Table of contents:
- About G20 Summit
- Comment on the main theme of the G-20 Summit held in 2021 (Rome). ( UPPSC 2021)
About G20 Summit:
The G 20 is comprised of 19 countries and the European Union. The names of 19 countries are :
- Australia
- Argentina, Brazil [ from the South America continent]
- Canada, the USA, and Mexico [ from the North American continent]
- Germany, France, Italy, and the UK [ from the European continent]
- China, India, Indonesia, Japan, the Russian Federation, Saudi Arabia, South Korea, and Turkey [ from the Asia continent]
- South Africa [ from Africa continent]
The G 20 Summit is an annual gathering of leaders from the world's major economies, representing about 80% of the global GDP and two-thirds of the world's population. The summit typically addresses a range of pressing global issues, including economic growth, international trade, climate change, and sustainable development.
Question.
Comment on the main theme of the G-20 Summit held in 2021 (Rome).
(UPPSC Mains General Studies-II/GS-2 2021)
Answer.
The G-20 Summit of 2021 was held in October 2021 in Rome under Italy's presidency. The main theme of the G-20 Summit held in 2021 (Rome) was based on three pillars of action: People, Planet, and Prosperity.
The following are some outcomes of the theme of the G-20 Summit held in 2021 (Rome):
Climate Change:
Members of G-20 countries agreed to implement the Paris Agreement on limiting global warming to 1.5 degrees Celsius above the pre-industrial level.
Taxation:
Members of G-20 countries agreed to build a more stable and fairer international tax system by keeping a minimum of 15 % Corporate tax.
Vaccine:
Leaders of G-20 agreed to support the World Health Organization ( WHO)'s goal of vaccinating at least 40 % of the world population against Covid-19.
Global Economy:
Leaders of the G-20 agreed to check rising inflation, spiking energy crises, and supply chain bottlenecks.
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