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G20 Delivered Strong Message Of Recovery From COVID-19: Goyal

The G20 has identified sustainable, responsible consumption and production, along with the provision of finance & tech as “critical enablers” for achieving climate goals of keeping 1.5 degrees within reach.

Photo Credit : Piyush Goyal's Youtube

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Union Minister of Textiles, Commerce and Industry, Consumer Affairs and Food and Public Distribution, Piyush Goyal while addressing the forum.

India will continue to be a voice for the common citizens of developing countries and emerging market economies in the G20, said Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal, on Sunday.

While media briefing on the outcomes of PM Modi’s participation in the G20 Summit, in Italy, Goyal expressed his satisfaction at the recognition of COVID-19 immunisation as a  global public good by the G20, and at the extension of the G20 Debt Suspension Service Initiative (DSSI) till the end of this year, which would result in debt deferment of  $ 12.7 bn between May 2020 and Dec 2021, benefitting 50 countries. 

"India had pushed and obtained consensus on improving the livelihoods of small and marginal farmers. On energy and climate, instead of only focusing on the climate goals, India along with other developing countries was able to introduce language on what actions need to be taken including by developed countries to achieve these goals," said Goyal. 

The G20 has identified sustainable, responsible consumption and production, along with the provision of finance & tech as “critical enablers” for achieving climate goals of keeping 1.5 degrees within reach.

"This is in line with the PM's vision of promoting the mantra of sustainable lifestyles all over the world. Sustainable consumption and responsible production patterns are coming from SDG 12, and is aimed at encouraging developed countries to reduce their luxurious energy-intensive lifestyles," Goyal added. 

He also said that India has pushed for the inclusion of the principle of Common but Differentiated Responsibilities and Respective Capabilities (CBDR-RC), enshrined in the UNFCCC and its Paris Agreement, as the basis for climate action. “India pushed for an explicit recognition that the goal of developed countries making available $100 Bn per annum through 2020  has not been achieved, and is expected to be met no later than 2023”, he added. 

Meanwhile, this was Modi's 8th G20 Summit since 2014 and 1st in-person summit since the Osaka Summit in 2019. 

The theme of the Summit under the Italian Presidency was ‘People, Planet, Prosperity,' with an overarching theme of recovery from the pandemic across pillars of health, economy, employment, education, tourism, and climate action. 

Modi participated in all three summit sessions- on the global economy and global health; climate change and environment and sustainable development. 


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PM Modi piyush goyal g20 rome italy