the the . ringback the g 20 leaders failed to agree on financing climate change action. however, they have pledged support for multilateral lives in the global self and an open economy. but how would the group and force all of this and what will donald trump's return mean for the world order? this is inside story, the

have a welcome to the programs that are of any a leaders of the world's largest economies have wrapped up a 2 day meeting in brazil where they committed to tackling poverty and equality and climate change. the wars and ukraine in the middle east were also high on the agenda as we're a global trade and the world economy. but the elephant in the room in all of these discussions was donald trump. the incoming us president has pledged to change radically or reshape america's role in all of these areas. so will the commitments washington makes over the next 2 months survive under the new trump administration? and what's the future of the g 20 n multilateralism during another america? first presidency, we'll discuss all that in more 1st. so this report from the study of car as an emissions go for leaders of the world's top economies. speaking at the g 20 summit, brazil's president luis, ignacio eluded the silver, prioritize talking poverty, hunger and inequality. hope that's up to you. don't worry about that. it falls to

those gathered around this table to tackle the urgent task of ending this scourge that change humanity. for this reason, we've made the launch of a global alliance against hunger and poverty. the central goal of brazil's g 20 presidency. this will be our greatest legacy. those ambitions, however, are unlikely to match the american 1st agenda of the incoming us president with just 2 months until donald trump takes office. his 2nd term hung over every issue discussed in rio de janeiro on for western allies. at the summit, ukraine was top of the agenda after the us having just ease restrictions on ukraine's use of tax commission. i was against russia 1st, others to support key for me. trump has criticized the extent of us military assistance to ukraine and says he'll

end the war swiftly with a negotiated piece deal. one that would likely demand ukraine. c. territory captured by russia on israel's war and gaza and its escalating attacks and 11 non g . 20 leaders are a comprehensive ceasefire. trump has pledged to achieve what the byte administration has not ending the conflict in the middle east. but with this history of making concessions to israel, such as recognizing to respond as its complements, 1st term, many are skeptical. china as president, cheese and ping let calls for g 20 members to commit to global free trace. trump has threatened facing with punitive import tires and move economist warren will punish consumers on both sides. and then there's climate change funding for sustainable development, an energy transition for the focus on the final day of talk. somebody addition narrow hopes of any significant us contribution live with the president elect,

who says climate change is a hoax is expected to again pull america out of the powers climate agreement. in their joint declaration, leaders made brock commitments to continued cooperation on all these issues and more. but trump the 2nd term cas davis and whether the d. 20 spirit, a multi lateral doesn't, can survive the america 1st doctrine. for the a car, which is 0 for inside story the that's bringing all our guests in rio and attending the d. 20 events is laura car, valeo, director of economic and climate prosperity, the open society foundations in hong kong. as professor alejandro reyes a senior fellow at the central and contemporary china and the world at the university of hong kong annual, formerly a senior policy adviser in canada as foreign ministry. and joining us from a from morocco is ms. arm is sorry, a professor of international studies at a hawaiian university in

a global affairs. and let's welcome all of you to inside story. so in just a moment, i'll try and get a sense from all of you on just how are you for any international gathering right now, including of course this d. 20 can be as we await the, the, the, the transition between bite and, and trump. but laura says you're on the ground in rio. can you 1st describe what it's like for of yours and for people like myself? i've never been to g 20. what? it's like to attend to g 20 summit. what you've been doing there over the last 2 days and what you feel you've achieved are we, i mean the civil society, i'm academic so we're taking foreign, sorry inside advance. there is also a social just wanting to you last week. we change which gather as many as soon as society organizations funding for actors from different countries. i think tang academics for discussions. these are the so called just by teen gauge. my foods,

which are basically those were not, has of space or found government delegations who engage with the shows and make proposals for the governments to pursue during the just trying to the coloration and communicate which came out last night. i think this was one of the most part of the supercharge you try to process is that we had the results of leadership actually made sure to have a big social process as well as the the leaders in finance ministers. different we'll see, show tracks and so this is something that i think has to be raised off to prison, the presidency of the jeep springs. so this is a civil society groups that get together and provide ideas act a little bit as a, as a think tank or a large group of ideas for world leaders is that fair groups have match the entire year. so of course, this culminated in a, at the meeting and assignments last week and in the past 2 days. but these groups

has the creating policy proposals, policy research that has the with these, we also have some society organizations for math in different gatherings, myself along the faxing. this is the reach proposal that video has managed to include in the community care force. there's too many steps for this to be imagined, but the declaration that came out yesterday does mation infection disagrees business, and themes of has engaged many actors from different countries over time to put pressure on their leaders to make sure that this proposal for them and actually made it so this declaration, that's just an example of something that has involves many more people than the actual government delegations. and you know, we looked at like exam as advice and it easy to understand. where do you feel you were most successful?

