The G20 Rio de Janeiro Declaration aimed at addressing major global challenges and crises and promotes strong, sustainable, and inclusive growth.
- The theme of G20 Summit 2024 was ‘Building a Just World and a Sustainable Planet'.
Key Highlights of Declaration
The Summit focused on 3 priorities:
- Social inclusion & fight against hunger and poverty:
- Global Alliance against Hunger and Poverty: Launched to eradicate poverty and hunger. (Refer Box)
- Global Coalition for Local and Regional Production, Innovation and Equitable Access: Launched to promote access to vaccines, diagnostics, and other health technologies for neglected diseases and vulnerable persons.
- Sustainable development, energy transitions & climate action:
- It welcomed the establishment of Task Force on a Global Mobilization against Climate Change
- Established to identify & address structural barriers to foster private capital flows for climate action, particularly for developing countries.
- It welcomed the establishment of Task Force on a Global Mobilization against Climate Change
- Reform of Global Governance Institutions:
- Pledged to reform UN Security Council aligning with realities & demands of 21st century, which is more inclusive, effective, democratic, accountable etc.
- Endorsed G20 Roadmap towards Better, Bigger, and More Effective Multilateral Development Banks (MDBs).
Global Alliance against Hunger and Poverty
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