www.universalcurrentaffairs.com

G20 Summit ended with the adoption of Rome Declaration.

The 2021 G20 (Group of Twenty) Summit was held in Rome, Italy on October 30 and 31, 2021. It was the 16th meeting of the G20 group. The meeting was held under the chairmanship of Italian Prime Minister Mario Draghi. The summit concluded with the adoption of the Rome Declaration by G20 Leaders.

Summit Moto:    People, Planet, and Prosperity.

Summit Attentions: climate change, economic recovery, the pandemic and the global minimum corporate tax rate.

The final document committed the G20 member’s nation leaders to the following:

  • Providing $100 billion every year from now until 2025 to counter climate change.
  • Suspending international financing for all new coal plants by the end of 2021,
  • Launching action to limit global warming at 1.5 degrees Celsius above pre-industrial levels.
  • Strengthening the WHO on Emergency Use Authorisation (EUA) for Covid-19 vaccines.
Source: www.g20.org

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