G20 leaders will ‘spare no effort’ to create fair distribution of Covid-19 vaccine

The transcript discusses the G20's initiatives to ensure global vaccine distribution and support for countries affected by COVID-19. It highlights the debt service suspension initiative, which allows countries to reallocate funds to combat the pandemic. The G20 has published an action plan and established a framework for economic support, emphasizing the importance of international cooperation and multilateralism. The G20, along with other multilateral institutions, is committed to supporting vulnerable countries and ensuring no nation is left behind in the fight against the pandemic.

Discuss the significance of the debt service suspension initiative approved by the G20.

In what ways does the G20 emphasize the importance of leaving no country behind during the pandemic?