G20 leaders meet in Rio to address climate funding and poverty issues
G20 leaders met in Rio de Janeiro, focusing on climate funding, poverty alleviation, and a proposed tax on the ultra-rich. Unlike previous summits, the final statement avoided direct criticism of Russia regarding the Ukraine conflict, reflecting a need for consensus among members. The summit emphasized the urgency of humanitarian aid in conflict regions and reaffirmed support for a two-state solution between Israel and Palestine. Brazilian President Lula da Silva highlighted initiatives to combat hunger and poverty, gaining support for new funding pledges. While the leaders recognized the need for climate finance, they did not commit to transitioning away from fossil fuels. The proposed tax on billionaires was discussed, but no binding agreement was reached, leaving its future uncertain amid differing national interests.