do you have ideas you felt connected with world leaders or they weren't better received by world leaders than others? as well as any multilateral process, particularly with the global north and the developed countries not be as ready to coordinate more resources, rides for climates, finance for development, finance for many of the assets that are global solves countries having this moment . of course, it wasn't an easy process and now when the us selections, i think that process becomes even more difficult when we did manage springs the so have to the, for the 1st time and, and i'm president of, uh, did you trying to discussion that the issue of inequality at the core uh, inequality within countries in any policy between countries. this is the, the, at the center of the declaration that came out. we also have the proposal for tax corporation for, for tax the wealthy individuals that is made to the declaration on climate finance

. we have a roadmap for the multiple actual development banks and what they should do to be able to land more money and more affordable. uh, uh, finance for, for the climate transition in the global south. and there's also language in the, in the declaration on industrial policy and the developing countries and the need for them to back to as i knew and to be part of global volume change. so my sense is that this, in spite of the very difficult jo, fanatical context has been a no dishes. and one of the most progressive to trying to declare ations that we've ever seen, i would say. and, and i think that speaks to the role the global soft countries have wouldn't be well to actual process. and so the more role for the most of the countries, i think the more we can achieve, especially in this moment um with forced us to watch. yeah. it's really interesting

to get the perspective of somebody who's actually there, who's on the ground, and these are at least a 100. thank you very much for your patience up to this point or miss or is it? and maybe i'm being provocative here, or maybe not. you'll tell me, is it a waste of time to hold ag 20 when you don't really have a uh, the, the, the us president was about to be running the show 2 months from now. all the ways in the sense that the frequency that it was, that means that we focus too much on the you're assigned, but i think that's not fair to do with the work. i think that's a lot of things happening out of the us and a lot of things happen in other parts of the world in africa, asia, on south america. so. so focus on the use is, is way to uh, voltage from my point of your notes with the others to make your drawer and weight

of us. but things happen in the rest of the work and the agenda got uh, both to provide you brought up here is a testimony attribute. and so what's the global self can bring? the jew 20 is a place where it's an organization like the african union has a pace. so i'm gonna look that many or places where i can speak to read one voice and express it for concerns on the presented for $10.00. so i'm not saying that the g 20 is a wonderful under uh, but under these 2 beautiful book, i think that it is important to me to talk to address an agenda. will we go to trump? so with trump it to be far more difficult. but we got strong, but the things you'd be possible, i think also with both of the highlights,

if i can just jump in these are what's the highlights of this g 20 for you? what's the highlight of this g 20 for you? well, the 1st thing is this, from reading the brazilian products, it's obvious that this g 20 for the, for, for both of the 220 has been very important for the voice of the social society, the secret society and the, the, the, the, the import. it has had the own. yeah. john, god, that's the work. leaders have had. this is something you don't know where the district continue, but this is a very important generation. that's what brings the voices of those who are beating all the grow with issues. so i think that this is an important element and the, the fact that you focus too much on what states do we were, but folks with too much on what steps do we for the international solutions have not too many different levels of the huffman at the level for businesses,

but they also help promote the level of through society and the g. what's, what has, what's happened last week and via general thursday, friday, saturday. it was the voice of resistance to the station. children that of some or were leaders from the late to drop the are trying to bring to, to international relations. so i think that's it's important to go to hear these older voices um to um, to see that to sort of the to resist which has been taking place and out in gauge doctor's distance. alejandro. you've worked specifically, i believe when you were at the canadian foreign ministry some years ago you worked on proposals, right? submitting proposals for this forum and how it could work. um, how successful on a scale of one to 10, would you say this g? 20 is been you know?

