This has become the final session of the G20 2024 Finance Track
Speaking at the opening of the G20 Ministerial Plenary, Brazilian Finance Minister Fernando Haddad said that the Brazilian G20 Presidency had sought consensus and presented historic documents and an agenda with recommendations to increase access to vertical and environmental funds, as well as a series of G20 Notes on issues such as inequality, debt and climate change.
He argued that the very existence of the G20 is proof that global economic governance is evolving, reflecting important changes in the world economy. This is reported by Agencia CMA, a partner of TV BRICS.
He emphasised that G20 countries must focus on substantially increasing climate finance. A rapid and equitable energy transition that does not conflict with the protection of life, livelihoods and biodiversity around the world must be promoted.
Photo: iStock
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![Joao Paulo Capobianco]()
Joao Paulo CapobiancoBrazilian Minister of the Environment and Climate Change"The BRICS countries have a very high level of responsibility because they share an important part of the world's biodiversity, landscapes, populations, food production and water resources. So, we have an opportunity to lead by example. We have our development bank, which can demonstrate and develop new ways of financing programmes. We can reduce the risks for private capital to invest in restoration and efforts to combat desertification" -
![Dilma Rousseff]()
Dilma RousseffPresident of the New Development Bank"India’s BRICS Presidency this year gives special significance to our discussion. NDB stands ready to be a trusted partner in turning commitments on sustainability, clean energy, smart and resilient infrastructure into concrete results on the ground. […] For NDB, mobilising private capital is a strategic imperative. Created by the BRICS founding members, NDB is a bank of the Global South, for the Global South, mandated to mobilise resources for infrastructure and sustainable development" -
![Sihasak Phuangketkeow]()
Sihasak PhuangketkeowDeputy Prime Minister and Minister of Foreign Affairs of Thailand"BRICS can play a very important role in maintaining the free flow of trade and investment. The group can also be a vehicle for all of us to engage and to look at economic opportunities"
