G20 Summit 2023 News LIVE: Prime Minister Modi calls for global effort on climate change, green finance at G20 Summit

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06:28 PM

G20 Summit 2023 News Live: Italian PM Meloni, China’s Li Qiang discuss closer ties at G20 summit

Italian Prime Minister Giorgia Meloni met with China’s Premier Li Qiang and discussed deepening ties between the two countries on the sidelines of the G20 summit in New Delhi on Saturday.

During the meeting, the two premiers discussed the common intention to strengthen and deepen the dialogue between Rome and Beijing on key bilateral and international issues, Meloni’s office said in a statement.

Italy is seeking ways to resolve a difficult diplomatic call on whether to withdraw from China’s Belt and Road Initiative (BRI), a global trade and infrastructure plan modelled on the old Silk Road that linked imperial China and the West.

Beijing is willing to work with Italy to boost mutual trade and investment, but Italian Foreign Minister Antonio Tajani, who visited China earlier this week, reiterated on Thursday that a strategic partnership would be more valuable than the BRI.

06:10 PM

G20 Summit 2023 News Live: G20 commits to accelerate phasedown of coal power in line with national circumstances

G20 countries on Saturday committed to expedite efforts to phase down unabated coal power in line with national circumstances and uphold their 2009 promise made in Pittsburgh to eliminate and rationalise inefficient fossil fuel subsidies.

According to the G20 New Delhi Leaders’ Declaration, the grouping of major economies acknowledged the importance of hastening the development, deployment, and dissemination of technologies to transition to low-emission energy systems, particularly by rapidly expanding the deployment of clean power generation.

“We will increase our efforts to implement the commitment made in 2009 in Pittsburgh to phase-out and rationalise, over the medium term, inefficient fossil fuel subsidies that encourage wasteful consumption and commit to achieve this objective, while providing targeted support for the poorest and the most vulnerable,” the G20 Declaration read.

06:01 PM

G20 Summit 2023 News LIVE: European Commission President says Mega Rail link will make trade between India and Europe 40% faster

05:58 PM

G20 Summit 2023 News LIVE: Netherlands Prime Minister Mark Rutte on G20 Summit

On New Delhi G-20 Leaders’ Summit Declaration Netherlands Prime Minister Mark Rutte said, “I think it is very good that we came to a final conclusion.”

On the Russia-Ukraine war, he said, “I think the texts are manageable and acceptable for everybody.”

05:56 PM

G20 Summit 2023 News LIVE: US President Joe Biden on G20 Summit

  • Joe Biden expresses gratitude to PM Modi for hosting the G20 Summit with the theme “One Earth, One Family, One Future.”
  • Focuses on building sustainable, resilient infrastructure and making quality infrastructure investments.
  • Highlights the commitment made by nations the previous year to this vision.
  • Emphasises the importance of economic corridors in addressing infrastructure gaps in low- and middle-income countries.
  • Announces the United States’ collaboration with partners to invest in economic corridors for maximum impact.

05:54 PM

G20 Summit 2023 News LIVE: White House National Security adviser Sullivan: Leader’s Declaration says U.S. will now formally be host for G20 in 2026

05:52 PM

G20 Summit 2023 News LIVE: US President Joe Biden addresses the Partnership for Global Infrastructure Investment (PGII) and India-Middle East-Europe Economic Corridor programme at Bharat Mandapam

05:52 PM

G20 Summit 2023 News LIVE: India announces Mega Rail, Port Connectivity Deal with US, UAE And Saudi Arabia At G20 Summit

In the coming time, India will be a medium for economic integration between West Asia and Europe

– PM Modi while addressing the PGII and India-Middle East-Europe Economic Corridor programme

05:48 PM

Delhi G20 Summit 2023 LIVE: India-Middle East-Europe connectivity corridor to be launched soon: PTI quoting sources

05:48 PM

Delhi G20 Summit 2023 LIVE: PM Modi attends Partnership for Global Infrastructure Investment (PGII) and India-Middle East-Europe Economic Corridor programme

