{"id":266464,"date":"2025-11-23T13:46:21","date_gmt":"2025-11-23T14:46:21","guid":{"rendered":"https:\/\/www.premium-partners.net\/?p=266464"},"modified":"2025-11-24T05:11:27","modified_gmt":"2025-11-24T05:11:27","slug":"g20-summit-in-sa-trumps-detractors-puts-poor-countries-issues-at-center-of-global-discourse","status":"publish","type":"post","link":"https:\/\/www.premium-partners.net\/fr\/builder\/g20-summit-in-sa-trumps-detractors-puts-poor-countries-issues-at-center-of-global-discourse\/","title":{"rendered":"G20 Summit in SA trumps detractors, puts poor countries\u2019 issues at center of global discourse"},"content":{"rendered":"

This post<\/a> was originally published on this site<\/a><\/p>

<\/p>\n

The G20 Leaders’ Summit held for the first time on African soil in Johannesburg over the weekend has come and gone, but South Africa has successfully championed to put critical issues facing low- and middle-income countries at the center of global debate.<\/p>\n

This is in spite of the United States boycotting the global summit and attempting to influence Heads of States not to adopt the Leaders’ Declaration, which somewhat caused a minor diplomatic raw over the incoming G20 Presidency.<\/p>\n

President Cyril Ramaphosa used his closing remarks on Sunday to deliver a clear message: the world\u2019s ability to secure prosperity, stability and climate safety hinges on helping developing nations escape crushing debt, accelerating climate action, and ensuring that the global scramble for critical minerals benefits Africa rather than repeating past patterns of exploitation.<\/p>\n

Ramaphosa said South Africa had used its Presidency to \u201cplace the priorities of Africa and the Global South firmly at the heart of the G20 agenda,\u201d with debt, climate finance and critical minerals emerging as pillars of the Johannesburg consensus.<\/p>\n

Ramaphosa warned that mounting debt burdens have become a major obstacle to achieving the Sustainable Development Goals, with many developing nations forced to divert scarce resources into interest payments instead of funding health, education or growth-enhancing infrastructure.<\/p>\n

He warned that the growing debt burden of developing economies is now one of the chief barriers standing in the way of achieving the Sustainable Development Goals.<\/p>\n

“The G20 has pledged to extend support to low\u2011 and middle\u2011income countries as they confront debt vulnerabilities,” Ramaphosa said. “Together, we must create a virtuous cycle of reduced debt, higher public investment and more rapid and inclusive economic growth.”<\/p>\n

The statement comes as Africa faces its worst debt strain in two decades, with several countries spending more on debt servicing than social services.<\/p>\n

According to the United Nations Conference on Trade and Development (UNCTAD), <\/span>public debt in Africa reached $1.8 trillion by 2022, an increase of 183% since 2010, a rate roughly four times higher than its growth rate of GDP in dollar terms.<\/span><\/p>\n

Africa also loses $89 billion a year to service external debt while an additional $88.6bn exits through illicit financial flows.<\/p>\n

By placing debt at the centre of the G20 agenda, Ramaphosa signalled that the bloc must go beyond temporary relief measures, calling for scalable, systemic solutions that restore long-term fiscal sustainability.<\/p>\n

Eric LeCompte, executive director of the religious development group Jubilee USA Network, said the statement called for improving the Common Framework, the G20 process for countries seeking debt reductions.<\/span><\/p>\n

\u201cThe fact that the Common Framework, in five years, provided debt treatment to only four countries that requested it, is a diplomatic way of stating its limitations, since we know 26 countries have been in debt crises since at least 2018,\u201d LeCompte said.<\/span><\/p>\n

\u201cThe declaration seems to indicate that the G20 would like the Common Framework to become a more bankruptcy-like process or comprehensive debt restructuring process. It’s unprecedented for G20 leaders to call for inclusion of borrower countries to improve international debt policies.\u201d <\/span><\/p>\n

