G20 leaders Rio de Janeiro Summit Declaration (summary)

Preamble We, the leaders of the G20, met in Rio de Janeiro from November 18th to 19th, 2024 to address global challenges and crises, and to promote strong, sustainable, balanced, and inclusive economic growth. We gathered in the birthplace of the United Nations Sustainable Development Agenda, committing to build a just world and a sustainable planet, where no one is left behind. International Economic and Political Situation We reaffirm the role of the G20 as the primary forum for international economic cooperation, showing collective responsibility in effectively leading the global economy and creating conditions for sustainable, inclusive, and resilient global development. We continue to pledge support to developing countries in addressing global crises and challenges, and achieving sustainable development goals. The era in which we live is facing major challenges and crises in geopolitics, socioeconomics, environment, and climate, which require urgent action. The G20 can provide much-needed international cooperation and political impetus to address these challenges. We reaffirm our support for sustainable development goals. In 2024, we will place the theme of "Building a Just World and a Sustainable Planet" at the center of the G20 agenda, addressing all forms of inequality. The global economy still faces many challenges, with rising uncertainties and increased risks of economic downturn, but we also notice a good outlook for achieving a soft landing. In many parts of the world, economic activity is showing unexpected resilience, and global inflation levels are easing from a high point. We will continue to promote strong, sustainable, balanced, and inclusive growth, alleviate cost of living pressures, ensure fiscal sustainability, reduce negative spillover effects, and promote the construction of an open, resilient, inclusive, and stable financial system to support economic growth. We solemnly note with concern the immense suffering and negative impacts that wars and conflicts around the world are causing to humanity. Regarding ongoing conflicts and wars, we reiterate our respective national positions and resolutions passed in the United Nations Security Council and General Assembly, emphasizing that all countries must act in a manner consistent with all purposes and principles of the UN Charter. According to the UN Charter, all countries must avoid the threat or use of force to acquire territories, infringe on the territorial integrity and sovereignty of any country, or interfere with political independence. All parties must abide by international law, including fulfilling obligations under international humanitarian law and international human rights law, and condemn all attacks against civilians and infrastructure. We express deep concern over the catastrophic humanitarian situation in the Gaza Strip and the escalation of the situation in Lebanon, emphasizing the urgent need to expand humanitarian assistance, strengthen civilian protection, and remove all barriers hindering the provision of large-scale humanitarian aid. Wars bring suffering and negative impacts to humanity. We affirm the right to self-determination of Palestine, reiterating unwavering support for the "two-state solution," where Israel and Palestine peacefully coexist within secure and recognized boundaries based on international law and relevant UN resolutions. We support the immediate implementation of ceasefire in the Gaza Strip and Lebanon, as called for in UN Security Council Resolution 2735, so that the people on both sides of the "Blue Line" can safely return to their homes. Specifically regarding the war in Ukraine, we recall the discussions in New Delhi, emphasizing the suffering caused to humanity by the war and its negative impacts on global food and energy security, supply chains, macroeconomic stability, inflation, and economic growth. We welcome all constructive initiatives that support comprehensive, just, and lasting peace, uphold all purposes and principles of the UN Charter, and promote peace, friendship, and good neighborliness among countries. We will build a world without nuclear weapons, safer and more secure, and fulfill our responsibilities towards this goal. We condemn all forms and manifestations of terrorism. Efforts for peaceful conflict resolution, crisis resolution, diplomacy, and dialogue are crucial. Only in a peaceful context can we achieve sustainable development and prosperity. To achieve cooperative results, the host country, Brazil, has identified three priority areas for the G20 in 2024: social inclusion and combating hunger and poverty, sustainable development, energy transition, and climate action, and global governance reform. Social Inclusion and Combating Hunger and Poverty There is enough food produced in the world to eliminate hunger. The G20 established the "Global Alliance to Combat Hunger and Poverty," supporting nationally led, nationally owned projects to reduce hunger and poverty globally, revitalize global sustainable development partnerships, and continuously improve agricultural productivity and reduce food loss. Countries are