G20 Leaders' Summit 2014

From Nov 15, 2014 to Nov 16, 2014

The Group of Twenty (G20) is a forum that assembles 19 members plus the EU, representing the world's major economies. General themes include global economy, financial regulation, poverty reduction and sustainable development. The next G20 Summit will take place in Australia, which will work as a troika in defining the next work programme in cooperation with the past (Russian Federation) and future (Turkey) hosts. The G20 members are: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, the Republic of Korea, Mexico, the Russian Federation, Saudi Arabia, South Africa, Turkey, the UK and the US, as well as the EU.

About G20

The Group of Twenty (G20) is the premier forum for its members’ international economic cooperation and decision-making. Its membership comprises 19 countries plus the European Union. G20 leaders meet annually, additionally during the year Finance Ministers and Central Bank Governors meet regularly to discuss ways to strengthen the global economy, reform international financial institutions, improve financial regulation, and discuss the key economic reforms that are needed in each of the member countries. Underpinning these meetings is a year-long program of meetings among senior officials and of working groups coordinating policy on specific issues.

The G20 started in 1999 as a meeting of Finance Ministers and Central Bank Governors in the aftermath of the Asian financial crisis. In 2008, the first G20 Leaders Summit was held, and the group played a key role in responding to the global financial crisis. Its decisive and coordinated actions boosted consumer and business confidence and supported the first stages of economic recovery. G20 leaders have met eight times since 2008.

The G20 continues to focus on measures to support global economic growth, with a strong emphasis on promoting job creation and open trade. Each G20 president invites a number of guest countries each year.

The G20 works closely with international organisations, including the Financial Stability Board, the International Labour Organisation, the International Monetary Fund, the Organisation for Economic Co-operation and Development, the United Nations, the World Bank and the World Trade Organization. These and a number of other organisations are invited to attend key G20 meetings.

G20 Members

G20 members represent around 85 per cent of global gross domestic product, over 75 per cent of global trade, and two-thirds of the world’s population.

The members of the G20 are:

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, United Kingdom, United States, European Union.

Management Arrangements

The G20 Presidency rotates annually according to a system that ensures a regional balance over time. Reflecting its nature as an informal political forum, the G20 does not have a permanent secretariat.  Instead, the G20 President is responsible for bringing together the G20 agenda in consultation with other members and in response to developments in the global economy.

To ensure continuity, the Presidency is supported in this by the “troika”, made up of the current, immediate past and future host countries.

During Australia’s host year, the members of the G20 troika are Australia, Russia and Turkey.

For more details, visit - G20 Leaders' Summit 2014

 

For other events, please go to: environmental events


Go back to: Environmental Events

Ten sure ways to save on your home energy bill and help reduce global warming

How to prevent contracting Corona Virus - COVID-19

All Information on our website are free for your use. You are required to reference our website each time you use our materials. Please link back to: Environmental and Energy Business Resources using website address: http://www.environbusiness.com.

Get your own copy of the Ebook Clean Energy Fuels:

Clean Energy Fuels

Support Us to Continue to provide you with more free contents: