November 21, 2020
3 mins read

G20 Summit: Saudi Calls For Equitable Access To Vaccines

Saudi King Salman bin Abdulaziz Al Saud at the opening remarks of the 2020 G20 Summit said: “We have a duty to rise to the challenge together during this summit and give a strong message of hope and reassurance to our peoples through adopting policies to mitigate this crisis.”

Saudi King Salman bin Abdulaziz Al Saud

Saudi King Salman bin Abdulaziz Al Saud on Saturday urged the G20 leaders to work towards fair and affordable access to COVID-19 vaccines, the Arab News reported.

King Salman was speaking during his opening remarks at the 2020 G20 Summit in Riyadh on Saturday. The Summit is being held virtually due to the ongoing coronavirus pandemic on November 21-22, chaired by King Salman.

“Although we are optimistic about the progress made in developing vaccines, therapeutics and diagnostics tools for COVID-19, we must work to create the conditions for affordable and equitable access to these tools for all peoples,” the official Saudi Press Agency quoted King Salman as saying.

“I am confident that the Riyadh Summit will deliver significant and decisive results and will lead to adopting economic and social policies that will restore hope and reassurance to the people of the world,” he said.

G20 Leaders’ family photo

“We have a duty to rise to the challenge together during this summit and give a strong message of hope and reassurance to our peoples through adopting policies to mitigate this crisis.”

According to Arab News report, the King said that the 20 largest global economies had contributed $ 21 billion to confronting COVID-19 and “took extraordinary measures to support our economies by injecting over $11 trillion to support individuals and businesses.”

Green development

Top European Union (EU) officials have called on leaders of the Group of Twenty (G20) to advance actions more ambitiously to build a more sustainable future, although the primary focus of the upcoming G20 Summit is believed to be fighting the pandemic.

At a joint press conference European Council President Charles Michel and European Commission President Ursula von der Leyen underscored the urgency and vital importance of tackling climate change, urging G20 partners to commit to the full and effective implementation of the Paris Agreement.

“The threat of climate change is no less urgent today than yesterday,” said Michel.

He advocated World Trade Organization (WTO) reform to make international trade policies greener as well as development of common standards for “green bonds” that mobilize savings for green investments, Xinhua reported.

“The European Union has started work on this. And we believe the G20 should urgently address the global issue of green finance,” Michel said.

Calling it “a big step forward”, von der Leyen noted that half of the G20 members, such as Japan, China, South Korea or South Africa, are already committed to achieving climate- or at least carbon neutrality by 2050 or soon after.

As an ambitious climate target announced in September, China aims to have CO2 emissions peak before 2030 and achieve carbon neutrality before 2060.

“Alongside fighting climate change, we need to focus global efforts on protecting our nature and addressing the alarming loss of biodiversity we see around the world,” von der Leyen noted.

She stressed the need of an ambitious global agreement at the next UN Biodiversity Conference in Kunming, China, in 2021, arguing that the increasing pressure on nature and wildlife is a major factor behind the rise of zoonotic diseases, and “it is a fertile breeding ground for future pandemics.”

Newsdesk

Newsdesk

Aravind Rajeev is Deputy News Editor at Asian Lite, mostly covering the Middle East and GCC. He has over eight years of experience as a journalist, with a background in ground-level reporting, crime reporting, as well as international and regional news.

Previous Story

Twitter Set To Hand Over @POTUS To Biden On Jan 20

Next Story

Palestine to exclude US from Mideast Quartet

Previous Story

Twitter Set To Hand Over @POTUS To Biden On Jan 20

Next Story

Palestine to exclude US from Mideast Quartet

Latest from -Top News

INDIA bloc leaders detained after nine-hour sit-in

INDIA bloc leaders protested against the Election Commission and demanded CEC Gyanesh Kumar’s resignation before being detained after a prolonged sit-in…reports Asian Lite News Desk Leader of the Opposition in the Lok

Dhaka Tops World Pollution Rankings

Dhaka recorded an AQI of 213 on Tuesday, placing Bangladesh’s capital at the top of the global pollution rankings….reports Asian Lite News Desk Bangladesh’s capital Dhaka was ranked the world’s most polluted

Beyond tariffs, India courts American capital

India is courting US investors and companies for greater capital, manufacturing and technology partnerships as Washington and New Delhi continue difficult bilateral trade negotiations…reports Asian Lite News Desk India is stepping up

Asia Wants Alaska Gas

JD Vance says Alaska’s long-delayed gas pipeline will move ahead, citing Asian demand, despite South Korea warning that its investment remains under review….reports Asian Lite News Desk US Vice President JD Vance
Go toTop