Finance Minister discusses vaccine equity, calls on countries to meet climate finance goals at G20

“Continuing supportive measures, building resilience, enhancing productivity and structural reforms should be the group’s policy goals”

At the start of her Washington visit, Finance Minister Nirmala Sitharaman attended a meeting of Finance Ministers and Central Bank governors (FMCBGs) from the on the side lines of the World Bank IMF Annual Meetings in Washington DC on October 13, where she called on countries to meet their climate finance obligations and highlighted the challenge of equitable vaccine distribution.

Ms. Sitharman told the G20 that ensuring equitable distribution of vaccines is a significant challenge, as per the Finance Ministry twitter account. She also said that continuing supportive measures, building resilience, enhancing productivity and structural reforms should be the group’s policy goals, according to the Finance Ministry’s summary of that meeting.

On climate, the Finance Minister called for rich countries to meet international climate finance commitments ($100 billion annually by 2020) and commitments on technology.