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The G20 or Group of 20 is an intergovernmental forum comprising 19 sovereign countries, the European Union (EU), and the African Union (AU). [2] [3] It works to address major issues related to the global economy, such as international financial stability, climate change mitigation and sustainable development, through annual meetings of Heads of State and Heads of Government.
These countries are considered major European powers and they are the Western European countries individually represented as full members of the G7, the G8, the G-10 and the G20. This also has an impact on the Eurovision Song Contest, when these countries added to Spain, are turned the BIG 5.
G20 countries account for 85% of the world's economy and are the largest contributors to multilateral development banks helping to steer climate finance. "The spotlight is naturally on the G20.
G20 engagement groups and pre-conferences are meetings with various stakeholders. These groups make policy recommendations to G20 leaders and help shape the summit agenda. Sherpas are senior officials who represent their respective countries and play a crucial role in preparing the agenda and negotiating outcomes for G20 meetings. Sherpa ...
Finance officials from the Group of 20 major economies agreed on Wednesday to suspend debt service payments for the world's poorest countries through the end of the year, a move quickly matched by ...
Poor nations are forced to fill the ‘coffers of big banks and polluters’ instead of protecting people’s homes, experts say
The 2024 G20 Rio de Janeiro summit (Portuguese: Cúpula do G20 Rio de Janeiro 2024) was the nineteenth meeting of Group of Twenty (G20), a Heads of State and Government meeting held at the Museum of Modern Art in Rio de Janeiro from 18–19 November 2024. It was the first G20 summit to be hosted in Brazil. [4]
For the first time, the G20 countries agreed on the amounts required to shift to clean energy. The document states that $5.9 trillion is need up to 2030 by developing countries to meet their ...