Global (Commonwealth) _ The G20 summit, which is presently taking place in Rio de Janeiro, Brazil, has decided on a worldwide coalition to end poverty and combat hunger.
At the first session of the Group of 20’s (G20) 19th Heads of State and Government Summit in Brazil on Monday, the leaders made the decision.
The alliance, which was formed by member nations, gives a Task Force the authority to carry out realistic initiatives between 2025 and 2030 to hasten the eradication of hunger and the decrease of poverty.
More than 80 nations, together with dozens of government and civil society organizations, have already endorsed the alliance since its pre-launch in July, according to Brazilian President Luiz Lula da Silva.
According to him, the global alliance’s objective was to pool resources and expertise for the use of social technologies and public policies that have been successful in lowering poverty and hunger worldwide.
During the first half of Brazil’s G20 presidency, Lula da Silva claims to have held talks with G20 nations and other important partners to introduce the operation, its pillars, and the broad lines of governance. “It goes beyond simply doing justice. This is a prerequisite for creating richer communities and a more peaceful planet.
“Brazil plans to reestablish itself as a global leader on the matter, highlighting the country’s achievements with the Zero Hunger and Bolsa Família initiatives, both of which were started by Lula during his first term as president from 2003 until 2010.
“One of the Sustainable Development Goals set by the United Nations for 2030 is ending hunger,” the president stated. He clarified that UN agencies, such as the World Food Programme (WFP) and the Food and Agriculture Organization (FAO), also handled these concerns.
However, he claimed that Brazil was able to persuade its peers that in order to speed up investments, a new strategy was required. According to Da Silva, “hunger and poverty are not the result of scarcity but a biological expression of social ills,” quoting Brazilian physician and nutritionist Josué de Castro (1908-1973).
He emphasized that while the globe spends 2.4 trillion dollars on military spending, it produces about 6 billion tons of food annually. According to Lula da Silva, national development banks and foreign financial organizations have also joined the effort.
The Inter-American Development Bank has made one of the largest pledges thus far, stating that it will ask its boards for permission to distribute $25 billion toward loans in Latin America and the Caribbean.
He asserts that the alliance will operate independently of the G20’s rotating presidencies, with leadership coming from Rome within the FAO and from Brasilia within the Brazilian Cooperation Agency.
The world is worse now than it was in 2008, when the G20 took the lead in addressing the global economic crisis, claims Da Silva. He brought up social inequality, the number of armed conflicts worldwide, the climate disaster, and the FAO’s estimate that 733 million people worldwide are hungry.
In recent years, things have gotten worse. “The international agenda will be centered on those who have always been invisible.” The president extended an invitation to non-G20 nations to join the alliance.
The European Union (EU), the African Union (AU), and 19 independent nations make up the Group of 20, or G20, an intergovernmental conference. Through yearly gatherings of heads of state and government, it attempts to address important global economic concerns such as international financial stability, climate change mitigation, and sustainable development.
About 85% of the global gross world product (GWP), 75% of international trade, 56% of the world’s population, and 60% of the world’s land area are in the sovereign states of the G20 (excluding its international members, such as the EU or AU). The G20, which includes the EU and AU, accounts for 78.9% of the world’s population and 83.9% of its fossil fuel-derived CO2 emissions.
Many global economic crises led to the establishment of the G20 in 1999. It has met at least once a year since 2008, with summits that include the finance minister, foreign minister, head of state, or government of each member and other top officials; the European Commission and European Central Bank represent the EU.