05:37 PM

Delhi G20 Summit 2023 LIVE: PM Narendra Modi launches ‘Global Biofuels Alliance’

05:35 PM

Delhi G20 Summit 2023 LIVE: G20 New Delhi Declaration Focus

  1. Strong, sustainable, balanced, and inclusive growth
  2. Accelerating Progress on Sustainable Development Goals (SDGS)
  3. Green Development Pact for a Sustainable Future
  4. Multilateral Institutions for the 21st Century
  5. technological transformation and digital public infrastructure
  6. InternationalTaxation
  7. Gender equality and empowering all women and girls
  8. Financial sectorissues
  9. Countering terrorism and money laundering
  10. Creating a more inclusive world

05:32 PM

Delhi G20 Summit 2023 LIVE: G20 New Delhi Leaders’ Declaration Highlights

  • Prime Minister Narendra Modi has announced that the leaders of the bloc have reached a consensus to adopt the ‘Delhi Declaration’.
  • A 100 percent consensus has been achieved on all developmental and geo-political issues.
  • India’s G20 Presidency, under the leadership of PM Modi, has worked tirelessly towards this goal.
  • The message of India’s G20 presidency is that we are one earth, one family, and we share one future.
  • The new geopolitical paras are a powerful call for planet, people, peace, and prosperity in today’s world.
  • The use or threat of use of nuclear weapons is inadmissible’: G20 leaders’ declaration on the Ukraine war
  • The G20 India presidency has been the ‘most ambitious’ in the history of the G20 presidencies. With 112 outcomes and presidency documents, it has more than tripled the substantive work from previous presidencies.
  • The G20 under India’s presidency has achieved 73 outcomes or lines of effort and 39 annexed presidency documents, totaling 112. This is the highest number of outcomes and presidential documents in G20 history and is substantially more than previous presidents.
  • With the adoption of the Delhi Declaration, “today’s era must be marked as the golden age of human-centric globalisation”.

05:27 PM

Delhi G20 Summit 2023 LIVE: EAM says China was supportive of various outcomes

05:22 PM

FM on crypto: G20 members will go through the synthesis paper

Both pricing and non-pricing tools are going to be available for countries to adopt. It’s not going to be just ‘price it if it’s carbon-intensive’ and forget the others. Non-pricing solutions are also going to be a lot more friendlier option to countries with different carbon level

– FM Sitharaman

Considerable time was spent, especially in the last few days in regard to geo-political issues which really centred around the war in Ukraine. The question who helped? I mean, eventually, everybody helped because everybody came together for the consensus. I think the emerging markets took a particular lead on this, and many of us have a strong history of working together. Bear in mind that actually, you have four developing countries in succession as G 20 presidency Indonesia, India, Brazil and South Africa but I would say rather than who helped? The point to be recognized is that a common landing point was ultimately fashioned out

– EAM during G20 press conference

05:12 PM

FM during G20 press conference: Country-specific solutions on climate will now be possible

05:11 PM

Delhi G20 Summit 2023 LIVE: FM says food grain inflation to ease soon

India’s Finance Minister mentioned that food grain inflation is expected to cool off in the near future. She attributed India’s inflation fluctuations to the unpredictability of the monsoon season.

05:09 PM

Delhi G20 Summit 2023 LIVE: EAM on foreign policy goal

“We are clear that ‘no one left behind’ is as much a foreign policy goal as it is a domestic one. Indeed, it should be a global one,” said EAM.

05:07 PM

Delhi G20 Summit 2023 LIVE: EAM on Ukraine crisis

“In particular, the leaders dwelt on the ongoing war in Ukraine and the impact it has had, especially on developing and least developed nations that are still recovering from the pandemic and economic disruptions. The 3 Fs—food, fuel, and fertiliser—were issues of special concern,” said EAM.

05:06 PM

Delhi G20 Summit 2023 LIVE: EAM on terrorism

“Another subject that was addressed by them was countering terrorism and money laundering. The leaders condemned terrorism in all its forms and manifestations and recognised that it constitutes one of the most serious threats to international peace and security,” EAM said.

