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    MarketForces Africa » MarketForces News » G20 Launches Global Alliance to Reduce Hunger, Poverty

    G20 Launches Global Alliance to Reduce Hunger, Poverty

    Julius AlagbeBy Julius AlagbeNovember 19, 2024 News No Comments2 Mins Read
    G20 Launches Global Alliance to Reduce Hunger, Poverty
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    G20 Launches Global Alliance to Reduce Hunger, Poverty

    The G20 on Tuesday launched the Global Alliance against Hunger and Poverty to support the implementation of country-led, country-owned programmes aiming at reducing hunger and poverty worldwide

    According to the G20 Rio de Janeiro Leaders’ Declaration, this step will help in contributing to revitalising global partnerships for sustainable development. The G20 leaders renewed their commitment to work toward sustainably increasing agricultural productivity and reducing food loss and waste.

    They are also committed to recognising the interdependence of countries in achieving food security and nutrition, food safety, and sustainability through open trade policies consistent with WTO rules.

    They reiterated their commitment to the United Nations Development Agenda and reaffirmed their commitment to help developing countries better integrate into the global industrial, value and supply chains and accelerate their industrialisation and modernisation process.

    The leaders also acknowledged the impact of corruption on sustainable development, reaffirming their shared commitments and dedication to lead by example in the global efforts against corruption and related illicit financial flows.

    They reiterated the central coordinating role of the World Health Organisation (WHO) in the global health architecture and voiced support for drafting a WHO convention, agreement, or other international instrument on pandemic prevention, preparedness and response, with full respect for sovereignty of individual states.

    The leaders emphasised the critical role of quality education and training, including digital education, as an enabler for sustainable and socio-economic growth, recognising culture’s power and intrinsic value in nurturing solidarity, dialogue, collaboration and cooperation.

    They called for support of open and inclusive dialogue on the return and restitution of cultural property, including illegally exported property. The leaders also reaffirmed the importance of open and mutually beneficial international cooperation in research and innovation according to the declaration.

    The G20 Rio de Janeiro Leaders’ Declaration was adopted at the 19th G20 Leaders’ Summit which kicked off on Monday. #G20 Launches Global Alliance to Reduce Hunger, Poverty Naira Plummets to N1690/$ after CBN Priced Spot Rate High

    BRAZIL G20
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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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