcript has been lightly edited for clarity.

  The G20 summit in Rio marked a diplomatic achievement for Brazil, especially when compared to previous summits in India and Indonesia, where the insistence in condemning Russia over the Ukraine war hindered key discussions and limited the summit's impact and consensus. Overall, I would highlight four key takeaways, of the summit. 

  One is the approval of the joint, communique. Despite, despite the attempts of a some G7 countries led, by the United States and France to reopen and modify some pre agreed statement issues, Brazil held its ground. 

  Second, I would highlight the launch of the Global Alliance Against Poverty and Hunger, which is a key priority for President Lula. Thie initiatives is a highlight of the summit. It engaged 80 to 82 countries who are signing on and pledging to investments. The Brazilian diplomacy was instrumental in persuading again the Argentinian president Javier Milei  to join the alliance preventing, Argentina from being isolated.

  I think a third takeaway important to mention is the final statement, have firm language in its seventh point, highlighting, the condemnation of the use of force against any state's territorial integrity and attacks on civilians and infrastructure. The  statement does not make any direct reference to Netanyahu or Putin, but the message is clear in that case. 

  The fourth takeaway I would also highlight is the momentum for clean energy transition. The summit's final communique emphasized the urgent need for a global shift to clean energy, which I believe gives a boost to some stalled COP29 negotiations that are going on on financing and energy transitions in developing countries. moving forward with, with South Africa presidency, you have an important, an opportunity to have a troika with three important developing countries India, Brazil, and then South Africa, where you you can see the emerging powers really take the leadership on a number of issues, such as fighting hunger, such as the transition to clean energy. And with South Africa, you have also the discussions around AI regulation, digital transformation that may gain traction, especially after the leadership of India and Brazil.