05:05 PM

Delhi G20 Summit 2023 LIVE: G20 recognises geopolitical impact on global economy, says EAM Jaishankar

“While noting that the G20 isn’t the platform to resolve geopolitical and security issues, the leaders recognised that these can have significant consequences for the global economy,” said EAM Jaishankar.

05:01 PM

G20 Summit 2023 LIVE: Nirmala Sitharaman on key achievements of the Indian Presidency in the finance track on Multilateral Development Banks (MDB)

“First one is the outcomes which are focused on strengthening the MDBs to address shared global challenges if the 21st century… There are 4 key highlights… First, agreement on the need for better, bigger and more effective MDBs. It is necessary to have better bigger and more effective MDBs because the developmental demands from all across the globe are high, so these institutions will have to be better and bigger. This is also going to contribute to enhancing the representation and voice of developing countries in decision-making,” said FM.

04:59 PM

G20 Summit 2023 LIVE: G20 Declaration without any footnote or chair’s summary, demonstrates India’s ability to bring everybody to same table, says Amitabh Kant

04:58 PM

G20 Summit 2023 LIVE: PM Modi’s bilateral meeting with Japan’s Kishida

Prime Ministers Narendra Modi and Fumio Kishida met on the sidelines of the G20 Summit in New Delhi. The leaders reaffirmed their commitment to further bolster India-Japan cooperation in key sectors like connectivity and commerce. They also agreed to boost people-to-people linkages, PMO said.

04:55 PM

G20 Summit 2023 Press Conference LIVE: G20 Sherpa Amitabh Kant highlights gains in women-led development and India’s diplomatic influence

Amitabh Kant, the G20 Sherpa, emphasised one of the most significant achievements of the G20 Summit: progress in women-led development, including the reduction of the labour force participation gap and the narrowing of gender divides. This achievement is symbolised by the establishment of a new working group focused on the empowerment of women. Kant underlined that this accomplishment reflects both the vision of Prime Minister Narendra Modi and India’s ability to bring diverse nations, including developing countries, China, and Russia, to the same table and forge consensus on critical issues.

Furthermore, Kant highlighted that the G20 presidency under India’s leadership has been the most ambitious in the history of the G20.

04:49 PM

G20 Summit 2023 Press Conference LIVE: G20 Sherpa Amitabh Kant on G20 summit

  • G20 Sherpa Amitabh Kant expressed pride in the unanimous consensus achieved across countries in the New Delhi Leader Declaration.
  • He underscored that this accomplishment reflects India’s remarkable ability to unite nations and make significant strides in the global arena.
  • The New Delhi Declaration is marked by a strong narrative of India’s influence in the G20, leaving an indelible imprint on the international stage.
  • Kant elaborated that the declaration comprises 83 paragraphs, all of which have garnered 100% acceptance from participating nations.
  • Among the noteworthy achievements highlighted by Kant are the establishment of a green development pact encompassing financing, a commitment to reduce global greenhouse gas emissions by 43% by 2030, the launch of the Global Biofuel Alliance, and a strong commitment to combat plastic pollution.

04:45 PM

G-20 Leaders’ Summit Declaration

New Delhi G-20 Leaders’ Summit Declaration: Concerning the war in Ukraine, while recalling the discussion in Bali, we reiterated our national positions and resolutions adopted at the UN Security Council and the UN General Assembly (A/RES/ES-11/1 and A/RES/ES-11/6) and underscored that all states must act in a manner consistent with the Purposes and Principles of the UN Charter in its entirety. In line with the UN Charter, all states must refrain from the threat or use of force to seek territorial acquisition against the territorial integrity and sovereignty or political independence of any state. The use or threat of use of nuclear weapons is inadmissible.

