G20 nations make pledges on taxes for super-rich, poverty and Gaza ceasefire

G20 nations have called for effective taxation of the super-rich, measures to alleviate poverty and a ceasefire in Gaza, despite objections from Argentina’s President Javier Milei to key elements of the joint declaration.

Argentina withdrew a threat to block the communiqué, but in a presidential statement criticised aspects including greater state intervention to fight hunger, in a dig at a flagship initiative launched by host Brazil at the leaders’ summit on Monday. 

In a document released following the first of two days of gatherings in Rio de Janeiro, G20 members pledged to reform the UN Security Council.

They also repeated a demand from last year’s conference for climate finance to increase from “the billions [of dollars] to trillions”.