Italy hosts the Global G20 Summit

The Global G20 Health Summit was co-hosted by European Commission along with Italy as part of its G20 presidency amid the surge and spread of coronavirus cases. The summit adopted the agenda to overcome the Covid-19 pandemic. It also decided to develop and endorse a Rome Declaration of principles.

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Summit noted the risk of more transmissible variants has increased with nine people losing their lives to Covid-19 per minute. As per WHO officials, the future of the pandemic is in hands of G20 leaders. G20 has also contributed to the launch of ACT-Accelerator as it was launched after G20 called for a global mechanism to accelerate the development of tests, treatments and vaccines.

What is ACT-Accelerator?

ACT-Accelerator is used for “Access to COVID-19 Tools Accelerator”. It is also called Global Collaboration to Accelerate Development, Production and Equitable Access to COVID-19 diagnostics, therapeutics and vaccines. This initiative was announced and started by the G20 grouping in April 2020. ACT Accelerator acts as a cross-discipline support structure that enables the partners to share resources and knowledge.

Important takeaways for all competitive exams:

• Italy Capital: Rome;
• Italy Currency: Euro;
• Italy President: Sergio Mattarella.

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