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Low carbon recovery from Covid-19 slowdown can solve climate crisis: Report

For Covid-19 recovery from slowdown, governments are spending at an unprecedented scale, the report has found, currently amounting to roughly US$12 trillion globally, or 12% of GDP in 2020
2020 is currently on track to be one of the warmest on record, with wildfires, droughts, storms and glacier melt only intensifying.(Representational Image)
2020 is currently on track to be one of the warmest on record, with wildfires, droughts, storms and glacier melt only intensifying.(Representational Image)
Updated on Dec 09, 2020 04:21 PM IST
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Hindustan Times, New Delhi | ByJayashree Nandi

Pakistan secures USD 800 million in debt relief from G20 nations: Report

14 of the 20 G20 states have ratified the deal while six, including Saudi Arabia and Japan, are yet to ratify it, according to a media report on Sunday. Pakistan owed USD 25.4 billion to the G20 nations as of August 2020.
UN headquarters : In this image made from UNTV video, Imran Khan, Prime Minister of Pakistan, speaks in a pre-recorded message which was played during the 75th session of the United Nations General Assembly, Friday, Sept. 25, 2020, at UN headquarters. AP/PTI(AP25-09-2020_000288A)
UN headquarters : In this image made from UNTV video, Imran Khan, Prime Minister of Pakistan, speaks in a pre-recorded message which was played during the 75th session of the United Nations General Assembly, Friday, Sept. 25, 2020, at UN headquarters. AP/PTI(AP25-09-2020_000288A)
Updated on Nov 23, 2020 09:42 AM IST
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Islamabad | ByPress Trust of India | Posted by Karan Manral

PM Modi lists India’s progress on climate change targets on G20 sidelines

In keeping with its traditional ethos of living in harmony with the environment, India has adopted low carbon and climate resilient development practices, PM Modi told the meeting.
Prime Minister Narendra Modi also said that India is exceeding targets set under the Paris Agreement and will reach its goal of generating 175 GW of renewable energy before the target date of 2022.(PTI Photo)
Prime Minister Narendra Modi also said that India is exceeding targets set under the Paris Agreement and will reach its goal of generating 175 GW of renewable energy before the target date of 2022.(PTI Photo)
Updated on Nov 22, 2020 08:41 PM IST
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Hindustan Times, New Delhi | ByHT Correspondent

G20 to back ‘equitable’ access to coronavirus vaccine: Report

The leaders also struck a unified tone on supporting “multilateral” trade as well as the global fight against climate change, but the closing document lacks firm details on many of the issues dominating the virtual summit hosted by Riyadh.
The communique offered no details on how the effort will be funded.(REUTERS)
The communique offered no details on how the effort will be funded.(REUTERS)
Published on Nov 22, 2020 05:07 PM IST
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Riyadh | ByAgence France-Presse| Posted by Susmita Pakrasi

G20 should boost trade financing for developing countries, back reforms, says WTO official

WTO Deputy Director General Alan Wolff told G20 leaders it was critical to utilize trade to help underwrite the economy, facilitate trade in essential medical supplies, and reform the institutional framework for world trade.
The lack of access to trade financing hits least developed countries hardest that already suffer from the high cost of financial transactions.(REUTERS)
The lack of access to trade financing hits least developed countries hardest that already suffer from the high cost of financial transactions.(REUTERS)
Published on Nov 22, 2020 10:41 AM IST
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Washington | ByReuters| Posted by Susmita Pakrasi

World Bank warns G20 against doing too little to tackle debt problems

World Bank President David Malpass said he was pleased by progress made by the Group of 20 major economies on increasing debt transparency and providing debt relief to the poorest countries, but more was needed.
Malpass said World Bank was working closely with the G20 in countries affected by fragility, conflict and violence, including the Sahel, Somalia, Lebanon, Gaza and the West Bank.(Reuters)
Malpass said World Bank was working closely with the G20 in countries affected by fragility, conflict and violence, including the Sahel, Somalia, Lebanon, Gaza and the West Bank.(Reuters)
Updated on Nov 22, 2020 04:55 AM IST
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Washington | ByReuters | Posted by Srivatsan K C

PM Modi calls for decisive action by G20 to counter Covid-19 impact

Modi participated in the two-day virtual summit being chaired by Saudi Arabia along with the heads of state and government of the 19 member countries and representatives of the European Union and international organisations.
Prime Minister Narendra Modi.(ANI)
Prime Minister Narendra Modi.(ANI)
Updated on Nov 22, 2020 04:56 AM IST
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Hindustan Times, New Delhi | ByHT Correspondent

