Saudi Exchange approves Morgan Stanley Saudi Arabia as Market Maker on eight listed securities    Syria forms independent commission to investigate Latakia and Tartus violence    King Faisal University registers 631 patents in 2024    Princess Haifa hands credentials to French president as ambassador to Andorra    Saudi Arabia enhances security and services at Prophet's Mosque during Ramadan    Saudi Arabia's GDP grows 1.3% in 2024, driven by non-oil sector expansion    Saudi Awwal Banks becomes first bank in Saudi Arabia to win Sustainability Program Award 2024 at Capital Markets Forum    Saudi Arabia spends $724 million to implement 1,072 projects to empower women in 79 countries    Israeli army arrests 16 Palestinians in fresh West Bank raids    South Korea's political crisis deepens as rival protests erupt over impeached President    Al-Ahsabah Valley: A scenic retreat in Al-Baha    World Bank estimates Lebanon needs $11 billion for economic recovery and reconstruction    Al Shabab stuns 10-man Al Nassr with late equalizer; Al Hilal closes gap at the top    Saudi taekwondo star Dunia Abu Talib wins IOC gender equality award for Asia    Mitrović returns to boost Al Hilal ahead of crucial clashes, Savić sidelined    Kanté rescues Al Ittihad with last-gasp equalizer against Al Qadsiah    Real-life shipwreck story wins major book award    Islamic Arts Biennale celebrates Ramadan with 'Biennale Nights' in Jeddah    Nora Razian and Sabih Ahmed appointed artistic directors for 2026 Diriyah Contemporary Art Biennale    UK death rate 'reaches record low'    King Salman prays for peace and stability for Palestinians in Ramadan message King reaffirms Saudi Arabia's commitment to serving the Two Holy Mosques and pilgrims    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



UN chief highlights crucial role of G20 in resolving global crises
Published in The Saudi Gazette on 15 - 11 - 2022

With the global population now at eight billion and growing, action or inaction by the world's largest economies, the G20, will be critical to determine if everyone gets to live on a peaceful and healthy planet, UN Secretary-General António Guterres said at a press conference in Bali, Indonesia, on Monday.
Speaking on the eve of the G20 Summit there, the UN chief appealed for the bloc to support his initiatives to address climate change, sustainable development, the worldwide food and energy crises, and digital transformation.
The Summit is taking place at "the most pivotal, precarious moment in generations", he told journalists.
Geopolitical divisions are sparking new conflicts, and making old ones hard to resolve, while "people everywhere are getting hit from every direction" by climate change and the rising cost of living.
"The G20 is ground zero for bridging divisions and finding answers to these crises and more," he said.
As climate change is "the defining challenge of our age", the secretary-general reminded these countries that they produce 80 per cent of all global emissions.
He has proposed creating a Climate Solidarity Pact, bringing together developed and emerging economies to combine resources and capacities to benefit everyone on the planet.
He said it would see wealthy nations and international financial institutions provide funding and technical assistance to support emerging economies in accelerating their transition to renewable energy.
The deal will help end dependence on fossil fuels while providing universal, affordable, sustainable energy for all.
"G20 leaders can make or break the Climate Solidarity Pact that I intend to present again tomorrow. Under this pact, they would make extra efforts this decade to keep the limit of 1.5 degrees alive," said Guterres, referring to the goal to cap global temperature rise.
Developing countries are also unable to access finance needed to achieve the Sustainable Development Goals (SDGs), which include reducing poverty and hunger and investing in healthcare and education.
"The SDGs are issuing an SOS," he warned. "I therefore urge G20 economies to adopt an SDG stimulus package that will provide governments of the Global South with investments and liquidity, and offer debt relief and restructuring."
Guterres noted that a majority of the G20 countries are on the boards of multilateral development banks "and so they can and must make it happen."
The secretary-general will also use the Summit to highlight the food and energy crisis generated by the war in Ukraine.
Focus will be on the need for urgent action to prevent famine and hunger in a growing number of places around the world.
He said the UN-brokered agreement on Ukrainian grain exports, as well as efforts to ensure Russian food and fertilizers can access global markets, are essential to global food security.
The Black Sea Grain Initiative has already helped to stabilize markets and bring food prices down, he added.
Meanwhile, engagement continues around access for Russian food and fertilizers, as well as renewal of the landmark deal, which was signed in July and set to expire later this week.
"On energy, the war in Ukraine has clearly demonstrated the dangers of our addiction to fossil fuels. It is the best possible argument for the fastest possible transition to renewable energy," he said.
On Saturday, the World Food Program (WFP) announced that it plans to facilitate the donation of 260,000 metric tons of fertilizer by the Russian fertilizer company Uralchem-Uralkali to countries in most need in Africa. WFP said it was grateful for the contributions and support.
The first shipment will be loaded onto a WFP-chartered vessel from the Netherlands next week. It will sail via Mozambique, with Malawi as the final destination.
He concluded by underlining the need for leadership in the digital transformation and for "guardrails" on technology.
"Powerful tech companies are running roughshod over human rights and personal privacy and providing platforms for deadly disinformation, in pursuit of profit," he said.
"Let's be clear: disinformation kills. Undermining public health kills and these are life-and-death issues."
Guterres is proposing a way forward based on a Global Digital Compact for an open, free, secure, and inclusive Internet.
The Compact calls for universal connectivity via a "human-centered digital space" where free speech and privacy are protected, and which promotes the safe and responsible use of data.
The UN chief has also called for a global code of conduct that promotes integrity in public communications as well as information literacy. — UN News


Clic here to read the story from its source.