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शाश्वत आणि सर्वसमावेशक समुदाय निर्माण करण्यासाठी G20 ला आपल्या कृषी-अन्न प्रणालींमध्ये गुंतवणुकीचा वेग वाढवण्यासाठी आपली सहयोगात्मक वचनबद्धता पूर्ण करणे आवश्यक आहे.
नवंबर 2022 में बाली में G20 नेताओं के शिखर सम्मेलन से पहले, भारत ने 'विकास के लिए डेटा' (D4D) के सिद्धांत को अपनी G20 अध्यक्षता का अभिन्न अंग बनाने का वचन दिया था. दिसंबर 2022 में जब भारत ने �
Western-centric institutions are being challenged, and the buzz is only growing.
The legacy cross-border payment infrastructure is replete with issues of high costs, limited access, low speed, and opaque structures, which have limited the potential of cross-border payments to enhance international trade and foster economic growth in emerging economies. The increased demand for transparent, accessible, faster and cheaper solutions in the financial sector has pushed the private and public sectors to accelerate investments in in
Given the global importance of the Blue Economy, India’s G20 Presidency brings about the unique opportunity to prioritise the BE for the purpose for growth, green economy and social equity.
Financing is a critical factor in realising the targets of the United Nations Sustainable Development Goals (SDGs) by 2030. In the decade of action (2021-2030), the least developed countries (LDCs) will be the battleground where the SDGs could be either won or lost. This paper estimates the level of SDG spending required in the LDCs, measures the current levels of domestic resource mobilisation and foreign aid and capital received by these countr
This brief discusses one of the most crucial challenges to effective global governance for development: bridging the financing gap for the UN Sustainable Development Goals. It considers the role of the G20 in addressing this gap, and outlines a 10-point action plan for the grouping. The aim is to bolster the financing required to achieve the SDGs in the next six and a half years—serving as an update to the Addis Ababa Action Agenda of 2015 in l
India is increasingly serving as a model for countries worldwide by demonstrating how economic development and environmental conservation can be complementary.
The COVID-19 pandemic has led to the worst global economic crisis since the Great Depression in the 1930s. International trade has been severely impacted due to, among others, budgetary shortfalls, reduced access to medical equipment, and an overall decline in economic activity. Even before the pandemic hit, international trade was held hostage by trade wars in a deeply polarised world; COVID-19 further exposed the faultlines of the globa
Climate is a global common, and the task of reversing the worsening climate change is a global responsibility. There are two aspects to climate action: adaptation and mitigation. This paper focuses on mitigation, the global efforts for which are uneven as some countries are performing better than others. The paper evaluates the mitigation efforts of the G20 countries, which are collectively responsible for some 80 percent of global greenhouse gas
India will assume the presidency of the G20 in 2023. One of the key policy challenges for India and other member states is how to regulate the global digital economy. Once a fringe policy issue, the global digital economy is now central to the G20 agenda, with significant implications for individuals, corporations, and governments. Bilateral cooperation within the G20 system can provide additional resources and capability to any presidency, which
With the IMF being viewed by developing countries with skepticism, the G8 unrepresentative of current global realities and the UN too large, the G20 has done well to fill the gap in an effective global governance model. And the effectiveness of the G20 as an international body would be greatly determined by the structure it chooses to pursue.
India has assumed the G20 presidency at a critical and opportune time in history, even as the half-yearly report card indicates that consensus-building in the grouping has been more difficult than India may have expected. This brief identifies six areas where India can manifest its capability to lead the building of an effective and plausible climate action plan. Globally, championing the tracking of per-capita emissions and fossil fuel-b
Africa is facing a digital divide. Access to the internet and related digital services is low, and in most countries, the supporting regulatory framework is not in place; nor are the necessary data and logistics infrastructure. At the same time, there are various examples of e-commerce success stories across the continent; and the wide use of mobile phone technology has created many new opportunities for African entrepreneurs and consumers alike.
After improving between 2000 and 2013, hunger levels have significantly worsened in Africa in the years since. While global food insecurity is currently at an all-time high, Africa's record in addressing undernutrition was not impressive even in the pre-pandemic era when growth rates were higher. There are several challenges to food security in Africa, including short-term external shocks such as the pandemic and the Ukraine-Russia war, and long-
The Hangzhou G20 summit was about taking stock of the economic situation in a world where global recovery from the 2008 crisis remains sluggish.
