Key takeaways from the 2023 G20 summit in New Delhi

By Sanjeev Miglani NEW DELHI (Reuters) - Leaders of the world's 20 big economies ended a summit in the Indian capital on Sunday overcoming deep ...

STORY CONTINUES BELOW THESE SALTWIRE VIDEOSWatch onNEW DELHI - Leaders of the world's 20 big economies ended a summit in the Indian capital on Sunday overcoming deep divisions over the war in Ukraine to produce a consensus document and move forward on issues such overhauling institutions like the World Bank.SOFTER LANGUAGE ON UKRAINE WAR

Diplomats said Russia would never have accepted an outright condemnation and that it was still a successful outcome because everyone including Russia committed themselves to not seizing territory by force. The move also came after the BRICs, another group dominated by China and Russia, was expanded to include Saudi Arabia and Iran among other nations which was seen as an attempt by Beijing to make it a possible alternate to the G20.Leaders of the United States, India and Saudi Arabia among others announced plans to set up rail and ports links between the Middle East and South Asia and eventually to Europe which U.S. President Joe Biden said was a"real big deal.

But there were no details about financing or a time frame for the project that involved laying down railway lines in the Middle East and then connecting them to India by port.The G20 leaders agreed to pursue tripling renewable energy capacity globally by 2030 and accepted the need to phase-down unabated coal power, but stopped short of setting major climate goals.

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