Leaders of the world’s largest economies concluded the G20 summit in Rio de Janeiro on Tuesday, issuing a joint declaration that emphasizes a global commitment to fighting hunger and addressing climate change. The summit, hosted by Brazilian President Luiz Inácio Lula da Silva, saw the formal launch of the Global Alliance Against Hunger and Poverty, which aims to provide support to over 500 million people by 2030. However, the gathering was marked by underlying tensions regarding trade policies and geopolitical conflicts. While the final communique called for a ceasefire in Gaza and Lebanon and expressed concern over the war in Ukraine, observers noted a lack of specific consensus on increasing financial aid for developing nations to transition toward green energy. As global power dynamics shift, the summit highlighted the growing influence of the Global South in shaping international policy, even as delegates prepare for potential shifts in U.S. foreign and trade strategy in the coming year.