‘Covid-19 biggest challenge since World War 2’: PM Modi at G20 summit

Modi participated in the two-day virtual summit being chaired by Saudi Arabia along with the heads of state and government of the 19 member countries and representatives of the European Union and international organisations.
Calling the Covid-19 pandemic an important turning point in history and the biggest challenge faced by the world since World War 2, PM Modi called for decisive action by the G20 that should not be limited only to economic recovery.(ANI PHOTO.)
Calling the Covid-19 pandemic an important turning point in history and the biggest challenge faced by the world since World War 2, PM Modi called for decisive action by the G20 that should not be limited only to economic recovery.(ANI PHOTO.)
Updated on Nov 21, 2020 11:02 PM IST
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Hindustan Times, New Delhi | ByRezaul H Laskar | Edited by Sohini Sarkar

PM Modi at G20: Coordinated efforts by world’s largest economies will lead to faster recovery from Covid-19

PM Modi made the remarks on Twitter after attending the G20 Summit virtually.
Updated on Nov 21, 2020 11:07 PM IST
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Hindustan Times, New Delhi | Byhindustantimes.com | Edited by Amit Chaturvedi

G20 finance ministers accept debt framework for countries in need of Covid-19 deep relief

The new framework outlined on Friday borrows heavily from the rules of the Paris Club, an informal grouping of mostly rich governments that until now was the only joint forum for negotiating debt restructurings.
G20 leaders are expected to endorse the common framework at a virtual summit meeting next week.(Reuters | Representational image)
G20 leaders are expected to endorse the common framework at a virtual summit meeting next week.(Reuters | Representational image)
Published on Nov 13, 2020 07:11 PM IST
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Paris | ByReuters | Posted by Srivatsan K C

Encouraged G20 members to enhance strategies to produce renewable energy, says BJP MP Suresh Prabhu

BJP MP Suresh Prabhu on Wednesday took part in the third G20 Sherpas’ virtual meeting and encouraged members to enhance strategies to produce renewable energy.
BJP MP Suresh Prabhu(PTI photo)
BJP MP Suresh Prabhu(PTI photo)
Updated on Oct 01, 2020 07:32 AM IST
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New Delhi | ByAsian News International | Posted by Niyati Singh

India’s Q1 numbers may be among lowest in G20

GDP for the three months ended June 30, to be released on Monday, is expected to be the worst since India started reporting quarterly data in 1996
Manufacturing is likely to see the sharpest slowdown, followed by services, based on high-frequency indicators.(Bloomberg)
Manufacturing is likely to see the sharpest slowdown, followed by services, based on high-frequency indicators.(Bloomberg)
Updated on Aug 31, 2020 06:25 AM IST
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Livemint, New Delhi | ByAsit Ranjan Mishra

G20 countries agree debt freeze for world’s poorest countries

The actions to freeze both principal repayments and interest payments will free up more than $20 billion for the countries to spend on improving their health systems and fighting the coronavirus pandemic, Saudi Finance Minister Mohammed al-Jadaan told reporters after a virtual meeting of G20 finance officials.
Wednesday’s video conference meeting of finance ministers and central bank governors ran well over the scheduled two hours, delaying news conferences planned by al-Jadaan and International Monetary Fund Managing Director Kristalina Georgieva.(Reuters file photo)
Wednesday’s video conference meeting of finance ministers and central bank governors ran well over the scheduled two hours, delaying news conferences planned by al-Jadaan and International Monetary Fund Managing Director Kristalina Georgieva.(Reuters file photo)
Published on Apr 16, 2020 07:27 AM IST
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Dubai/Riyadh/Washington | ByReuters

Covid-19: G20 finance ministers push for joint action plan by April 15

The virtual meeting of G20 finance ministers also discussed the role of the IMF, World Bank and other international financial institutions to deploy all available resources and explore additional measures to support emerging markets and developing economies.
During the March 26 meeting, G20 leaders had agreed to inject more than $5 trillion into the global economy to counter the social and economic impacts of the pandemic and to safeguard jobs and revive growth.(AFP)
During the March 26 meeting, G20 leaders had agreed to inject more than $5 trillion into the global economy to counter the social and economic impacts of the pandemic and to safeguard jobs and revive growth.(AFP)
Updated on Mar 31, 2020 09:27 PM IST
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Hindustan Times, New Delhi | ByHT Correspondent

PM Modi asks G20 for an effective global response to coronavirus: Reports

The G20 global summit was held through video conferencing due to coronavirus outbreak.
Prime Minister Narendra Modi called for putting humans at the centre of the global strategy.(HT Photo/Representative)
Prime Minister Narendra Modi called for putting humans at the centre of the global strategy.(HT Photo/Representative)
Updated on Mar 26, 2020 09:55 PM IST
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Hindustan Times, New Delhi | ByHT Correspondent