interdependent in achieving food security and nutrition and require open trade policies that comply with World Trade Organization rules. The G20 reaffirms its support for the UN Development Agenda and looks forward to the successful holding of the Fourth International Conference on Financing for Development in Spain in 2025. We commit to helping developing countries better integrate into global industrial, value, and supply chains and accelerate their industrialization and modernization processes. Corruption affects sustainable development, and anti-corruption efforts help build a just world and a sustainable planet. The G20 is determined to set an example in global anti-corruption and combating illegal financial flows, making full use of the global network for anti-corruption law enforcement cooperation and other cooperation networks. We appreciate the tax reforms undertaken by G20 members. Seeking cooperation while fully respecting tax sovereignty to ensure effective taxation of ultra-high net worth individuals. Addressing the tax challenges of digitalization, engaging in constructive discussions on the development of an international tax cooperation framework convention and its protocol under the United Nations. Efforts to achieve the 21st replenishment of the International Development Association of the World Bank are underway. Multiple factors, including market fluctuations, tightening financial environments, and debt vulnerability, will push up financing costs. The international community is urged to support countries facing short-term liquidity challenges but seeking debt sustainability. Encouraging the International Monetary Fund and the World Bank to continue seeking clear, voluntary, and feasible solutions to help these countries. We reaffirm the core coordinating role of the World Health Organization in the global health architecture and support its fundraising. Providing people-centered healthcare services, we aim to restore healthcare systems to a higher level than before the epidemic in the next one to two years. Acknowledging the potential role of traditional medicine, recognizing the contributions of the pandemic fund. Supporting the drafting of a World Health Organization convention, agreement, or other international instrument to prevent, detect, and respond to pandemics, fully respecting national sovereignty. Coordinate responses to the monkeypox epidemic and other sudden End of translation.Public health incident.English High-quality education and training, including digital education, play a key role in promoting sustainable economic and social development. Recognize the power and intrinsic value of culture in promoting unity, dialogue, and cooperation among countries. Call on the international community to discuss the issue of returning cultural heritage, including illegally exported cultural heritage. Fully tap the potential of digital technology to promote digital connectivity and cross-border data flow. Reaffirm the important role of open and mutually beneficial international cooperation in research and innovation. All parties can promote voluntary technology transfer and capacity-building through tools such as open science to facilitate the exchange of researchers and scientists. Protect workers' rights and empower them. Promote gender equality and women's empowerment, and implement the Beijing Declaration of the World Conference on Women. Strengthen international cooperation on disaster reduction. Ensure safe, orderly, and regular migration. Sustainable development, energy transition, and climate action In the field of climate change, reaffirm commitments to multilateralism and address climate change based on the principle of common but differentiated responsibilities and respective capabilities. Reaffirm the temperature control goals of the Paris Agreement, which aim to limit the increase in global average temperature to within 2 degrees Celsius above pre-industrial levels and strive to limit it to within 1.5 degrees Celsius. Efforts should be made to achieve global net zero emissions/carbon neutrality by the mid-century or around that time. Encourage countries to set the next round of nationally determined contributions. The G20 will cooperate to promote a favorable and open international economic system, support all countries in achieving sustainable economic growth, and better address climate change. Measures taken to address climate change, including unilateral measures, should not become arbitrary or unreasonable discriminatory means or disguised restrictions on international trade. Expand climate finance and investment to developing countries. It is necessary to significantly increase climate financing to the trillion-dollar level. Implement the G20 Sustainable Finance Roadmap. Welcome the establishment of the Global Climate Change Mobilization Task Force by the Presidency of Brazil. Support the success of the twenty-ninth session of the Conference of the Parties to the United Nations Framework Convention on Climate Change and look forward to achieving new collective quantified targets for climate finance. Support efforts to triple the global renewable energy installed capacity by 2030 through existing targets and policies and based on national conditions, double the annual global energy efficiency improvement rate, and support the implementation of other zero-emission and low-emission technologies by 2030, including carbon emission reduction and removal technologies. Phase out and regulate inefficient subsidies for fossil fuels that encourage waste. Support sustainable, responsible supply chains for key raw materials, semiconductors, and technologies. Comprehensively implement the Kunming-Montreal Global Biodiversity Framework. Sustainable forest management and combating deforestation. Follow World Trade Organization rules and multilateral environmental agreements to avoid discriminatory GREEN ECONOMY policies. Adopt sustainable production and consumption patterns and lifestyles. Resolve to end plastic pollution. Support the third United Nations Ocean Conference in 2025. Continue to implement the G20 Bioeconomy Initiative in 2025. Reform of global governance institutions The challenges facing the international community can only be addressed through multilateral means. The G20 is committed to revitalizing and strengthening the multilateral system, adhering to the purposes and principles of the United Nations Charter and international law, and making international institutions more representative and effective. In the field of United Nations reform, revitalize the United Nations General Assembly and enhance its role as the primary deliberative, decision-making, and representative body of the United Nations, strengthen the Economic and Social Council and the Peacebuilding Commission. Promote a more representative United Nations Secretariat and select staff based on the principle of fair geographical distribution. Reform the United Nations Security Council to make it more representative, inclusive, effective, and improve its working methods in line with the realities and needs of the 21st century. Call for the expansion of the composition of the United Nations Security Council to enhance the representativeness of underrepresented regions and groups, such as Africa, Asia-Pacific, Latin America, and the Caribbean. In the field of international financial reform, implement the World Bank's reform roadmap and mobilize more funding to help low-income and middle-income countries. Look forward to the World Bank's equity review in 2025. Increase the representation and voice of developing countries in multilateral development banks and other international economic and financial institutions, and welcome the International Monetary Fund to add seats for Africa on its Board of Governors. Build a strong, quota-based, adequately resourced International Monetary Fund and welcome the organization to develop a plan for quota adjustments by June 2025, including through a new quota formula. The International Monetary Fund is working to lend $100 billion in special drawing rights to countries in need, a milestone achievement. Welcome the G20's progress in implementing the Common Framework for Debt Treatment and adhere to all commitments made in the Framework, including the last paragraph. In the field of international trade reform, build a multilateral trading system with the World Trade Organization at its core, based on rules, non-discrimination, fairness, openness, inclusiveness, equality, sustainability, and transparency. Ensure fair competition in line with World Trade Organization rules and create a favorable trade and investment environment for all. Support necessary reforms to the World Trade Organization and establish a dispute resolution mechanism that all members can use, complete, and operate effectively by 2024. In the field of artificial intelligence, strive to ensure that artificial intelligence is beneficial to all, addressing various challenges in a responsible, inclusive, and human-centered manner. Promote governance of artificial intelligence conducive to innovation. Recognize the role of the United Nations and other forums in promoting international cooperation on artificial intelligence, including using artificial intelligence to enhance sustainable development. Call for support for capacity-building in developing countries. Welcome international initiatives supporting the above efforts. Establish a G20 Artificial Intelligence Task Force in 2025. Building an inclusive and effective G20 Welcome the African Union as an official member of the G20. Commit to supporting African countries through initiatives such as the G20 Support for Africa and the Least Developed Countries to Industrialize Initiative (announced at the Hangzhou Summit). The G20 is an informal organization led by leaders. Coordinators from each member will evaluate the work of the first chairmanship cycle and make recommendations for the next cycle, including arrangements for future presidencies. Appreciate Brazil's leadership role in the G20 this year and welcome Saudi Arabia's willingness to advance its presidency of the G20. Looking forward to South Africa in 2025.Work together during the presidency and meet again in the United States in 2026.This article is reprinted from "CCTV News", edited by GMTEight: Jiang Yuanhua.