Note: Single-source report; awaiting corroboration.

UN Secretary-General António Guterres addressed leaders of a major emerging economies bloc in New Delhi, urging an overhaul of international institutions established after World War II. He emphasized that current economic, demographic, and geopolitical realities differ significantly from 1945 and require institutional structures that reflect these changes. He noted that the group of countries at the summit represents a shift toward a multipolar world, which could help bring balance and equity to global systems and institutions, provided reforms are made to bodies like the UN Security Council and Bretton Woods institutions.

Guterres outlined four priorities for “inclusive global growth”: financing, technology, climate justice, and peace. He highlighted that developing countries need substantial international support to achieve the Sustainable Development Goals and urged multilateral development banks to become “bigger, better, and bolder.” On artificial intelligence, he warned that its benefits remain concentrated in a few companies and countries, risking a widening of divides in income, opportunity, security, and sovereignty.

Addressing climate issues, Guterres gave stark warnings about intensifying impacts such as extreme heat, glacier melt, wildfires, and floods, which may worsen with an impending supersized El Niño. He called on wealthy nations to fulfill existing financial commitments of $300 billion annually, to triple adaptation finance, and to increase funding for loss and damage. He also criticized the exploitation of critical minerals essential for climate solutions.

On peace and security, he referenced ongoing conflicts in Gaza, the Middle East, Ukraine, and Sudan. He stressed the importance of upholding the UN Charter, including sovereign equality, territorial integrity, and peaceful conflict resolution.