G20 Summit in Brazil to Address Climate Change and Diplomatic Tensions
November 17, 2024, 2:05 pm

G20 Summit in Brazil to Address Climate Change and Diplomatic Tensions

قمة العشرين

The G20 summit in Brazil this week will discuss several key topics, including the diplomatic tensions surrounding global warming. This comes after negotiators at UN talks in Azerbaijan reached an impasse over climate financing.

Negotiators hope that leaders of the world's twenty largest economies will pave the way for renewed funding, according to a report from Reuters.

Leaders of the G20 countries are set to arrive in Rio de Janeiro today, with the summit scheduled for tomorrow and the day after. They will address a range of issues, from poverty and hunger to global institutional reform, as the UN Climate Change Conference (COP29) highlights their efforts to tackle global warming.

While COP29, taking place in Baku, Azerbaijan, is tasked with agreeing on the allocation of hundreds of billions of dollars for projects aimed at combating climate change, it will be the G20 leaders meeting in Rio who hold the reins of power.

The G20 represents 85% of the world's economy and is the largest contributor to multilateral development banks that help direct climate financing. The group is also responsible for over three-quarters of global greenhouse gas emissions.

Just days ago, UN Secretary-General Antonio Guterres stated during COP29, "All countries must play their part, but the G20 must lead the efforts, as they are the largest emitters and have the greatest capacities and responsibilities."

Reaching such an agreement may become more challenging with the return of President-elect Donald Trump to power, as he is reportedly preparing to withdraw the United States from the Paris Climate Agreement once again.

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BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has sponsored the BuildHer CityHack 2025 Hackathon, a two-day event spearheaded by the College of Engineering and Technology at the Royal University for Women (RUW).
Aimed at secondary school students, the event brought together a distinguished group of academic professionals and technology experts to mentor and inspire young participants.
More than 100 high school students from across the Kingdom of Bahrain took part in the hackathon, which featured an intensive programme of training workshops and hands-on sessions. These activities were tailored to enhance participants’ critical thinking, collaborative problem-solving, and team-building capabilities, while also encouraging the development of practical and sustainable solutions to contemporary challenges using modern technological tools.
BENEFIT’s Chief Executive Mr. Abdulwahed AlJanahi, commented: “Our support for this educational hackathon reflects our long-term strategic vision to nurture the talents of emerging national youth and empower the next generation of accomplished female leaders in technology. By fostering creativity and innovation, we aim to contribute meaningfully to Bahrain’s comprehensive development goals and align with the aspirations outlined in the Kingdom’s Vision 2030—an ambition in which BENEFIT plays a central role.”
Professor Riyadh Yousif Hamzah, President of the Royal University for Women, commented: “This initiative reflects our commitment to advancing women in STEM fields. We're cultivating a generation of creative, solution-driven female leaders who will drive national development. Our partnership with BENEFIT exemplifies the powerful synergy between academia and private sector in supporting educational innovation.”
Hanan Abdulla Hasan, Senior Manager, PR & Communication at BENEFIT, said: “We are honoured to collaborate with RUW in supporting this remarkable technology-focused event. It highlights our commitment to social responsibility, and our ongoing efforts to enhance the digital and innovation capabilities of young Bahraini women and foster their ability to harness technological tools in the service of a smarter, more sustainable future.”
For his part, Dr. Humam ElAgha, Acting Dean of the College of Engineering and Technology at the University, said: “BuildHer CityHack 2025 embodies our hands-on approach to education. By tackling real-world problems through creative thinking and sustainable solutions, we're preparing women to thrive in the knowledge economy – a cornerstone of the University's vision.”