Nearly 20 million people in Nigeria, Somalia, South Sudan, and Yemen are facing what has been described as the largest food crisis in the world in 70 years. Conflict is the main reason behind these famines, abetted by drought, climate change, poverty, and the existing vulnerability of the people in these countries. Security issues have led to a dramatic decline in agricultural production and have adversely affected the supply and distribution of
From the Abu Dhabi conference, the urgent call for action should resonate loud and clear throughout COP28 in and create a dynamic and durable pathway
ये पॉलिसी ब्रीफ a बिना वेतन वाले घरेलू और देखरेख से जुड़े कामों को सकल घरेलू उत्पाद यानी GDP में जोड़ने की अहमियत को रेखांकित करता है. साथ ही GDP मापने के लिए लैंगिक रूप से ज़्या�
Women make up a majority of the four billion people excluded from the digital economy. Policy narratives assert that the digital economy has the potential to transform the world of work. Conversely, there are concerns that the existing ‘digital divide’ within and across nations will simply exacerbate existing social inequalities and reinforce gender hierarchies. G20 member states have repeatedly committed to bridging pervasive gender gaps in
It will, however, be an important platform to underscore the commitment of major powers for global economic stability
In the aftermath of the COVID-19 pandemic, reforming the global health governance system has become a key area of concern for the G20 and other multilateral platforms. This comes at a time when the world has increasingly become volatile, uncertain, complex, and ambiguous. As a grouping of developed and developing countries, the G20 must prioritise addressing global health challenges by identifying its direct and indirect determinants. This brief
The G20 is at a crossroads. It should choose the path that will allow it to stay relevant to its core purpose.
The G20 partnership with Africa on issues of e-commerce and the digital economy should be designed in a way that is informed by lessons from the past.
This paper highlights the imperatives for India’s G20 Presidency for promoting development cooperation towards the achievement of the Sustainable Development Goals (SDGs). Given its unique development cooperation model—more precisely, its development partnership model—India can utilise its G20 presidency to push the sustainability agenda. This will help bridge the North-South divide in sustainable development financing. The paper recommends
To share and benefit from development data, it must be accessible, of high-quality, and offered in real time. India at the helm of G20 has much to offer as this will build on principles governing PM Modi’s Digital India initiative
India’s G20 Presidency has identified the mandate for the Finance Ministers and Central Bank Governors (FMCBG) as thus: “capacity building of the ecosystem for financing sustainable development.” The aim is to scale up efforts in mobilising large pools of global capital for sustainable projects, particularly in emerging and developing economies. Under the aegis of the Sustainable Finance Working Group (SFWG), the G20 proposes the developmen
India’s G20 Presidency has identified the mandate for the Finance Ministers and Central Bank Governors (FMCBG) as thus: “capacity building of the ecosystem for financing sustainable development.” The aim is to scale up efforts in mobilising large pools of global capital for sustainable projects, particularly in emerging and developing economies. Under the aegis of the Sustainable Finance Working Group (SFWG), the G20 proposes the developmen
Think20, the ideas bank of G20, will engage with the gamut of issues – strategic, economic and structural – that confront all countries
Lines of Credit (LOCs) are a widely used instrument in development cooperation, including for India. The projects funded by India’s LOCs attempt to achieve a trinity of objectives: economic benefits; effective project management and completion; and nurturing and enhancing diplomatic relationship and strategic interests with the partner countries. This brief explains how India’s LOCs function, and contextualises the performance of the
The global macroeconomy has undergone unprecedented change in recent years, particularly because of the COVID-19 pandemic. While the G20 had an effective coordinating role in steering the global economy through the 2008 global financial crisis, its role in engineering an inclusive and sustainable recovery from the pandemic has been more mixed. Incomes in the advanced G20 economies are on track to return to pre-pandemic levels by end-2022 but have
Amongst India’s stated priorities in its G20 Presidency are reforming multilateral institutions, climate action alongside energy transition, digital transformation and governance, sustainable economic growth, and women’s empowerment. In many of these concerns, countries in the Global North and Global South have serious divergences, thereby hampering progress towards consensus and unified action. To remove some of the deadlocks
Task Force 6: Accelerating SDGs: Exploring New Pathways to the 2030 Agenda
The Australian presidency of the G20 has witnessed a focus on the fundamentals: trade, tax issues, infrastructure, employment and banking.