South Africa expressed disappointment over the lack of consensus from the recent G20 meeting in Cape Town, exacerbated by the absence of key officials from several nations. The talks reaffirmed commitments to fair trade and cooperation, although climate finance remains a contentious issue. President Ramaphosa called for sustained investment in cooperation despite geopolitical tensions, while advocates worry about losing momentum on climate actions.
South Africa has expressed disappointment over the lack of consensus achieved during the G20 discussions on global economic issues, which recently concluded in Cape Town without a joint communique. The talks, attended by finance ministers and central bankers, were significantly impacted by the absence of key officials from the United States, China, India, and Japan, along with ongoing foreign aid cuts by prominent nations amid escalating geopolitical tensions.
Despite these challenges, attendees affirmed their commitment to non-protectionist measures and supported a trading system characterized by fairness, inclusivity, and transparency. President Cyril Ramaphosa urged participants to advance cooperative investments to counter the detrimental effects of eroding multilateralism, emphasizing its relevance for global growth and conflict resolution.
South Africa’s G20 presidency aims to facilitate financial transitions for developing economies towards low-carbon sectors, although support from wealthier nations like the United States has been declining. The nation hopes to maintain the momentum achieved in addressing climate issues amid competing global concerns, a point underscored by Vumile Senene of the Clean Air Fund, who acknowledged existing air quality challenges in urban Africa.
The discussions also highlighted the need to integrate climate action and public health awareness into G20 agendas. South Africa is advocating for G20 members to set ambitious climate targets ahead of the upcoming UN climate negotiations in Brazil, while also seeking increased funding for energy transition in developing countries and support for those most affected by climate change.
The G20 discussions in South Africa revealed significant divisions among member countries, particularly in light of absent key representatives and funding cuts for climate initiatives. President Ramaphosa’s emphasis on enhancing cooperation and financial support for low-carbon transitions highlights the urgent need for collective action against climate change. South Africa remains committed to driving climate action priorities despite the prevailing challenges.
Original Source: www.rfi.fr
