Context:
India hosted the 2nd Voice of Global South Summit which focused on ways to sustain the momentum generated toward a more inclusive, representative, and progressive world order.
Highlights of the Summit:
- Indian PM unveils DAKSHIN (Global South Centre of Excellence)
- Called for 5 ‘Cs’ for the Global South: Consultation, Cooperation, Communication, Creativity, and Capacity building.
- 1st VOGSS – Hosted by India (125 countries) with the theme “Unity of Voice, Unity of Purpose.”
What does “Global South” mean?
- It refers to various countries often described as “developing,” “less developed” or “underdeveloped.”
- The phrase “Global South” refers broadly to the regions of Latin America, Asia, Africa, and Oceania.
- The concept of the Global South can be traced to the Brandt report of 1980.
What is the need for South-South Cooperation?
- To address the disproportionate impact of global challenges such as climate change.
- To improve representation in global forums such as the UN Security Council.
- To achieve food and energy security.
- To fulfill sustainable development goals.
Indian Initiatives for South-South Cooperation:
- Inducting African Union in G20 Grouping.
- Institutional initiatives such as the International Solar Alliance, Global Biofuel Alliance, Coalition for Disaster Resilient Infrastructure, etc.
- MAHARISHI for global food security.
- G20 Digital Public Infrastructure Framework.
- Proposal for weather and climate monitoring satellite for Global South.
Must Read: Brandt Line
Source: Indian Express
Previous Year Question
With reference to the “G20 Common Framework”, consider the following statements:
1. It is an initiative endorsed by the G20 together with the Paris Club.
2. It is an initiative to support Low Income Countries with unsustainable debt.
Which of the statements given above is/are correct?
[UPSC Civil Services Exam – 2022 Prelims]
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Answer: (c)
Explanation:
It is the Common Framework for Debt Treatments beyond the Debt Service Suspension Initiative (DSSI). An Initiative endorsed by G20 together with Paris Club. It was announced in November 2020 to deal with the issue of unsustainable debts faced by various countries as an impact of COVID-19. Hence, both the statements are correct.