Ramaphosa also said the Summit took place \u201cas calls around the world grow louder\u201d for dramatic progress in ending poverty, reducing inequality and combating climate change, issues that are increasingly inseparable.<\/p>\n

Climate action was also a central feature of South Africa\u2019s G20 Presidency, which Ramaphosa said unfolded \u201cat a crucial moment\u201d as extreme weather, rising temperatures and climate-driven disasters exert mounting pressure on societies worldwide, especially the poorest.<\/p>\n

Ramaphosa highlighted South Africa\u2019s introduction of the High-Level Voluntary Principles for Investing in Disaster Risk Reduction, urging global partners to scale up reconstruction support after climate-induced natural disasters.<\/p>\n

\u201cClimate\u2011induced natural disasters spare no country, but their toll is heaviest on those without the means to recover and rebuild,\u201d he said. \u201cWe therefore called on G20 Leaders to urge the global community to scale up post-disaster reconstruction.\u201d<\/p>\n

Meanwhile, the Summit reaffirmed a commitment to increase both the quality and quantity of climate finance, particularly for nations in the Global South facing difficult transitions.<\/p>\n

G20 members pledged to strengthen multilateral development banks, support country platforms like the <\/span>Just Energy Transition Partnership (JETP), u<\/span>nlock private capital for green investments, and a<\/span>dvance universal access to affordable, secure energy.<\/span><\/p>\n

One of the most significant outcomes of the Summit was the unified endorsement of the G20 Critical Minerals Framework, which aims to ensure that the global rush for minerals used in clean energy and high-tech industries does not leave Africa behind.<\/p>\n

For a continent that holds 30% of the world\u2019s critical mineral reserves, Ramaphosa said the new approach signals a historic shift away from the extractive models of the past.<\/p>\n

Italy\u2019s Prime Minister Giorgia Meloni and Finland\u2019s President Alexander Stubb both underscored the need for fairer, rules-based cooperation \u2014 particularly on climate, development and trade.<\/p>\n

Meloni warned against models of globalisation that \u201cconcentrated wealth and multiplied poverty,\u201d calling for partnerships with Africa that are \u201cequal and generate benefits for all parties.\u201d<\/p>\n

Stubb stressed that the world is standing at a crossroads between \u201cmultilateralism and multipolarity,\u201d urging nations to choose cooperation over fragmentation to tackle global crises, including climate and conflict.<\/p>\n

BUSINESS REPORT<\/strong><\/p>","protected":false},"excerpt":{"rendered":"

