Remarks by President Cyril Ramaphosa at the G20 Closing and Handover Ceremony of the G20 Leaders’ Summit Rio de Janeiro, Brazil

President Cyril Ramaphosa accepted the G20 Presidency for South Africa, announcing the theme 'Solidarity, Equality and Sustainability'. He committed to advancing the Sustainable Development Goals and the Pact for the Future, while prioritizing inclusive economic growth, food security, and AI for sustainable development. Ramaphosa emphasized the need to address wealth disparities, specifically noting the lack of sustainable financing for climate action and the burden of national debt in developing countries.

• South Africa has established the theme for its G20 Presidency as 'Solidarity, Equality and Sustainability', with a goal to advance the Pact for the Future and the Sustainable Development Goals, the latter of which should be a priority for the next five G20 Presidencies to be achieved by 2030.
• The South African G20 Presidency will focus on three high-level priorities to be implemented through the Finance and Sherpa Tracks: Inclusive Economic Growth, Industrialisation, Employment and Inequality; Food Security; and Artificial Intelligence and Innovation for Sustainable Development.
• President Ramaphosa identified inequality as a threat to global stability, specifically citing the absence of sustainable capacity building and predictable financing for climate action, as well as the impact of exorbitant debt on developmental programmes.
• As the first African country to preside over the G20, South Africa intends to elevate the development priorities of the Global South and the African continent within the G20 agenda.

APA

Ramaphosa, C. (2024). Remarks by President Cyril Ramaphosa at the G20 Closing and Handover Ceremony of the G20 Leaders’ Summit Rio de Janeiro, Brazil. South African Institute of International Affairs. https://saiia.org.za/research/remarks-by-president-cyril-ramaphosa-at-the-g20-closing-and-handover-ceremony-of-the-g20-leaders-summit-rio-de-janeiro-brazil/

Chicago

Ramaphosa, Cyril. Remarks by President Cyril Ramaphosa at the G20 Closing and Handover Ceremony of the G20 Leaders’ Summit Rio de Janeiro, Brazil. South African Institute of International Affairs, 2024. https://saiia.org.za/research/remarks-by-president-cyril-ramaphosa-at-the-g20-closing-and-handover-ceremony-of-the-g20-leaders-summit-rio-de-janeiro-brazil/.

Wikipedia

{{cite press release |last1=Ramaphosa |first1=Cyril |title=Remarks by President Cyril Ramaphosa at the G20 Closing and Handover Ceremony of the G20 Leaders’ Summit Rio de Janeiro, Brazil |publisher=South African Institute of International Affairs |date=28 November 2024 |url=https://saiia.org.za/research/remarks-by-president-cyril-ramaphosa-at-the-g20-closing-and-handover-ceremony-of-the-g20-leaders-summit-rio-de-janeiro-brazil/ |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@misc{ramaphosa2024remarks, author = {Ramaphosa, Cyril}, title = {{Remarks by President Cyril Ramaphosa at the G20 Closing and Handover Ceremony of the G20 Leaders’ Summit Rio de Janeiro, Brazil}}, publisher = {South African Institute of International Affairs}, year = {2024}, month = nov, url = {https://saiia.org.za/research/remarks-by-president-cyril-ramaphosa-at-the-g20-closing-and-handover-ceremony-of-the-g20-leaders-summit-rio-de-janeiro-brazil/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }