Saturday, December 5

The G20 advocates an inclusive and sustainable economic recovery at its most austere summit


The G20 leaders’ summit takes place this weekend quite uniquely. There will be no joint statements or special closed-door meetings, not even the memorable family photo. Everything will happen virtually due to the pandemic.

On this occasion, the members of the G20 seek to unify their alliances for an inclusive and sustainable economic recovery in the face of the global crisis.

Antonio Guterres, Secretary General of the United Nations (UN) called for “solidarity” to the members of the G20, made up of industrialized and emerging nations: “we need concrete actions now, especially for the most vulnerable”.

Guterres announced that he will demand more contributions from the G20 leaders for the COVAX platform, through which middle and high-income countries can finance the poorest to also receive vaccines against COVID-19.

This instrument, he said, still needs some 23.6 billion euros more in financing, 3.542 billion euros before the end of the year.

The European Union also anticipated that it will propose to the G20 a greater effort to ensure that poor countries also have access to vaccines and treatments against covid.

“The goal is to buy 2 billion doses by the end of 2021 for low- and middle-income countries,” said Ursula Von der Leyen.

The other instrument that the G20 has used to help the least developed countries since the pandemic broke out is the suspension of debt, a measure extended for now until June 2021. However, Guterres asked to extend the moratorium until the end of next year .

Sustainable steps towards recovery

Regarding sustainability, Von der Leyen assured that the fight against climate change continues to be at the top of the G20 agenda.

“Last year at the G20, the United States broke the consensus over its opposition to the Paris Agreement. This year, I am happy to see that the United States supports the resolutions. At the summit, I will once again urge the G20 partners to to commit to the full and effective implementation of the Paris Agreement. We have made progress. “

“We must advance on two fronts: first, to recover in a way that is inclusive (…), second, to recover in a way that is sustainable, that is, that everyone redouble action against climate change,” declared the UN Secretary General .

A controversial scenario for the G20

The coronavirus has taken away from Prince Mohamed bin Salmán the opportunity to dazzle the international media as Saudi Arabia is the host of this edition.

Nor will it be known whether any country would have decided not to participate in the face of the accusations of Western intelligence organizations that accuse the heir of Riyadh of being responsible for the murder of journalist Jamal Khashoggi and the arrest of women activists.

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