04:43 PM

G20 Summit 2023 press conference LIVE: FM Sitharaman highlights key developments at G20 Summit

Finance Minister Nirmala Sitharaman provided insights into the significant achievements and discussions at the G20 Summit. She emphasised that the Financial Stability Board (FSB) is actively working on shaping a regulatory framework for cryptocurrencies on a global scale. Additionally, considerable progress has been made in establishing a common framework for debt treatment, underscoring the importance of addressing global debt challenges. Sitharaman also highlighted India’s proactive stance on advancing the financial inclusion agenda through digital public infrastructure, reflecting the country’s commitment to leveraging technology for broader economic inclusion. Furthermore, substantial strides have been made in developing a two-pillar solution for international taxation. India has shown a proactive approach beyond the previous focus on a $100 billion contribution from developed nations, signalling its commitment to constructive action on international economic issues.

04:40 PM

G20 Summit 2023 press conference LIVE: Global consensus on crypto regulation emerging during India’s G20 Presidency, says FM Sitharaman

Finance Minister Nirmala Sitharaman has highlighted that a global consensus on the regulation of cryptocurrencies is taking shape during India’s G20 presidency. She emphasized that the G20 agenda has been enriched with a focus on advancing financial inclusion and achieving productivity gains through digital public infrastructure.

“A global consensus on regulating cryptos is emerging under India’s presidency,” she said.

We have embedded in G20 agenda financial inclusion and productivity gains through digital public infrastructure, FM added.

04:34 PM

G20 Summit 2023 press conference LIVE: EAM Jaishankar on G20 summit

G20 Summit 2023 news: External Affairs Minister S. Jaishankar emphasised that the G20 recognised the need for a post-pandemic world order that differs from the one before it. He highlighted that the G20 has played a significant role in preparing India to engage with the world effectively. Additionally, he mentioned that the Delhi Declaration includes a plan to accelerate progress towards achieving the Sustainable Development Goals (SDGs).

04:26 PM

G20 Summit 2023 LIVE: The G20 has contributed to make India world ready and India world ready, said External Affairs Minister S Jaishankar

04:23 PM

G20 Summit 2023 LIVE : G20 Declaration historical, path-breaking; 100 per cent consensus on all developmental, geo-political issues, says India’s Sherpa Amitabh Kant

04:12 PM

G20 Summit 2023 LIVE: Biden and Bangladesh PM Sheikh Hasina share a candid moment

Since India has got the presidency, every State has done a lot of hard work. PM Modi wanted that it not just be held in one place. It should be held in all the States. In Tripura, we had a Science-20 (G20) meeting and we gave a very good presentation. The representatives who came appreciated us very much. Everyone started seeing the unsung areas in India because of this. It was possible due to G20

– Tripura CM Manik Saha on G20 Summit 2023

04:07 PM

G20 Summit 2023 LIVE: PM Modi’s bilateral meeting with Japan’s Kishida

  • Prime Minister Narendra Modi held a bilateral meeting with his Japanese counterpart Fumio Kishida on the first day of the two-day G20 Summit in New Delhi.
  • In a post on X (formerly Twitter), Modi said, “Held productive talks with PM Kishida. We took stock of India-Japan bilateral ties and the ground covered during India’s G20 Presidency and Japan’s G7 Presidency. We are eager to enhance cooperation in connectivity, commerce and other sectors.”

04:00 PM

G20 Summit 2023 LIVE: Modi-Sunak bilateral meeting

  • Prime Minister Narendra Modi had a meeting with British Prime Minister Rishi Sunak during the G20 Summit, where they explored opportunities to strengthen trade ties and enhance investment between the two nations.
  • Sunak, who arrived in India the previous day, engaged in discussions with Modi following the initial session of the G20 Summit. In a traditional gesture, Sunak greeted Modi with a namaste upon their meeting.
  • In a post on X after the meeting, Modi said, “Great to have met PM @RishiSunak on the sidelines of the G20 Summit in Delhi. We discussed ways to deepen trade linkages and boost investment.”
  • India and the UK will keep working for a prosperous and sustainable planet, he said.
  • Prime Minister Modi also held a bilateral meeting with his Japanese counterpart Fumio Kishida on the sidelines of the G20 Summit.

