G20 leaders call for ceasefires in Gaza and Lebanon and address climate action in Rio summit
G20 leaders have called for comprehensive ceasefires in Gaza and Lebanon during their summit in Rio de Janeiro. They expressed deep concern over the humanitarian crises in both regions and supported a UN resolution for a permanent halt to fighting. The summit also focused on global poverty and climate change. Leaders endorsed taxing ultra-wealthy individuals and launched the Global Alliance Against Hunger and Poverty, with 81 countries participating. Argentina was the only G20 nation not to support the initiative. While discussions on climate change were highlighted, the final declaration lacked specific commitments. Leaders agreed on the need to significantly increase climate finance but did not specify how much wealthier nations would contribute to poorer countries by the upcoming COP29 summit.