Table of Contents
- 1 More effective taxation of the rich
- 2 Alliance Against Hunger founded
- 3 What now? – The daily morning overview
- 4 Thank you! We have sent you an email.
- 5 Taxation of the rich
- 6 What measures are being taken by the Global Alliance Against Hunger and Poverty to ensure the effectiveness of cash transfers in lifting people out of poverty?
The G20 countries surprisingly agreed on one on the first day of their summit in Rio de Janeiro joint final declaration agreed. The host Brazil managed to incorporate the most important points of its G20 presidency into the document: the fight against hunger and global warming as well as a reform of international organizations. In the meantime, it was assumed that Argentina’s ultra-liberal President Javier Milei did not agree to individual points.
As was the case at the summit in India last year, the Russian war of aggression in Ukraine was no longer explicitly condemned. At the meeting in Bali two years ago, a majority of countries did this. Regarding Ukraine, the countries said they welcome “all relevant and constructive initiatives that support a comprehensive, just and lasting peace” in the country.
More effective taxation of the rich
In the document, the leaders also called for a “comprehensive” ceasefire in both the Gaza Strip and Lebanon. They also demanded the release of all hostages kidnapped by Hamas.
The heads of state and government of the leading industrialized and emerging countries also want to work for effective taxation of the super-rich in the future. They also reaffirmed the internationally agreed goal of limiting global warming to 1.5 degrees. However, there is no mention of phasing out fossil fuels. Instead, the document only talks about a gradual phase-out of “inefficient fossil fuel subsidies.”
Alliance Against Hunger founded
The Global Alliance Against Hunger and Poverty was also launched in Rio. Details of the plan are not yet known, but its ambitious goal is to lift 500 million people out of poverty by 2030 through cash transfers and social security systems. There is a lack of knowledge or resources, but of political will to give people access to food, it said in the final declaration.
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The G20 states also declared that they wanted to work towards reforming the UN Security Council. The most important organ of the United Nations should therefore become more representative, inclusive, efficient and democratic.
The G20 group of states includes large industrialized and emerging countries, the EU and the African Union (AU).
Taxation of the rich
More on the topic
Z+ (subscription content); Achim Steiner: “It’s not about punishing rich people”
Z+ (subscription content); Wealth tax: How the super-rich could help
Z+ (subscription content); Esther Duflo: What is the price of a human life?
The G20 countries surprisingly agreed on one on the first day of their summit in Rio de Janeiro joint final declaration agreed. The host Brazil managed to incorporate the most important points of its G20 presidency into the document: the fight against hunger and global warming as well as a reform of international organizations. In the meantime, it was assumed that Argentina’s ultra-liberal President Javier Milei did not agree to individual points.
As was the case at the summit in India last year, the Russian war of aggression in Ukraine was no longer explicitly condemned. At the meeting in Bali two years ago, a majority of countries did this. Regarding Ukraine, the countries said they welcome “all relevant and constructive initiatives that support a comprehensive, just and lasting peace” in the country.
What measures are being taken by the Global Alliance Against Hunger and Poverty to ensure the effectiveness of cash transfers in lifting people out of poverty?
1. How does the Global Alliance Against Hunger and Poverty plan to lift 500 million people out of poverty by 2030 through cash transfers and social security systems?
2. What are the specific reforms proposed for the UN Security Council in the G20 declaration, and why is it important for the council to become more representative, inclusive, efficient, and democratic?
3. How significant is the taxation of the wealthy as a means of addressing global issues like poverty and climate change, according to the articles linked in the topic box? Are there any potential drawbacks to this approach?
