G-20 Summit at Indonesia (November 16, 2022) - CSEET current affairs

Prime Minister Shri Narendra Modi visited Bali, Indonesia from November 14-16 to attendthe 17th G20 Summit at the invitation of the President of Indonesia, H.E. Mr. Joko Widodo. During the Bali Summit, G20 Leaders deliberated extensively upon key issues of global concern under the Summit theme of "Recover Together, Recover Stronger”.

Three workingsessions will be held as part of the G20 Summit Agenda - food and energy security; health;and digital transformation.The leaders promised to take coordinated action to address food security challenges and applauded the Black Sea grains initiative. They also agreed to pursue efforts to limit the global temperature increase to 1.5 degrees Celsius - confirming they stand by the temperature goal from the 2015 Paris Agreement on climate change.

In his address on Digital Transformation, PM Modi highlighted the role of India in global Financial Inclusion. Leaders recognised the importance of digital transformationin reaching the sustainable development goals.

Leaders across the world expressed their continuous commitment to promoting a healthy and sustainable recovery which builds towards achieving and sustaining universal health coverage. They welcomed the establishment of a new financial intermediary fund for pandemic prevention, preparedness and response (the ‘Pandemic Fund’) hosted by the World Bank.

On the sidelines of the Summit, Prime Minister Narendra Modi hold bilateral meetings withhis counterparts.