In Davos, the president of , Cyril Ramaphosa, stated that the world is living in an era of protectionism and isolation, especially among the richest countries. He warns that the behavior mainly affects the poorest nations, which depend on international cooperation and external financing to sustain their economies.
“The persistence of inequality between countries impedes the development of the poorest,” said Ramaphosa.
In this context, the South African president highlighted that the mission of the G20, chaired by South Africa this year, will be focused on promoting solidarity, combating inequality and encouraging sustainable development.
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Among the G20’s priorities, he commented, is financing and supporting initiatives aimed at the energy transition, with a focus on more sustainable energy sources. The objective, he said, is to combat the global climate emergency.
“We need to recognize the damage that climate change has already caused to the world,” declared Ramaphosa, highlighting that global economic objectives must be achieved without compromising future generations.
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According to the South African leader, the world is already facing disasters caused by climate change, such as the fires in Los Angeles.
He warned that while richer countries like the US have the resources to rebuild after such disasters, poorer countries face difficulties. “We need to guarantee post-disaster reconstruction for poor countries,” he stated, highlighting the role of the G20 in this process.
On South Africa’s attractiveness to investors, Ramaphosa highlighted that the country has achieved political stability through a focus on economic growth, job creation and combating corruption.
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He reinforced that South Africa implemented “major economic reform programs” and overcame the energy crisis, remembering that the country has “been without a blackout for almost a year”.
