G20 and COP29 Summits Address Global Crises with Limited Consensus

World leaders focus on climate finance, humanitarian aid in Gaza, and Ukraine conflict, but struggle to reach detailed agreements.

• At COP29 in Baku, negotiators discuss increasing climate finance for developing nations, with debates over leveraging loans versus grants amid concerns of increased debt.
• G20 leaders in Rio call for more aid to Gaza and stress the need for peace in Ukraine, though the declaration lacks specific measures and avoids directly blaming Russia or Hamas.
• Brazil's President Lula emphasizes issues of the Global South, including hunger, climate change, and taxing billionaires, despite resistance from some member countries.
• The G20 declaration supports the reform of the UN Security Council to better represent underrepresented regions, though no concrete steps are outlined.
• German Chancellor Olaf Scholz faces domestic political challenges over his candidacy while engaging in critical discussions at the G20 summit.

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