Finance Ministers and Central Bank Governors (FMCBG) of the G20 countries Friday agreed on the need to allocate US $ 60 billion to COVID-19 recovery efforts in the world's poorest countries, it was announced.
The Brazilian media has protested vehemently following the attacks by Jair Bolsonaro's bodyguards against special envoys and correspondents covering the president's trip to Rome for the G20 summit.
Brazil for the first time will host the annual meeting of the heads and prime ministers of the Group of Twenty, the group of the 20 largest economies on the planet, in 2024. The announcement was made during the release of the final document of the group’s meeting, which ended on Sunday in Rome.
While the world gathers in Glasgow over the next fortnight to make progress on tackling climate change, 10,000 miles away the city’s namesake will provide a stark reminder of why urgent action is needed.
Prince Charles of Wales has warned world leaders gathered at the G20 summit in Rome that they were having an “overwhelming responsibility to generations yet unborn” regarding climate issues, ahead of the COP 26 summit in Glasgow.
Argentine President Alberto Fernández, who is already in Glasgow for the United Nations Conference on Climate Change (COP26) after two days in Rome for the G20 Summit, is to propose a new goal of reducing emissions.
French President Emmanuel Macron called Australian Prime Minister Scott Morrison “a liar” as tensions between the two countries escalated despite diplomatic protocols in force while both leaders gathered at Rome for the G20 Summit.
Leaders of the G20 have issued their final statement Sunday at the end of a two-day summit, in which they pledged to increase efforts to reach the goal of limiting global warming to 1.5 degrees Celsius, a goal which is in line with a global commitment made in 2015 through the Paris Climate Accord.
Brazilian Vice President Hamilton Mourao said that if President Jair Bolsonaro was to attend the COP 26 climate change summit in Glasgow he would be greeted with stones.
Argentina President Alberto Fernández landed Friday in Rome for the G20 Summit. But while at the Italian capital he will also have other engagements, such as a meeting with International Monetary Fund chief executive Kristalina Georgieva to further discuss repayment of the country's US $ 44 billion debt.