G20 Summit: World Leaders Forge Historic Economic Cooperation Agreement
The G20 Summit in Brazil concluded with a landmark economic cooperation agreement. Leaders committed to coordinated climate action, digital trade frameworks, and a new global minimum tax rate for multinational corporations.
G20 leaders reach historic agreement
Summit Outcomes
The G20 agreed on a 15% global minimum corporate tax, digital trade rules for AI and data, and $500 billion in collective climate finance commitments. The agreement addresses long-standing coordination failures.
Climate Finance
Developed nations committed to providing $500 billion annually by 2030 for climate mitigation and adaptation in developing countries. The amount triples current commitments.
Digital Trade
New frameworks govern cross-border data flows, AI development standards, and digital taxation. The rules aim to balance innovation with privacy and security concerns.
G20 leaders forge a historic economic cooperation agreement, including a global minimum tax, climate finance commitments, and new digital trade rules.
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