G20 articles
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At last G20 is showing how to finance an assault on poverty
Brazilian president Lula’s proposals have the backing of the World Bank. Now we need action All things considered, the world’s richest countries have emerged from the global pandemic in better shape than they could have imagined when Covid-19 first appeared just over four years ago.To be sure, the impact of lockdown and its aftermath has been painful, but the effects on poor countries have been far more severe. Continue reading
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IAEA puts case to G20 for nuclear energy's net zero role
Better access to financing mechanisms and other policy shifts required for the large-scale expansion of nuclear energy were outlined when the International Atomic Energy Agency made its first-of-a-kind contribution to the G20 policy-making process.
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World Bank official calls for shake-up of G20 debt relief scheme
Chief economist says common framework has failed to provide any new money to world’s poorest countries since it was set up in 2020The mechanism for providing debt relief to the world’s poorest countries is failing to produce results and requires a major rethink, a senior official at the World Bank has said.Indermit Gill, the bank’s chief economist, said that after four years the G20’s common framework – designed to speed up and simplify debt restructuring – had not provided a single dollar of...