November 30, 2021

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G20 confirms Brazil will host the meeting in 2024

G20 confirms Brazil will host the meeting in 2024

NS Brazil Confirmed, Sunday (31), the seat of the summit G20, in 2024. Advertising Already done at the end of the 2020 version, held in Kingdom Saudi Arabia. The meeting, which brings together the twenty largest economies in the world, will be held for the first time in the country. However, the city that will host the event has not yet been announced.

This will be the third time that a group meeting will be held in Latin America. In 2012, the city of San Jose del Cabo, in Mexico, was the first. In 2018, the meeting was held in Buenos Aires, in Argentina.

With the conclusion of the 2021 meeting in Rome, Italy, the 2022 edition will be held in Indonesia In 2022 and in India in 2023.

Created in 1999 in response to the financial crises of that decade, the G-20 was initially envisioned as a forum for economic dialogue between finance ministers and central bank chiefs. After the 2008 global financial crisis, heads of state and other ministers began to participate in the meetings.

Its permanent composition consists of: South Africa, Germany, Saudi Arabia, Argentina, Australia, Brazil, Canada, China, South Korea, the United States, France, India, Indonesia, Italy, Japan, Mexico, the United Kingdom, Russia, Turkey and the Union European.

Countries account for 80% of global GDP, 75% of exports, about 70% of foreign direct investment, and 60% of the world’s population.

2021 G20 meeting

closed on sunday, The G20 meeting did not set any new goals, after a promising start on Saturday (30), when countries agreed to create a global minimum tax.

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Mario DraghiThe Italian Prime Minister said the meeting was a “success” and highlighted the agreement on a goal Maintain global warming to a maximum of 1.5 degrees Celsius and zero greenhouse gas emissions by 2050, which were already identified at the 2015 COP, in designing Paris Agreement.

A $100 billion pledge was also announced to help vulnerable countries combat poverty, inequality, malnutrition and gender gaps.

Secretary-General of the United Nations, Antonio GuterresHe said that the summit disappointed his hopes, but did not dashed his hopes. He wrote on social networks: “I leave Rome and my hopes are not fulfilled, but at least they are not buried.”

(* With information from Rafael Corracchini and Fernando Nakagawa, from CNN)