G20 Leaders’ Summit
The G20 comprises 19 countries including: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, United Kingdom, and United States and two regional bodies, namely the European Union and the African Union.
This year the summit will be held in November in South Africa, with a focus on the topic of “solidarity, equality, and sustainability.”
The G20 manages to get leaders from both developed and emerging economies around the table, representing a far broader range of views. It has been credited with reaching important agreements such as the trillion-dollar pledge in 2009 to help struggling economies during the global financial crisis.
South Africa has set the following four overarching priorities for its G20 Presidency:
- Strengthening disaster resilience and response.
- Taking action to ensure debt sustainability for low-income countries.
- Mobilising finance for a just energy transition.
- Harnessing critical minerals for inclusive growth and sustainable development.
These priorities will be elevated through the permanent working groups in the Sherpa and Finance Track, and through the following initiatives established by South Africa’s G20 Presidency.
Three Task Forces
- Task Force 1: Inclusive Economic Growth, Industrialisation, Employment and Reduced Inequality
- Task Force 2: Food Security
- Task Force 3: Artificial Intelligence, Data Governance and Innovation for Sustainable Development.
More information
This description were retrieved from g20.org