India to push for coordinated, forward-looking approach to Covid-19 at G20 meet

Members of the G20 include 19 of the world’s largest economies and the European Union.
Prime Minister Narendra Modi will join the extraordinary G20 Summit called by Saudi Arabia, the president of the grouping(Reuters)
Prime Minister Narendra Modi will join the extraordinary G20 Summit called by Saudi Arabia, the president of the grouping(Reuters)
Updated on Mar 26, 2020 03:07 PM IST
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Hindustan Times, New Delhi | ByRezaul H Laskar, New Delhi

PM Modi to join extraordinary virtual G20 Summit on Thursday

Prime Minister Narendra Modi had discussed the preparations for the virtual summit with Saudi Crown Prince Mohammed bin Salman and Australian Prime Minister Scott Morrison
Prime Minister Narendra Modi will join the extraordinary G20 Summit called by Saudi Arabia, the president of the grouping(REUTERS/Altaf Hussain)
Prime Minister Narendra Modi will join the extraordinary G20 Summit called by Saudi Arabia, the president of the grouping(REUTERS/Altaf Hussain)
Updated on Mar 24, 2020 11:30 PM IST
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Hindustan Times, New Delhi | ByRezaul H Laskar

India worst affected by climate change among G20 says report

The study says, India had the most ambitious NDC and it could align it with the ‘1.5 degree C target’ if it “continued to abandon planned coal-fired power plants in favour of cheaper renewable energy technology”.
)(Arvind Yadav/HT PHOTO)
)(Arvind Yadav/HT PHOTO)
Updated on Nov 12, 2019 12:56 PM IST
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Hindustan Times, New Delhi | ByJayashree Nandi

Carbon footprint: Abe biggest climate offender among G20 leaders

Japan Prime Minister Shinzo Abe is the biggest climate offender among all the G20 leaders as far as the carbon footprint on the environment is concerned, says an analysis of CO2 emissions from 140 flights to foreign countries by seven G20 heads of state in 2018.
Japan's Prime Minister Shinzo Abe is the biggest climate offender among G20 leaders.(REUTERS file)
Japan's Prime Minister Shinzo Abe is the biggest climate offender among G20 leaders.(REUTERS file)
Updated on Oct 09, 2019 04:32 PM IST
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Hindustan Times, New Delhi | ByHT Correspondent

Does the G20 still matter?

The G20’s deficiency is that it lacks an objective framework through which to set goals and measure progress toward them. Since the group’s initial success a decade ago, its agenda has been fluid, with each host country adding something new to the mix at every annual gathering.
US President Donald Trump does a fist bump with Japan's Prime Minister Shinzo Abe and Prime Minister Narendra Modi during a trilateral meeting on the first day of the G20 summit on June 28, 2019, Osaka, Japan.(REUTERS)
US President Donald Trump does a fist bump with Japan's Prime Minister Shinzo Abe and Prime Minister Narendra Modi during a trilateral meeting on the first day of the G20 summit on June 28, 2019, Osaka, Japan.(REUTERS)
Updated on Jul 12, 2019 05:32 PM IST
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ByJim O’Neill

Threat to world economy lifts as Trump agrees to trade-war-truce with China

Xi opened the meeting with a reference to the ping-pong diplomacy in the 1970s that paved the way for formal diplomatic ties between the U.S. and China.
U.S. President Donald Trump meets with China's President Xi Jinping at the start of their bilateral meeting at the G20 leaders summit in Osaka, Japan, June 29, 2019. REUTERS/Kevin Lamarque(REUTERS)
U.S. President Donald Trump meets with China's President Xi Jinping at the start of their bilateral meeting at the G20 leaders summit in Osaka, Japan, June 29, 2019. REUTERS/Kevin Lamarque(REUTERS)
Updated on Jun 29, 2019 11:00 AM IST
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Bloomberg | ByShawn Donnan, Margaret Talev and Peter Martin

Russia must end ‘irresponsible activity’:Theresa May tells Vladimir Putin

May also told the Russian president during their meeting at the G20 summit in Japan that she wanted the two Russians Britain says is responsible for the attack on Sergei Skripal in Salisbury last year brought to justice, her office said in a statement.
British Prime Minister Theresa May told Vladimir Putin on Friday Russia must end its “irresponsible and destabilising activity”. (REUTERS/Toby Melville)
British Prime Minister Theresa May told Vladimir Putin on Friday Russia must end its “irresponsible and destabilising activity”. (REUTERS/Toby Melville)
Updated on Jun 28, 2019 06:36 PM IST
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Reuters | ByReuters

Saudi Arabia raises India’s Haj quota by 30,000 after PM Modi addresses issue at G20

The issue of India’s Haj quota was discussed during Prime Minister Narendra Modi’s bilateral talks with Crown Prince of Saudi Arabia Mohammed bin Salman here.
PM Narendra Modi meeting the Crown Prince, Vice President of the Council of Ministers of Defence of the Kingdom of Saudi Arabia, Mohammed bin Salman , at the G-20 Summit in Osaka.(ANI)
PM Narendra Modi meeting the Crown Prince, Vice President of the Council of Ministers of Defence of the Kingdom of Saudi Arabia, Mohammed bin Salman , at the G-20 Summit in Osaka.(ANI)
Updated on Jun 28, 2019 01:50 PM IST
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Osaka, Japan | ByPress Trust of India

