South Africa hosted the G20 talks, which ended without reaching consensus due to the absence of key officials from major economies. Despite this, the chair’s summary reaffirmed commitments against protectionism. President Ramaphosa emphasized the urgency of cooperation amidst rising geopolitical tensions, while the Clean Air Fund expressed concerns about the future of climate action.
South Africa has expressed disappointment over the recent Group of 20 (G20) discussions on global economic matters, which concluded without a consensus. The meeting, held in Cape Town, was marked by the absence of key officials from several countries, hindering substantive dialogue on pressing issues such as climate finance. Despite these challenges, the chair’s summary highlighted a collective commitment to combat protectionism and uphold a fair multilateral trading system, despite previous U.S. objections to similar language.
In summary, South Africa’s G20 presidency is navigating a complex landscape characterized by geopolitical tensions and divergent national priorities. The lack of participation from major economies has complicated discussions surrounding climate finance and multilateral cooperation. The nation continues to advocate for support towards low-carbon transitions while emphasizing the critical link between climate change, health, and economic stability, particularly for developing countries.
Original Source: www.rfi.fr