
Event overview: South Africa’s G20 Presidency comes at a time of multiple global crises, including climate change, poverty, inequality, and geopolitical instability. UN Secretary-General António Guterres highlighted the urgent need for action, noting that only 12% of Sustainable Development Goals (SDGs) are on track. To meet the 2030 targets, G20 nations must shift their approach, placing inequality at the core of economic policymaking. Inequality, particularly in the Global South, is deepened by limited access to development and climate financing, skewed resource ownership, and high sovereign debt burdens. These issues hinder progress and stability. South Africa plans to lead with the spirit of Ubuntu, a philosophy of shared humanity and interconnectedness—promoting inclusive partnerships and collective solutions to ensure no one is left behind, in alignment with the transformative vision of the 2030 Agenda.