New Initiatives Proposed by PM Modi at G-20 Summit
Context:
At the G-20 Summit in Johannesburg, Prime Minister Narendra Modi proposed a series of new initiatives aimed at addressing global challenges in health, skills, and security.
Key take aways of the G20 Summit 2025:
First G20 Leaders' Summit held in Africa. Declaration emphasizes Ubuntu philosophy — "I am because we are" — reflecting interconnectedness for multilateral cooperation.
The summit highlighted the need to reform global financial architecture (IMF, development banks) and better reflect the voice of the Global South.
Channelled over $100 billion in Special Drawing Rights for countries in need.
Urgent need to scale climate finance from billions to trillions. Developing countries need $5.8-5.9 trillion for nationally determined contributions before 2030
Welcomed G20 Critical Minerals Framework to secure sustainable value chains. Focus on investment in mineral exploration and local beneficiation in developing countries
Pledged to reform UNSC through transformative process aligning with 21st-century realities.
Key Initiatives Proposed:
G-20-Africa Skills Multiplier Initiative:
A commitment to impart skill development training to one million people across the African continent.
G-20 Global Healthcare Response Team:
A proposed body to strengthen global responsiveness to health crises.
G-20 Initiative on Countering the Drug-Terror Nexus:
It is aimed at tackling the serious challenge of drug trafficking,
It also serves as a significant financing channel for terrorism.
Global Traditional Knowledge Repository:
To preserve and transmit sustainable, eco-balanced ways of life to future generations
G-20 Open Satellite Data Partnership:
To facilitate the sharing of information related to agriculture, fishing, and disaster management.
G-20 Critical Minerals Circularity Initiative:
It is designed to promote efficient recycling and sustainable mining methods for critical minerals.
ACITI Partnership:
The PM announced the Australia-Canada-India Technology and Innovation Partnership to deepen cooperation in artificial intelligence, clean energy, and resilient supply chains.