Davos: South Africa's G20 presidency will highlight solidarity, equality, and sustainable development, said the country's president Tuesday in his address to the World Economic Forum in Davos, Switzerland. "We will seek to get the G20 to focus more on how we can enhance solidarity through collective efforts to ensure that in the pursuit of progress for all, no person and no country is left behind," Cyril Ramaphosa stated.

According to Anadolu Agency, Ramaphosa emphasized the importance of collective action in a time marked by escalating geopolitical tensions, unilateralism, nationalism, protectionism, isolationism, increasing debt, and a diminishing sense of common purpose. He urged for urgent collaborative efforts to halt environmental destruction.

South Africa's G20 presidency aims to prioritize mobilizing finance for a just energy transition and securing agreements to enhance the quality and quantity of climate finance flow for developing countries, as previously agreed upon at various UN climate change summits.

The South African president called for a G20 framework on green industrialization and investments, emphasizing the need for progress towards a grand bargain that promotes value addition to critical minerals close to the source of extraction. He highlighted South Africa's intention to use its G20 presidency to advocate for the role of critical minerals in driving growth and development in Africa and the Global South through green industrialization.

Ramaphosa noted the significance of this moment for South Africa, the African continent, and the world, reflecting on Africa's historical role in developing cooperation.