03:55 PM

G20 Summit 2023 LIVE: China on G20 summit

G20 Summit 2023 News: China’s Premier Li Qiang, present at the G20 Summit in New Delhi, emphasised the importance of G20 nations collaborating to facilitate a global economic recovery. He urged increased coordination of economic policies among G20 countries and reaffirmed China’s dedication to reforms and open market policies.

I think the Indian presidency has taken a huge step forward by incorporating the African Union into the G20. I have proposed that based on that decision, the G20 should incorporate the community of Latin American and Caribbean States which undergo a situation very similar to that of the African Union.

– President of Argentina, Alberto Fernández

India has been a wonderful host and president of the G20…It is a very hard moment to organise an event such as the G20 right now because of the Ukrainian conflict and the situation that the world is undergoing right now

– Alberto Fernández, President of Argentina

03:41 PM

G20 Summit LIVE: India’s Footprint on G20 Outcomes

India’s Footprint on G20 Outcomes- Deccan High-Level Principles on Food Security and Nutrition, Chennai High-Level Principles for Blue/Ocean Economy, Goa Roadmap for Tourism, Gandhinagar Implementation Roadmap for land restoration, Jaipur Call for Action to enhance MSMEs access to information.

03:38 PM

India’s G20 Presidency: A historic achievement

G20 Summit News: India’s G20 Presidency has been the most ambitious in history of G-20. 73 outcomes (lines of effort) and 39 annexed documents (presidency documents, not including Working Group outcome documents). With 112 outcomes and presidency documents, we have more than doubled the substantive work from previous presidencies.

03:35 PM

G20 Summit LIVE Updates: PM Narendra Modi announces adoption of New Delhi G20 Leaders’ Summit Declaration

PM Narendra Modi said, ” I have received good news. Due to the hard work of our team, consensus has been built on New Delhi G20 Leaders’ Summit Declaration. My proposal is to adopt this leadership declaration. I announce to adopt this declaration. On this occasion, I congratulate my Sherpa, ministers, who worked hard for it and made it possible.”

03:31 PM

G20 Summit LIVE Updates: I want to announce that there has been a consensus on New Delhi G20 Leaders’ Summit Declaration. I announce that this declaration has been adopted, says PM Modi

03:30 PM

G20 Summit LIVE Updates: UK Prime Minister Rishi Sunak to visit Delhi’s Akshardham temple on Sunday, September 10

03:30 PM

G20 Summit LIVE Updates: Russia and China to agree on Delhi declaration

03:18 PM

G20 Summit LIVE Updates: PM Modi proposes launch of several initiatives

  • During the G20 Summit, Prime Minister Modi made several noteworthy proposals aimed at addressing global environmental and climate challenges.
  • He introduced the idea of launching a ‘G20 Satellite Mission for Environment and Climate Observation,’ emphasising the importance of using satellite technology for monitoring and mitigating climate-related issues.
  • Additionally, India is set to launch the ‘Global Biofuel Alliance,’ extending an invitation to all nations to join this initiative, emphasising sustainable and eco-friendly energy sources.
  • PM Modi also suggested the initiation of a ‘Green Credit Initiative’ among G20 countries, highlighting the significance of financing green projects and fostering sustainability.
  • Furthermore, he stressed the need for trillions of dollars to facilitate an inclusive energy transition, highlighting the crucial role of developed nations in this endeavor.

03:11 PM

G20 Summit LIVE Updates: India launches Global Biofuel Alliance and invites other G20 members to join the initiative

03:09 PM

G20 Summit LIVE Updates: Modi – Kishida bilateral meeting begins

G20 Summit LIVE Updates: Prime Minister Narendra Modi and Japanese PM Fumio Kishida hold a bilateral meeting on the sidelines of the G20 Summit in Delhi.

03:06 PM

G20 Summit LIVE Updates: Why US should get first shot to chair G-20 again, questions China

G20 Summit LIVE Updates: China has expressed concerns about the United States hosting the Group of 20 nations in 2026, a plan previously announced by President Joe Biden’s administration, reported Bloomberg quoting people who are familiar with the ongoing discussions.

