South African President Cyril Ramaphosa announced on November 22, 2025, that the G20 Leaders' Summit in Johannesburg concluded with overwhelming adoption of a declaration emphasizing support for developing countries. The agreement, hailed as a milestone in multilateral cooperation, underscores climate action, debt sustainability, and inclusive growth as critical priorities for global stability.
Multilateralism in Action
Ramaphosa stated the declaration sends a "clear signal" that multilateral frameworks remain essential to addressing pressing challenges. "This year's outcomes prove collective action can deliver pragmatic solutions," he said, highlighting commitments to accelerate green financing and restructure debt burdens for vulnerable economies.
Focus on Climate and Equity
The summit's resolution aligns with broader Asian economic trends, where nations like India and Indonesia have recently advocated for equitable climate transitions. Analysts note the declaration could bolster regional partnerships, particularly in renewable energy infrastructure projects across Southeast Asia and Africa.
