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SUNS # 10246 Friday 20 June 2025
 
  Contents  

Trade : G7 plus EU abdicate their role in strengthening MTS, WTO (PRIV)
(D. Ravi Kanth, Geneva)
The leaders of the G7 comprising the United States, Canada, Italy, France, Germany, the United Kingdom and Japan, as well as the European Union concluded their three-day summit in Canada on 17 June, with a chair's summary that appears to have abdicated the G7's role on how to strengthen the beleaguered multilateral trading system (MTS), particularly on reforming the World Trade Organization, said people familiar with the development.

Climate : Call for burden sharing among North countries to provide finance (PRIV)
(Chhegu Palmuu, Bonn)
At the open consultation led by the Presidencies of the sixth and seventh sessions of the Conference of Parties to the Paris Agreement (CMA) on the "Baku to Belem Roadmap to 1.3T", held on 18 June, developing countries called for the roadmap to provide "a clear agreement on burden sharing amongst developed countries to establish their "fair share" of their collective obligation to provide climate finance, which allows predictability, transparency, and accountability".

UN : Hunger worsens in 13 hotspots, with five at immediate risk of starvation (PRIV)
(Kanaga Raja, Penang)
People in five hunger hotspots around the world face extreme hunger and risk of starvation and death in the coming months unless urgent humanitarian action and a coordinated international effort is taken to de-escalate conflict, stem displacement, and mount an urgent full-scale aid response, according to a joint United Nations report.


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