WATCH | Protocol breach at G20: Pretoria prepares to transfer presidency to US official next week
Video Summary
The article discusses the adoption of a leaders' declaration at the G20 summit during South Africa's historic presidency, the first ever held on African soil. This declaration underscores multilateralism and aims to bridge the global north and south divide. It includes progressive resolutions on climate change financing and a framework for adding value to critical minerals at their source, which will particularly benefit the global south and Africa, home to 30% of the minerals essential for AI, new technologies, and greener economies. The declaration is anchored on four key priorities: strengthening disaster resilience and response, ensuring debt sustainability for low-income countries, mobilizing finance for a just energy transition, and enhancing critical minerals for inclusive growth and sustainable development. Participating countries focused on the G20 agenda to address global challenges. The voluntary absence of the US is noted, with South Africa affirming their welcome and proposing a handover at an appropriate official level, maintaining inclusivity as G20 members.