• Rome Declaration, multilateralism and solidarity

  • G20, Draghi: "We must vaccinate the world and do it quickly"

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May 28, 2021 "In the past, many countries thought of sovereignty as a solution. Now this pandemic crisis has told us that global problems can only be solved with global solutions."

Prime Minister Mario Draghi said this at the 2021 Global Solution Summit.



Covid, danger of mutations, helping poor countries


 "Our first priority is, of course, to defeat the pandemic. This means doing it everywhere and not just in developed countries. Ensuring that the poorest countries have access to effective vaccines is a moral imperative. But there is also a practical reason and, if you like, selfish. As long as the pandemic rages, the virus can undergo dangerous mutations that can undermine even the most successful vaccination campaign, "said Draghi. The Global Health Summit held in Rome last week provided a number of very concrete responses to this crisis. The generous promises of individual countries and pharmaceutical companies assure us that the global vaccination campaign can be accelerated, he added.



Global vaccination campaign can accelerate


"The Global Health Summit held in Rome last week provided a number of very concrete responses to this crisis. The generous promises of individual countries and pharmaceutical companies assure us that the global vaccination campaign can be accelerated. EU - aimed at developing vaccine production capacity in low and middle income countries - helps Africa to tackle many diseases, not just Covid-19. And the Rome Declaration presents a series of very useful principles to ensure that the global community is much better prepared to face the next pandemic, "Prime Minister Mario Draghi said at the 2021 Global Solution Summit.



Multilateralism is back, no single state solutions


"Multilateralism is returning. The health crisis has taught us that it is impossible to tackle global problems with internal solutions. The same is true for the other key challenges of our times: climate change and global inequalities. As this year at the Presidency of the G20, Italy is determined to lead the paradigm shift. The world needs the whole world, not a set of individual states, "Prime Minister Mario Draghi said at the 2021 Global Solution Summit.



Debt burden reduction for poor countries


"We support initiatives to reduce debt burdens for the poorest countries in the world," said the premier. "We want the International Monetary Fund to issue new Special Drawing Rights and transfer existing ones to help countries in need. We support the first replenishment of the International Development Association. And we encourage multilateral development banks to enhance their net financing initiatives. ".



At least 88 million people in extreme poverty in 2020


"We must take decisive action to tackle global inequalities. Health and climate crises risk exacerbating existing inequalities. The pandemic has helped bring at least 88 million people into extreme poverty in 2020. According to the World Bank, climate change could push another 132 million over the next 10 years ", said Prime Minister Mario Draghi speaking at the Global Solutions Summit 2021." These effects are asymmetrical especially towards younger workers and women.The International Monetary Fund has estimated that the pandemic shock has hit young people hardest - he adds - In emerging markets there has been a greater increase in female unemployment and a greater decline in participation of women than men ".



Accelerating decarbonisation and more funds for climate


"The battle against the virus cannot distract us from the fight against climate change," said Draghi. “We have two goals. The first is to commit to achieving sufficiently ambitious emission reduction targets, limiting global warming to no more than 1.5 degrees and achieving net emissions of zero by 2050. The second is to mitigate the potential damage. We need to strengthen containment measures, accelerating the phasing out of coal. And ensure a greater inflow of public and private capital towards climate-related initiatives. "



Specific action on food safety


"We want to take specific action on the issue of food security, for example during the joint session between the ministers of Foreign Affairs and Development at the June G20 summit in Matera," Prime Minister Mario Draghi said at the 2021 Global Solution Summit.



Opening the best recipe for success Italy


"Throughout history, Italy has thrived on trade and international cooperation. Openness has been our best recipe for success. Our G20 presidency will reflect this long-standing commitment. Together with Germany and the other G20 partners, we are confident that we can build a stronger world. "