The G20 Leaders’ Summit held for the first time on African soil in Johannesburg over the weekend has come and gone, but South Africa has successfully championed to put critical issues facing low- and middle-income countries at the center of global debate.This is in spite of the United States boycotting the global summit and attempting to influence Heads of States not to adopt the Leaders’ Declaration, which somewhat caused a minor diplomatic raw over the incoming G20 Presidency.President Cyril Ramaphosa used his closing remarks on Sunday to deliver a clear message: the world\u2019s ability to secure prosperity, stability and climate safety hinges on helping developing nations escape crushing debt, accelerating climate action, and ensuring that the global scramble for critical minerals benefits Africa rather than repeating past patterns of exploitation.Ramaphosa said South Africa had used its Presidency to \u201cplace the priorities of Africa and the Global South firmly at the heart of the G20 agenda,\u201d with debt, climate finance and critical minerals emerging as pillars of the Johannesburg consensus.Ramaphosa warned that mounting debt burdens have become a major obstacle to achieving the Sustainable Development Goals, with many developing nations forced to divert scarce resources into interest payments instead of funding health, education or growth-enhancing infrastructure.He warned that the growing debt burden of developing economies is now one of the chief barriers standing in the way of achieving the Sustainable Development Goals.”The G20 has pledged to extend support to low\u2011 and middle\u2011income countries as they confront debt vulnerabilities,” Ramaphosa said. “Together, we must create a virtuous cycle of reduced debt, higher public investment and more rapid and inclusive economic growth.”The statement comes as Africa faces its worst debt strain in two decades, with several countries spending more on debt servicing than social services.According to the United Nations Conference on Trade and Development (UNCTAD), public debt in Africa reached $1.8 trillion by 2022, an increase of 183% since 2010, a rate roughly four times higher than its growth rate of GDP in dollar terms.Africa also loses $89 billion a year to service external\u00a0debt\u00a0while an additional $88.6bn exits through illicit financial flows.By placing debt at the centre of the G20 agenda, Ramaphosa signalled that the bloc must go beyond temporary relief measures, calling for scalable, systemic solutions that restore long-term fiscal sustainability.Eric LeCompte, executive director of the religious development group Jubilee USA Network, said the statement called for improving the Common Framework, the G20 process for countries seeking debt reductions.\u201cThe fact that the Common Framework, in five years, provided debt treatment to only four countries that requested it, is a diplomatic way of stating its limitations, since we know 26 countries have been in debt crises since at least 2018,\u201d LeCompte said.\u201cThe declaration seems to indicate that the G20 would like the Common Framework to become a more bankruptcy-like process or comprehensive debt restructuring process. It’s unprecedented for G20 leaders to call for inclusion of borrower countries to improve international debt policies.\u201d\u00a0Ramaphosa also said the Summit took place \u201cas calls around the world grow louder\u201d for dramatic progress in ending poverty, reducing inequality and combating climate change, issues that are increasingly inseparable.Climate action was also a central feature of South Africa\u2019s G20 Presidency, which Ramaphosa said unfolded \u201cat a crucial moment\u201d as extreme weather, rising temperatures and climate-driven disasters exert mounting pressure on societies worldwide, especially the poorest.Ramaphosa highlighted South Africa\u2019s introduction of the High-Level Voluntary Principles for Investing in Disaster Risk Reduction, urging global partners to scale up reconstruction support after climate-induced natural disasters.\u201cClimate\u2011induced natural disasters spare no country, but their toll is heaviest on those without the means to recover and rebuild,\u201d he said. \u201cWe therefore called on G20 Leaders to urge the global community to scale up post-disaster reconstruction.\u201dMeanwhile, the Summit reaffirmed a commitment to increase both the quality and quantity of climate finance, particularly for nations in the Global South facing difficult transitions.G20 members pledged to strengthen multilateral development banks, support country platforms like the Just Energy Transition Partnership (JETP), unlock private capital for green investments, and advance universal access to affordable, secure energy.One of the most significant outcomes of the Summit was the unified endorsement of the G20 Critical Minerals Framework, which aims to ensure that the global rush for minerals used in clean energy and high-tech industries does not leave Africa behind.For a continent that holds 30% of the world\u2019s critical mineral reserves, Ramaphosa said the new approach signals a historic shift away from the extractive models of the past.Italy\u2019s Prime Minister Giorgia Meloni and Finland\u2019s President Alexander Stubb both underscored the need for fairer, rules-based cooperation \u2014 particularly on climate, development and trade.Meloni warned against models of globalisation that \u201cconcentrated wealth and multiplied poverty,\u201d calling for partnerships with Africa that are \u201cequal and generate benefits for all parties.\u201dStubb stressed that the world is standing at a crossroads between \u201cmultilateralism and multipolarity,\u201d urging nations to choose cooperation over fragmentation to tackle global crises, including climate and conflict.BUSINESS REPORT<\/p>","protected":false},"author":1,"featured_media":266466,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-266464","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-builder"],"_links":{"self":[{"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/posts\/266464","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/comments?post=266464"}],"version-history":[{"count":1,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/posts\/266464\/revisions"}],"predecessor-version":[{"id":266465,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/posts\/266464\/revisions\/266465"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/media\/266466"}],"wp:attachment":[{"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/media?parent=266464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/categories?post=266464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/tags?post=266464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}