oh that's a tough question. um i would say look um i think what laura mentioned the fact that civil society is participating and you have a b 20 process. the business community. you have a t 20. think tag community. you have l 20 labor. you have many different types of 20 g twenty's going on. when you focus on just the summit that's happening now. you forget that there's a whole process of the g 20 and the various streams that's going on throughout the year. and there are many discussions on many different issues. and so, you know, to give a grade to just the summit is, i don't think it's practical. i only it means any. okay, fine, drop, drop the great, let me rephrase that. let me rephrase the question for people who are not scholars

of international relations, right. and who looked at these 4 and, and kind of wonder, well, what does this mean for the world? you know, what's the take away from this? what would you tell them? so i would just go back to a little bit in history to the global financial crisis. when in 2009, you had a big meeting in pittsburgh and the g 7 at that time, the pretty new year for them for managing the global economy, essentially see to that position to the g 20. because you need a greater representation of developing economies emerging markets as well. you couldn't just manage the global economy using just the industrialized nations coming together. so that was really the coming of age of the g 20. now, they were very focused on the global financial crisis and trying to recover from

that, but not at the g. 20 is at the summit level, is, has expanded to its agenda. you know, it's more difficult for them to come and establish a consensus when your agenda has got much broader interest, social issues and to climate. when they were focused on recovery from the global financial crisis. i would say it showed how essential the g 20 was at that time. but in the intervening years we've been challenged. how effective is the g 20 today when it's agenda has brought in and just to brought here to the credit? well, i would argue that maybe it is. i'm a co emmanuel, i'm a crime. the president of france has come out and said, you know, the g to the g 20 is a form is not working. you know, it, but it, it produces statements that you said nobody reads. and so, you know, what?

i'm all for a, getting up talking about hunger, talking about poverty, talking about climate change. but when you have a, a global, a forum of so many participants. it's great to hear the voices, but at the end of the day, decisions or statements are based on the lowest common denominator agreements. in other words, there, it has to be united imagery for any statement to be made. and that creates difficulty in terms of effectiveness of an organization of any multilateral organization. laura, so as you explain to us at the top of the show that you took part in the, the civil society work right? ground work leg work to promote ideas, to submit to world leaders, and that you also explained that a lot of the final communicate drew on these ideas on any quality fighting

inequality, poverty and hunger on taxing. the super rich on climate finance. there isn't an enforcement mechanism at the g 20 right. how? so for somebody like yourself, how do you think about that? how limiting is that? because you couldn't make the argument that if you just read that communicate with absence and enforcement mechanism, it's the wish list. that's true and i think we shouldn't be over some rates in the role of the g. busy i, i completely agree that this is not a process that connects, implement things, right? it's not the un which has a mandate for us some issues or that we cc, which has a matter of it's for other uses of them though it's a smaller club. so that can actually have policies that come out of it. did you twenties, mostly a farm for proposals or for phasing the way, then these proposals need to be picked up in order to be to move forward. they need

to be picked up by um the financing for development compress. i'll see you when by cost, by other multilateral spaces and by the countries themselves in, in union latch or the ride in some of these issues, initiatives. but i would say that for ease those we've seen in the past in the past couple of years, i found is that based on stage months on, for example, the role of multilateral development bangs and how they could be thinking of more risk to learn more money. at affordable interest rates for countries who engage in that kind of transition just to be connected. so this has been a report from experts before and it came into the community care of the jeep sprayed to couple of years ago in the last 2 changes in a roadmap by the world bag that had to is phone to that and change its structure. i

don't want to over see this. i think it's way less than what we need to do. there needs to be more commitment of capital to them. the fees, which is not part of the agenda. but anyway, we saw a response from the bank that had to give her response to that, to st. changes right to the collision. and now that roadmap actually has been completely published in the finance tract of this just writing. so now the immediate steps that will be taken by the world, but is to comply with that every farm and you and so that, that can be, i think for somebody just it is a 1st step that makes things easier. but of course we have to con sanders with to put pressure into working big spaces to, to guide the international financial institution, or the rich countries to actually comply with what they said. ok. but it just started with some language. it's better than nothing. right? and, and i would say that given the minimum common denominator problem that has to be mentioned, it's even surprising with all the jo,

