Overview
- Leaders approved a 122‑point document on the summit’s opening day, with South Africa hailing renewed multilateral cooperation despite Washington’s boycott.
- The declaration calls to scale climate finance “from billions to trillions” and backs a G20 Critical Minerals Framework to bolster just energy transitions and value capture for producer nations.
- South Africa released the text at the start of the meeting and, according to host statements and reports, declined the traditional ceremonial handover to the U.S. following sharp U.S. criticism of its presidency.
- Prime Minister Narendra Modi announced a six‑point agenda and urged a global AI compact, inviting countries to India’s AI Impact Summit in February 2026 and pressing for a talent‑mobility framework.
- India set a USD 50 billion bilateral trade target with Canada by 2030 and unveiled an India‑Italy joint initiative to counter terror financing, alongside a slate of leader‑level meetings.