play_arrow

keyboard_arrow_right

skip_previous play_arrow skip_next
00:00 00:00
playlist_play chevron_left
chevron_left
  • play_arrow

    Smart Investor Radio PLAYING NOW

News

India G20 presidency: Modi urges unity on climate change, terrorism, pandemics

todayDecember 1, 2022

Background
share close



The world must cooperate to tackle the greatest challenges of climate change, terrorism, and pandemics, Prime Minister Narendra Modi said Thursday as India began its year-long presidency of the Group of 20.

The Ukraine conflict, which started with a Russian invasion in February, dominated a two-day G20 summit in Indonesia last month, to the frustration of some members that wanted more attention on global economic woes.

“Today, we do not need to fight for our survival – our era need not be one of war. Indeed, it must not be one,” Modi said in a declaration published in Indian newspapers to mark the start of the G20 presidency.

“Today, the greatest challenges we face – climate change, terrorism, and pandemics – can be solved not by fighting each other, but only by acting together.”

His comment on war echoed a remark he made to Russian President Vladimir Putin at a regional conference in September, when he told him now was not a time for war, widely interpreted as a mild rebuke of what Russia calls its “special military operation” in Ukraine.

Modi, in the Thursday declaration, said India would aim to depoliticize the global supply of food, fertilizers and medical products, so that geopolitical tensions do not lead to global disruptions.

“As in our own families, those whose needs are the greatest must always be our first concern,” Modi said.

G20 members agreed at last month’s summit, on the Indonesian island of Bali, to pursue efforts to limit the rise in global temperatures to 1.5 Celsius, including speeding up efforts to phase down unabated use of coal.

India, the world’s second-biggest consumer of coal, said it would prioritize a phased transition to cleaner fuels and the slashing of household consumption to achieve net zero emissions by 2070 to meet its decarbonization pledge.

“Our G20 priorities will be shaped in consultation with not just our G20 partners, but also our fellow travellers in the global South, whose voice often goes unheard,” Modi said.

“We will encourage an honest conversation among the most powerful countries – on mitigating risks posed by weapons of mass destruction and enhancing global security.”



Source link

Written by: smartinvestorradio

Rate it

Previous post

Featured

Citigroup in talks to recoup errant $500 million Revlon loan payment

By Jonathan StempelNEW YORK (Reuters) -Citigroup Inc is negotiating the return of about $500 million it mistakenly paid a group of hedge funds and investment firms on a loan owed by Revlon Inc, the now-bankrupt cosmetics company controlled by billionaire Ronald Perelman.In a Thursday filing in Manhattan federal court, lawyers for the bank and the lenders said they have been discussing a "consensual resolution" to end Citigroup's August 2020 lawsuit […]

todayDecember 1, 2022


Similar posts

DISCLAIMER

Information presented is for entertainment and general information purposes only. Opinions expressed are those of the presenter only. We make no promises or guarantees of investment performance. None of the information presented here is intended to form the basis for any offer or recommendation or have any regard to investment objectives to the needs of any specific person. Smart Investor Radio is not a broker-dealer, certified financial planner or registered investment adviser.

 

0%