Climate change and revitalizing the world economy will be high on the G20 “s agenda when the heads of state of the world’s most advanced nations meet Saturday, the first face-to-face reunion since the pandemic.

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The OECD says a 15 per cent minimum global tax rate for companies could increase world tax revenues by $150 billion a year.

The leaders of the world’s most advanced countries are expected to meet at the Rome G20 summit on Saturday to reach a consensus on the most pressing global issues, but a way to tackle climate climate change and vaccine egality is yet to be reached.

A safer bet on concrete progress at the G20 is taxation, as the group is expected to adopt the international minimum tax rate of 15% for multinationals now that almost 140 countries are on IMF-mediated terms.

“G20 commitment on the need to limit the rise in temperatures to 1.5 degrees”Mario Draghi

Summit host Mario Draghi, Italy’s prime minister, called for a “G20 commitment on the need to limit the rise in temperatures to 1.5 degrees” relative to pre-industrial levels, the most ambitious target in the 2015 Paris climate accord.

A lot at stake: UN Secretary General Antonio Guterres urged G-20 leaders on Friday to show “more ambition and more action” and overcome disharmony to move climate goals forward.

Brazilian President Jair Bolsonaro, meanwhile, has been adamant about getting his country to pay for the protection of its Amazon share.



2010 G20 Seoul summit

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The 2010 G20 Seoul Summit was the fifth meeting of the G20 heads of government/heads of state, to discuss the global financial system and the world economy, which took place in Seoul, South Korea, (wikipedia)


Mario Draghi

Mario Draghi is an Italian economist, banker, academic, and civil servant who is the current Prime Minister of Italy since 13 February 2021. (wikipedia)


Boris Johnson

Alexander Boris de Pfeffel Johnson is a British politician and writer serving as Prime Minister of the United Kingdom and Leader of the Conservative Party since July 2019. (wikipedia)


OECD

The Organisation for Economic Co-operation and Development is an intergovernmental economic organisation with 38 member countries, founded in 1961 to stimulate economic progress and world trade. (wikipedia)


2022 G20 Bali summit

The 2022 G20 Bali, Indonesia summit is the upcoming seventeenth meeting of Group of Twenty , the summit scheduled to take place in Bali, Indonesia, in 2022. (wikipedia)


2021 United Nations Secretary-General selection

A United Nations Secretary-General selection was held in June 2021 to choose the Secretary-General of the United Nations. Incumbent Antonio Guterres was the only official candidate for the position. (wikipedia)


Joe Biden

Joseph Robinette Biden Jr. is an American politician who is the 46th and current president of the United States. A member of the Democratic Party, (wikipedia)


2021 G20 Rome summit

The 2021 G20 Rome summit is the upcoming sixteenth meeting of Group of Twenty , scheduled to take place in Rome, the capital city of Italy, on 30–31 October 2021. (wikipedia)

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2010 G20 Toronto summit

The 2010 G20 Toronto summit was the fourth meeting of the G20 heads of state/government, to discuss the global financial system and the world economy, (wikipedia)


Presidency of Joe Biden

Joe Biden’s tenure as the 46th president of the United States began with his inauguration on January 20, 2021. Biden, (wikipedia)


Premiership of Boris Johnson

The premiership of Boris Johnson began on 24 July 2019 when Johnson accepted Queen Elizabeth II’s invitation, at her prerogative, to form a new administration. (wikipedia)


Apple TV+

Apple TV+ is a subscription video on demand streaming television service by Apple Inc. It debuted on November 1, 2019, having been announced during the March 2019 Apple Special Event, (wikipedia)