On 30-31 October Rome hosted the G20 Summit, the first held in Italy. At the end of two days of working sessions and side events, the G20 Leaders adopted the Rome Declaration. The document is the final outcome of an intense year of negotiations and events organized in the framework of the Italian G20 Presidency. It was the 16th meeting of the G20 group.
Moto – People, Planet, and Prosperity
Agenda – climate change, economic recovery, the pandemic, and the global minimum corporate tax rate.
The summit concluded with the adoption of the Rome Declaration by G20 Leaders.
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.
- to end international financing for all new coal plants by the end of 2021,
- take action to limit global warming at 1.5 degrees Celsius above pre-industrial levels.
- strengthen the WHO on Emergency Use Authorisation (EUA) for Covid-19 vaccines.
Prime Minister of India Shri Narendra Modi led the Indian delegation at the Summit. The Commerce Minister Piyush Goyal was India’s G20 sherpa or personal representative of the head of government.