The G20 wants to ensure a fair distribution of corona vaccines



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Trump used his likely last appearance to attack the Paris climate agreement. It was decided to “kill the American economy.”

The major economic powers want to work together to ensure that affordable corona vaccines are distributed fairly around the world. In the final declaration of their G20 summit on Sunday, they also resolved to do everything possible to get the struggling world economy back on track. As always in recent years, US President Donald Trump stepped out of line when it comes to protecting the climate.

Trump used his alleged last appearance on a major international stage to attack the Paris Agreement to reduce global warming. It was decided to “kill the American economy.”

However, the main theme of the two-day summit video was the fight against the corona pandemic, which has already cost almost 1.4 million lives around the world. The virus has spread to almost every country in the world. With its final statement, the G20 group responded to fears that poor countries could be severely disadvantaged in the distribution of vaccines. “We will spare no effort to ensure affordable and equitable access for all,” he says. The group also pledged to provide funding for the International Vaccine Distribution Initiative (Covax). There will be a deficit of US $ 6 billion by the end of 2021.

Getting the virus under control is key

Keeping the virus under control is key to recovering the world economy, according to the statement. “We are determined to continue to use all available political instruments … to protect people’s lives, jobs and incomes,” he said. The objective is “to support the global economic rebound and strengthen the resilience of the financial system while avoiding downside risks.”

Poor countries have the prospect of further debt relief. In the next year it will be verified whether the economic-financial situation requires a six-month extension of the agreed repayment period until June 2021. There is still a lack of participation from private lenders. The G20 asks them to participate in the initiative under comparable conditions if the interested countries so request.

When it comes to climate protection, Trump turned around and used his public video message to attack the Paris Agreement. Under his leadership, the United States withdrew from the deal so as not to lose “millions of American jobs and trillions of dollars” to the “world’s worst polluters,” Trump said. Even without “unilateral international agreements”, your government has done a lot to protect the environment.

Merkel on the climate agreement: “We see it differently”

German Chancellor Angela Merkel confirmed after the summit that there have been “differences of opinion” with Trump on the climate agreement. “I think from our point of view we have to say that we see it differently,” Merkel told a news conference. “In this sense we have a difference of opinion, but it is not new.” Now it’s important to address US President-designate Joe Biden’s ideas on climate protection issues.

The 2015 agreement to reduce global warming was signed by almost every member state of the United Nations, including the major economic powers. The United States was the only country to come out of Trump.

At the G20, where the major economic powers have joined, there has been no consensus on the issue since Trump took office. At the summit hosted by Saudi Arabia on Saturday and Sunday, the focus was once again on fighting the corona pandemic.

Trump lost the election on November 3 to Democrat Joe Biden and will be replaced as president of the United States on January 20. Therefore, your video conference appearance will likely be your last at an international summit. The president of the United States, obviously, still did not want to say goodbye to the other heads of state and government. According to a report by the British “Oberserver”, based on an audio recording of Trump’s speech at a closed G20 meeting, the president said: “It has been a great honor working with you and I look forward to working with you again during long time “.

Biden wants to rejoin the climate deal

Biden has already announced that he wants to rejoin the climate agreement. In general, it is expected to bring about a radical change in dealing with international organizations and agreements, in which Trump was hardly interested.

At the end of the G20 summit, Merkel praised the cooperation of the major economic powers in fighting global crises. The final declaration breathes “the spirit of multilateral cooperation,” said the German chancellor. That is “very important at this time.” The corona pandemic is a global challenge that only everyone can answer, he said. The G20 states had contributed to multilateralism and the global fight against challenges to play an important role.

Development organization One, for its part, saw “a lot of shadow and some light” in the results of the summit. Decisions remain vague, One director Stephan Exo-Kreischer said. In the case of debt relief, only what had already been agreed was repeated. “And that’s terribly small.” A “small ray of hope” was that the G20 wanted to meet global funding requirements for the development, manufacture and distribution of corona vaccines. By the end of 2021, $ 11 billion would have to be made available for the Covax vaccine initiative.

(WHAT)

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