Official picture by G20 Italy Download the T20 - B20 Joint Statement in PDF Covid-19 has contributed to accelerating the digital transition and has multiplied its influence on our lives and societies. However, the benefits brought about by these changes are jeopardised by their own rapidity and by their corresponding inequalities. As estimated by [...]
The G20 should advance climate action at all levels to build a low-carbon and climate-resilient future
Official picture by G20 Italy Download the T20 Statement in PDF Climate change, biodiversity loss and sustainable growth are long-standing global challenges. Today they are even more crucial, given the crisis brought about by the Covid-19 pandemic, which calls for making the much-needed recovery in the global economy compatible with action to meet, exceed [...]
After the pandemic, it is key to avoid that we move from the COVID-induced economic crisis to a new financial crisis. The T20, through its Task Force on International Finance, calls G20 Economy and Finance Ministers for a renewed commitment to address this challenge by designing, and swiftly implementing, policy measures aimed to support countries at risk of debt distress, involve the private sector in debt relief, create innovative facilities to ensure debt sustainability, get ready for the digital money revolution, give climate risk analysis the due relevance considering its impacts on the financial architecture, monitor central banks activities that have extraterritorial impacts, and ensure transparency in capital flows especially when it comes to activities by State-Owned Multinational Enterprises.