"The EU has a crucial role in ensuring that developing countries in need have the necessary support to recover sustainably from Covid-19 and to enhance their own climate ambition - through assistance for mitigation, adaptation and resilience", the Secretary-General added.
The country, which has made some reforms in recent years to address persistent criticism about its questionable human rights record, had planned to use the summit and the resulting attention to boost its image.
U.S. President Donald Trump highlighted what the U.S. has done to response to the coronavirus and rebuild the economy and work on vaccines, which are expected to become available soon, according to White House press secretary Kayleigh McEnany.
World leaders welcomed the reports on stablecoins and similar arrangements submitted by the G20-mandated Financial Stability Board, the Financial Action Task Force (FATF) and the International Monetary Fund.
Guterres called on more G20 nations to join COVAX, an global initiative to distribute COVID-19 vaccines to countries worldwide. The United States has taken a more isolationist approach to global affairs under the leadership of President Donald Trump.
"Developing countries need fiscal space for economic recovery", Marsudi said.
The G-20 groups Argentina, Australia, Brazil, Britain, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United States and the European Union.
The virus shows no signs of abating as major cities in the US and Europe bring back lockdowns and curfews. But more funding is needed. The initiative has so far helped 46 of 73 eligible countries defer $5.7 billion in 2020 debt-service payments. He also pointed out the significance of exploring ways to boost cooperation between G20 member states for the betterment of humanity by accelerating development opportunities in the post-pandemic phase.
In a sign of the times, the traditional "family photo" of leaders in the summit was digitally designed and superimposed on a historical site just outside the Saudi capital, Riyadh, which would have hosted the gathering. French President Emmanuel Macron warned of the challenges in obtaining "universal access to health technologies against COVID-19".
"We look forward to the work of the Independent Panel for Pandemic Preparedness and Response and the IHR Review Committee on evaluating the global health response to the pandemic as outlined in the World Health Assembly (WHA) Resolution on COVID-19", it added.
Following the two days Summit, Leaders adopted the G20 Riyadh Declaration to address common global challenges.
The document, adopted by world leaders after two days of virtual talks, took note of the "assessments of gaps in pandemic preparedness" undertaken by worldwide organizations.
The novel coronavirus has claimed at least 1,381,915 lives globally, according to an AFP tally, since the World Health Organization announced the emergence of the virus in China in December.
His remarks came as humanity is grappling with growing uncertainties caused by the pandemic pullback, a global recession, as well as backlash to economic globalisation.
Now, I have the pleasure to pass the honor and responsibility of the 2021 G20 Presidency to the Italian Republic, wishing them every success.
Apple agrees to pay a settlement amount of $113M on iPhone throttling
Users have taken their problems on Reddit and Apple Community thread where many users can be seen reporting the lighting trouble. States claimed that Apple acted deceptively and should have disclosed the issue or replace batteries.