The G20, which brings together the world’s leading economic powers, must be at the forefront of global efforts for peace, climate action, fairer international financial institutions and equitable access to emerging technologies , declared the UN Secretary-General in Rio de Janeiro on Sunday.
“I came to Rio with a simple message: G20 leaders must lead,” he said. “G20 countries – by definition – have enormous economic influence. They have enormous diplomatic power. They must use it to tackle major global problems.”
Mr. Guterres arrived in Rio after attending the UN COP29 climate conference taking place in Baku, Azerbaijan.
A race against challenges
Furthermore, the Sustainable Development Goals (SDGs) are overdue, new technologies offer unprecedented potential for both good and evil, and “our failure to address these and other challenges is eroding consumer confidence.” people in governments and institutions.”
He recalled that in September, UN Member States adopted the Future Compact to help strengthen multilateralism and advance the SDGs.
“We must mobilize for peace”
“Peace everywhere requires actions based on the values of the United Nations Charter, the rule of law and the principles of sovereignty, political independence and territorial integrity of States,” he said.
An “unfair” international financial system
They do not receive adequate support from the current international financial architecture, which he called “outdated, inefficient and unfair.”
He said the Future Compact calls for ambitious reforms to make the system more representative of today’s global economy and the needs of developing and vulnerable countries.
“This includes expanding the voice and representation of developing countries in international financial institutions,” he added.
In addition, the Compact provides for other measures such as substantially increasing the lending capacity of multilateral development banks, promoting more inclusive tax cooperation and exploring all innovative forms of financing.
“The international community expects the G20 to make these agreements a reality,” he said.
Concerns about COP29
This is crucial to building trust between developed and developing countries and encouraging the preparation of ambitious national climate plans next year, he explained.
“I will appeal to the sense of responsibility of all G20 countries. Now is the time for the world’s largest economies and largest emitters of greenhouse gases to lead by example. Failure is not an option,” he said.
Mr Guterres insisted that a positive outcome is still within reach, but will require leadership and compromise from the G20.
The pressure is building
G20 countries are responsible for 80% of global emissions and “must adopt national climate plans that follow the guidance they agreed to last year,” he said.
The Secretary-General also outlined other measures needed, including for developed countries to meet their commitment to double adaptation financing. He also stressed the need to combat misinformation around climate change “ranging from outright denial to greenwashing to harassment of climate scientists.”
In this regard, the UN is launching the Global Initiative for Climate Change Information Integrity in collaboration with Brazil and the UN agency for education and science, UNESCO.
Equitable access to technology
It includes the first universal agreement on artificial intelligence (AI) governance “that brings all countries to the table,” he said.
The Compact further calls for the creation of an independent international scientific panel on AI, a global dialogue on its governance within the UN, and innovative voluntary financing so that developing countries can build their capacities in terms of AI.
“Seize every opportunity”
The Secretary-General noted that while the world faces many challenges, many possible solutions also exist and that “the G20 must lead by example.”
This is fundamental to restoring trust, credibility and legitimacy to every government and our global system in current troubled times, he said.
“We must seize every opportunity to take transformative action for a safer, more peaceful and more sustainable world,” he concluded.
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