The Group of 20 (G-20) countries take turns presiding over the group, which includes hosting the annual summit of world leaders. The United States has indicated its intention to assume the presidency after India, Brazil, and South Africa have completed their respective year-long terms.

It should be noted that China’s objection, reportedly supported by Russia according to one source, is largely symbolic, and it’s unlikely that the decision will be reversed.

02:53 PM

G20 Summit LIVE Updates: Erdogan urges G-20 to meet Russian demands on grain deal

G20 Summit LIVE Updates: Turkish President Recep Tayyip Erdogan is encouraging multiple Group of 20 leaders to consider meeting certain requests from Russia in an effort to rekindle an agreement that facilitated Ukrainian grain exports and contributed to the stabilization of global food prices, reported Bloomberg.

Erdogan, who played a pivotal role in the initial establishment of the Black Sea Grain Initiative in 2022, is advocating for these measures during private discussions with leaders at the G-20 summit taking place in New Delhi this weekend, according to individuals with knowledge of the discussions.

02:43 PM

G20 Summit LIVE Updates: Naveen Patnaik to skip G20 dinner

G20 Summit LIVE Updates: Odisha’s Chief Minister, Naveen Patnaik, has decided not to attend the G20 dinner scheduled for the opening day of the international event in New Delhi on Saturday, as confirmed by official sources to PTI. The Chief Minister’s Office (CMO) did not provide a specific reason for Patnaik’s absence from the G20 program.

02:32 PM

G20 Summit LIVE Updates: Korea’s fresh contribution to Green Climate Fund

G20 Summit LIVE Updates: South Korea has pledged to contribute an additional $300 million to the Global Climate Fund (GCF) as part of its commitment to addressing the global challenge of climate change. President Yoon Suk Yeol made this announcement at the Group of 20 (G20) Summit held in New Delhi, as reported by the Korea Times.

During his speech at the opening session of the summit, where world leaders made national commitments to combat climate change under the theme of “One Earth,” President Yoon unveiled this new financial commitment. He expressed South Korea’s intention to act as a supportive entity for countries facing vulnerability to climate change, emphasizing the country’s official name, “The Republic of Korea.”

02:23 PM

G20 Summit LIVE Updates: African Union says G20 membership will help continent meet ‘global challenges’

02:20 PM

G20 Summit LIVE Updates: PM Modi’s bilateral meeting with UK PM Rishi Sunak begins

02:17 PM

G20 Summit LIVE Updates: Security alert

G20 Summit LIVE Updates: As India hosts the G20 Summit, heightened security measures have been implemented in the nation’s capital. Discussing these security preparations, Delhi Police Special Commissioner for Law and Order, Dependra Pathak, told ANI that the situation is well-managed.

“We have strategically and adequately deployed our police personnel. The environment remains peaceful and firmly under control. Our commitment is to sustain this level of security,” he stated during a press briefing.

02:06 PM

G20 Summit LIVE Updates: Protest against China

G20 Summit LIVE Updates: Some Tibetan students organized a demonstration in McLeodganj over the weekend, appealing to the G20 summit attendees in Delhi to address the reported Chinese efforts to diminish Tibetan cultural heritage.

The student demonstrators asserted that the Chinese authorities were consistently undermining their educational institutions and attempting to obliterate Tibetan culture and heritage.

The protesters called upon global leaders to take decisive measures in response to these actions.

01:56 PM

G20 Summit LIVE Updates: G20 asked to join global carbon pricing

G20 Summit LIVE Updates: The President of the European Commission urged G20 leaders on Saturday to support a plan aimed at establishing a worldwide carbon pricing framework.

Numerous countries have implemented carbon pricing mechanisms, such as taxation or participation in emissions trading systems (ETS), to assist in achieving their climate objectives.

“Human activities are responsible for climate change, which implies that we possess the means to combat it. To do so, we must foster innovation, make investments in sustainable technologies, expand renewable energy capacity, and enhance energy efficiency. During the G20 summit, I extended an invitation to world leaders to endorse the initiative for global carbon pricing,” Ursula von der Leyen conveyed via X social media, formerly recognized as Twitter.

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