Calviño hopes that the G20 will commit to strengthening multilateralism and the fight against climate change

MADRID, 9 Sep.

Calviño hopes that the G20 will commit to strengthening multilateralism and the fight against climate change


The first vice president of the Government and acting Minister of Economy, Nadia Calviño, has been optimistic this Saturday about the possibility that a clear commitment to reinforce "multilateralism" will emerge from the G20 Summit, which is being held in New Delhi. and to maintain the fight against climate change and in favor of sustainable growth.

He said this from the Indian capital where he represented Spain, replacing the acting President of the Government, Pedro Sánchez, who was unable to travel due to testing positive for Covid 19.

Calviño has indicated that the conclusions of this summit must clearly include "the objective of tripling the deployment of renewables worldwide, leaving behind the CO2 emission peak in 2025 and continuing to strengthen green and sustainable financing mechanisms to mobilize investment both public as well as private".

The vice president has contrasted the "tone" of this summit, which will end on Sunday, with that of last year, to justify her optimism about its result, although she has indicated that we will have to wait to see the terms in which it is written. the final statement.

For now, he stressed that he appreciates "a unanimous commitment to strengthening multilateralism" and also that all leaders have recognized that it is necessary to strengthen coordination and cooperation instruments to be able to face global challenges.

"That is a unanimous message that we have heard this morning," he said, noting that Chinese Prime Minister Li Qiang "has shared this same message of support for the global agenda and the priorities of the Indian Presidency of the G-20." .

In this context, Calviño has been convinced that this forum is proving to be the most important "to produce effective coordination at a global level" that makes it possible to face shared challenges such as climate change, sustainable growth from the point of social view and the fight against poverty.

On the other hand, when asked about her candidacy for the Presidency of the European Investment Bank (EIB), Calviño has refused to comment if she feels like the favorite for a position for which she competes with the vice president of the European Commission responsible for Competition, the liberal Danish Margrethe Vestager; the Polish Teresa Czerwinska, the Italian Daniele Franco and the Swede Thomas Östros.

Calviño has limited himself to pointing out that "Spain has presented a strong candidacy" and that it remains to be seen if this matter is finally addressed at the informal meeting of ministers of Economic and Financial Affairs of the European Union that will take place on the 15th and 16th of September in Santiago de Compostela.