Brazil’s President Luiz Inácio Lula da Silva faces a complicated picture of competing global crises this November as world leaders descend on Rio de Janeiro for the G20 summit. Key issues under discussion will range from green finance and a tax on billionaires, to attempts to reform global institutions and efforts to ensure greater coordination on climate adaptation and mitigation.
Uncertainty over the result of this year’s US presidential election, together with geopolitical tensions arising from wars in Ukraine and Gaza, will probably mean the two-day assembly steers clear of divisive challenges in favour of seeking consensus on softer issues.
Lula eyes Brazil’s G20 summit with plan to tax billionaires
Brazil’s president is likely to target ‘softer’ issues at this November’s gathering – but, analysts tell James Orr, his agenda to raise $250 billion from the super-rich and boost the Global South is ambitious.
