The G20 summit will be held in New Delhi, India, in September 2023. The G20 will be led by India in 2023 and will centre on the idea of “One Earth, One Family, One Future.” The interconnection of people, animals, plants, and microorganisms, as well as their ties to the planet Earth and the larger universe, are highlighted by this theme.
An entire year’s worth of work through G20 procedures, ministerial gatherings, working groups, and engagement groups culminated at the leaders’ summit. The Lifestyle for Environment (LiFE) initiative, which seeks to encourage sustainable and responsible choices at both the individual lifestyle and national development levels in order to realise a clean, green, and blue future, will also be discussed by the Indian Presidency. The following tracks will be the focus of the working groups: agriculture, anti-corruption, culture, digital economy, disaster risk reduction, development 20 (D20), government summit, employment, environment and climate sustainability, transition in the energy sector, trade and investment, health, and tourism.
At its conclusion, the G20 Summit is anticipated to adopt a declaration that reflects the leaders’ determination to give top priority to issues raised during ministerial and working group sessions.
The G20 is composed of 19 countries plus the European Union (EU). Among the 19 countries are Saudi Arabia, South Africa, Turkey, United Kingdom, China, Czech Republic, Denmark, Finland, France, Germany, Italy, Japan, Republic of Korea, Mexico, Russian Federation, and the United States. India will serve as the G20 presidency from December 1, 2022, until November 30, 2023.
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Argentina, Australia, Brazil, Canada, China, Germany, France, India, Indonesia, Italy, Japan, the Republic of Korea, Mexico, the Russian Federation, Saudi Arabia, South Africa, Turkey, the UK, and the US
G20 Summit 2023 Date and Time
Within a two-week period, multiple locations will host G20 Summit meetings on various subjects on various days. Security considerations necessitate changing the location as well. The complete schedule for the G20 Summit 2023 meetings is provided below:
G20 Summit: September 9–10, New Delhi Meeting of Finance Deputies: September 5–6, New Delhi
Joint Sherpas and Finance Deputies Meeting: September 6, New Delhi
Fourth Meeting on Financial Inclusion for Global Participation: September 14–16, Mumbai Fourth
Meeting of the Finance Ministers and Central Bank Governors: September 13–14, Varanasi
Meeting of the Fourth Framework Working Group: September 18–19 in Raipur
G20 Summit 2023 Agenda
The agenda for the G20 Summit is now available. Let’s investigate this.
The G20 has broadened its focus to include economic and financial topics such as regulation of cryptocurrencies, debt relief for developing countries, and sustainable energy. The following themes will be covered at the G20 Summit in 2023:
• Improving the standard of loans given to developing countries by international institutions.
• Restructuring the world debt.
• Having control over digital money.
• Addressing how the security of food and energy is impacted by geopolitical unpredictability.
Sustainable Development, Climate Finance, and Life: India will address climate change while concentrating on climate finance, technology, and just energy transition in developing nations. A clean, green, and blue future will be attained by starting the LiFE movement, which will be in line with India’s enduring traditions and emphasise sustainable and responsible development alternatives on a national and personal level.
Rapid, Inclusive, and Resilient Development: This priority area helps industries that can undergo structural change, especially those that are small and medium-sized businesses (SMEs) engaged in international commerce. It involves advancing welfare and labour rights, closing the global skills gap, and talking about advancements in inclusive agricultural value chains and food systems.
Accelerating SDG Progress: With an emphasis on the COVID-19 pandemic’s implications on eradicating inequality and achieving sustainable development, the declared goals of the 2030 Agenda for Sustainable Development will be reinforced.
Technology Transformation and Digital Public Infrastructure: India’s G20 Presidency encourages knowledge-sharing in areas including financial inclusion, digital public infrastructure, and the progress of agriculture and education. It also promotes a human-centered approach to technology.
Multilateralism for the 21st Century: This field is concerned with efforts to improve multilateralism, more effectively handle present problems, and create an inclusive and equitable international system.
History of the G20 Summit
Major economies from around the world came together to form the Group of Twenty (G20). To provide a global forum for debating and coordinating economic stability and cooperation, it was founded in 1999 as a response to the world financial crisis. It was initially developed by the finance ministers and central bank governors of the European Union and 19 other nations.
It grew to incorporate the political authorities of these nations as well over time. Members of the G20 include powerful economies like the US, China, Japan, Germany, and India. World leaders meet annually at a summit hosted by the G20 to discuss important global and economic issues, such as trade, finance, development, and climate change. The objectives of this platform are to strengthen international collaboration, address economic imbalances, guarantee financial stability, and handle problems relating to emerging economies.
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