HomeNewsSDG and food security top the G20 agenda for emerging markets

SDG and food security top the G20 agenda for emerging markets

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Many countries with emerging economies, including China, Argentina, Russia, and South Africa, have urged the G20 to prioritize the acceleration of the Sustainable Development Goals (SDGs) and the resolution of issues relating to food and energy security, with some of these countries praising India for its role in helping to forge a consensus in Bali.
Indonesia, the host country, thanked India for contributing to the development of a consensus at the recent leaders’ summit in Bali during an evening meeting of the emerging markets group that took place on the margins of the G20 meeting. Sources who knew about the evening’s talks told TOI that Russia thought it was great that the emerging market group worked together.
Indonesia said that discussions about achieving sustainable development goals by 2030, which is a big problem for the Global South, shouldn’t be limited to the development working group.
Mexico has promised that developing nations will have a say in solutions to some of the problems they face.
“The goal of this group’s solidarity isn’t to fracture the G20.” Energy and food security are important to development, and we must agree to make them a top priority. This is what the Chinese delegation said, according to the source. According to reports, China has also brought up the supply chain and climate change issues, while also calling for the protection of the common interests of emerging economies.
In the wake of the Ukraine-Russia crisis, emerging and poor countries have been thrust into the international spotlight as economies try to protect themselves from the effects of rising food and energy prices.
According to a source for TOI, Mexico brought up the problems of high inflation and recession in economies around the world, while its Sherpa brought up the problems of food and fuel in Latin America and Africa.
Turkey has proposed that issues related to migration and displacement be added to the core agenda of the group of 12 rising countries, while also calling for the group to work together.
The country of South Africa has included fertilizers and emphasized the importance of diversifying the fertilizer industry. As a result of the conflict between Russia and Ukraine, fertilizer costs have skyrocketed, putting the livelihood of farmers around the world in danger. To help individuals fight COVID and other health catastrophes in poor and developing nations, the South African Sherpas are said to have urged support for expanding the WTO’s patent waiver plan beyond medicines to include treatments.
The epidemic has hurt the sustainable development goals (SDG), but the G20 platform is in a unique position to provide leadership and financial resources and get the world back on track to reach the SDG.
Attendees at this panel discussion discussed India’s actions in the face of the pandemic.
When it comes to adopting, implementing, and monitoring the SDGs while also tailoring them to subnational and local realities, India has been at the forefront. While there is still much work to be done, many of India’s programmatic interventions have been effective in producing widespread change. India’s progressive methods, resources, and experiences in areas like digital transformation, particularly “data for development,” just green transition, women-led development, and economic growth for SDGs offer a wide range of lessons learned that other countries can use to overcome their own barriers to SDG acceleration.

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