‘Will just continue to get along’: Donald Trump’s words calm India’s G20 team

Indian officials working on the visit said on background they felt both relieved and encouraged by the US President’s remarks.
US President Donald Trump meets with Indian Prime Minister Narendra Modi during a meeting on the sidelines of the G-20 summit in Osaka, Japan(AP)
US President Donald Trump meets with Indian Prime Minister Narendra Modi during a meeting on the sidelines of the G-20 summit in Osaka, Japan(AP)
Updated on Jun 28, 2019 11:01 AM IST
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Hindustan Times, Washington | ByYashwant Raj

Iran breaks nuclear pact limit in days, ‘no rush’ says Donald Trump at G20

The prospect that Tehran could soon violate its nuclear commitments, a week after Trump called off air strikes on Iran at the last minute, has created additional diplomatic urgency to find a way out of the crisis.
US President Donald Trump, who has ratcheted up pressure on the Middle Eastern country, said there was “absolutely no time pressure” on the issue.(REUTERS)
US President Donald Trump, who has ratcheted up pressure on the Middle Eastern country, said there was “absolutely no time pressure” on the issue.(REUTERS)
Updated on Jun 28, 2019 10:16 AM IST
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Vienna/Osaka | ByReuters

India to raise issue of fugitives at G20

Abe also referred to Modi’s initiative on fugitive economic offenders at earlier G20 meetings and said the grouping “should deal with this problem as part of anti-corruption measures”, Gokhale said.
Gokhale explained this will be a “loose, virtual coalition of countries which have capacity in handling post-disaster infrastructure development”, including financial capacity, human resources and experience.(HT Photo)
Gokhale explained this will be a “loose, virtual coalition of countries which have capacity in handling post-disaster infrastructure development”, including financial capacity, human resources and experience.(HT Photo)
Updated on Jun 28, 2019 12:11 AM IST
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New Delhi | ByHT Correspondent

Soldier in Brazil’s G20 delegation arrested in Spain with cocaine

A court ordered Wednesday that the soldier, accused of drug trafficking, be held in preventative detention.
He was arrested on Tuesday after the Brazilian military plane he was travelling in made a stopover in Seville in southwestern Spain on its way to Japan, said a spokeswoman for Spain’s Guardia Civil police force.(HT Photo)
He was arrested on Tuesday after the Brazilian military plane he was travelling in made a stopover in Seville in southwestern Spain on its way to Japan, said a spokeswoman for Spain’s Guardia Civil police force.(HT Photo)
Updated on Jun 27, 2019 08:40 PM IST
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Madrid | ByPress Trust of India

Angela Merkel suffers new trembling spell ahead of G20

The German leader began to tremble as she stood next to President Frank-Walter Steinmeier, who was addressing a ceremony to formally appoint a new justice minister.
The shaking went on for about two minutes, according to a DPA photographer who was present.(HT Photo)
The shaking went on for about two minutes, according to a DPA photographer who was present.(HT Photo)
Updated on Jun 27, 2019 06:54 PM IST
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Berlin | ByAgence France-Presse

Chancellor Angela Merkel runs late to G20 after plane trouble strands her in Germany

Chancellor Angela Merkel was speaking with reporters about the latest tensions between Russia and the Ukraine, the plane’s door opened and a crew member asked her to come out. “Why now?”, Merkel asked. “It’s urgent,’ the crew member replied. Later, Merkel would say she thought something bad had happened in Germany.
German Chancellor Angela Merkel steps down from Airbus
German Chancellor Angela Merkel steps down from Airbus "Konrad Adenauer" on late November 29, 2018 on the tarmac of Cologne's airport after an emergency landing.(AFP Photo)
Updated on Nov 30, 2018 03:32 PM IST
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Bloomberg | ByArne Delfs

Indian shares hit near 2-month high ahead of GDP data, G20 meet

The Indian rupee gained up to 0.35 percent on the day to 69.595 per dollar, its best since August 21.
PM Narendra Modi gestures after he was welcomed by Argentina’s Justice Minister German Garavano, right, upon his arrival at the Ministro Pistarini international airport to attend the G20 Summit in Buenos Aires, Argentina on Thursday, November 29, 2018.(AP)
PM Narendra Modi gestures after he was welcomed by Argentina’s Justice Minister German Garavano, right, upon his arrival at the Ministro Pistarini international airport to attend the G20 Summit in Buenos Aires, Argentina on Thursday, November 29, 2018.(AP)
Updated on Nov 30, 2018 01:09 PM IST
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Reuters | ByReuters
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