BRAZIL officially takes over as the leader of the group that includes the world’s 19 largest economies including the European Union, and for the first time, the African Union.
The one-year mandate started on December 01, 2023, and will end on November 30, 2024.
Throughout the mandate, Brazil will organize more than 100 working group meetings, as well as around 20 ministerial meetings which will be held both virtually and in person.
Brazilian President Luiz Inácio Lula da Silva highlighted the relevance of this moment for Brazil and spoke about the importance of the summit for the world.
Lula once said he would use the G20 Presidency to raise the issues of inequality, and the debt of the world’s poorest countries, as well as sustainable development, energy transition, and the implementation of the green economy in the country.
“It is more than an honor, it’s a commitment. We are committed to placing the fight against hunger, extreme poverty and inequality at the center of the economic agenda,” according to Pres. Lula da Silva, Brazil.
It’s unacceptable that so much money should remain in the hands of so few — and that so many lack enough money to eat what they need to survive.
Under its presidency, Brazil will create two task forces to address inequality: the Global Alliance against Hunger and Poverty as well as the Global Mobilization against Climate Change.
Lula also plans to use the Brazilian mandate to propose a reform of international institutions and the global governance system.