political problems that this world is facing. that's the least even a declaration that has come on ground right. with those points of countries plus the applicant and the 6 of the, the policy that speaks on faxing, the super rich we're talking about the country is governed by very different political coordinations here. so i, i have to say i was surprised that these things even made to the declaration, especially knowing how diplomacy works. and these processes are really hard in a moment of war. like i want to take this. so i was surprised that it has such a progressive, i'm because i just went to the corporation and i think this has been a little bit different look up to okay, i gotta, i gotta, i gotta go take this to it and is our a and share of the, the talking time. this are you were making a really interesting point. earlier you were saying, look, everything doesn't revolve around the us just because, you know, the, you were in

a moment of political transition in the us. and just because trump may not be on board is that we know he's not on board with the majority of the things that are in this g 20 communicate the world can still act, can still move on. things can still be done, absent than us or outside of the us is orbit. can you expand on that and maybe give us some examples of where you think, you know what the world can achieve, things that are not necessarily what trump will try to achieve the same, that one of your agendas is discharging the visit in government for just the proposed of for fighting hunger and poverty. this is something that will not be present on a gathering like this one if you to a note for the president, presidents of the 20000000 or no other many other countries from the global so well

to propose this. so defense, that's all these uh, the word leaders have agreed on coming to june the, the internet and the inter american development bank has more realized funds to a viewed with the issue. all these things mean that of a things done happen when there is a, i mean like in leadership from, from global leaders who i go to in to jo jo, to direction and the to run the risk of positioning myself. when i speak from, we see the last night stipulation on god's offering, it seems as more words and more words. we mean, people are dying gossip, people are dying to live on a recall for a sci fi, you're in the normal position, offer off

a peacekeeping force that is normally their shoot you the front of the front of 2 people. there is no longer position to the front of deliberate these people. oh does was, there is a, there is an agenda and were there is the response signature to protect we agreed on these things many years ago, but it seems that the students of the buttons are not do not deserve to be protected. so the us human beings who are the most of the genocide, but by the 5th of these most, i think that's this is my frustration for what i speak from from my place that we there are words that i've just said there. i do not mean anything because these works too much in part because unfortunately i alexandra reyes. you describe yourself as an unapologetic globalist. so and i saw some of your reaction to what was being said, but yeah, i saw that on your twitter feed, that you would describe yourself as an unapologetic global, as i assume you have some trepidation,

maybe some fear is based on your social media posts that have been reading on what may be ushered in with the next trump presidency. to make me let me make 2 points. one is again, i go back to the global financial crisis. after that, you saw the g 20 act in terms of reforming international financial institutions. i m f world bank trying to make the quote, a system more equitable, give greater voice to developing economies including china, so that perform kind of move forward, but then stalled a bit. and then you also had a movement towards the um, global minimum tax that was made by a g 20. i mean these are i agree measures or at least steps initiatives that came out of the g 20 that were to some extent or move forward. but once you

get them to the room, you know, climate planning, but finance. why didn't the agenda, i go back to that and you're talking about does your green again, trying to get anything meaningful is very difficult. now your question, if you have a trump who's coming in to office, who is clearly a disruptor in terms of the multilateral system, just think that to the disruption that occurred in the 2018, i believe i do 20 meeting in charlotte y and come back in canada, we're a really upset the apple cart or um, you know, on the rise and we'll trump the, a similar disruptive the g 20. well, we've had 3 years now in the brazil next year, south africa. a great track of the global south hosting were being president of the g 20,

who's present in 2026. donald trump. so donald trump will be president of the us, will be president of the g $20.20 to $6.00. and i can tell you, the donald trump would love to be host of a multilateral organization like the g 20 at one of his properties, one of his golf clubs or whatever. i'm sure that might be the case, but he won't miss a chance to be studying the world stage and directing all these leaders coming to the united states. so maybe there might be hope. if donald trump sees 2026 is opportunity for him to show off his america 1st agenda on the international stage. okay, i want to think all or guess that's the time we have for today. thank you so much. the laura car valeo alejandro reyes and these are miss sorry for joining us and thank you to for watching. we can see the program again any time by visiting our website alpha 0 dot com and for further discussion good. our facebook page,

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