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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.
The 2008 G20 Washington Summit on Financial Markets and the World Economy was the first meeting, held in Washington, D.C., United States.It achieved general agreement amongst the G20 on how to cooperate in key areas so as to strengthen economic growth, deal with the 2007–2008 financial crisis, and lay the foundation for reform to avoid similar crises in the future.
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 ...
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2010 G20 Toronto summit; 2011 G20 Cannes summit; 2012 G20 Los Cabos summit; 2013 G20 Saint Petersburg summit; 2014 G20 Brisbane summit; 2015 G20 Antalya summit; 2016 G20 Hangzhou summit; 2017 G20 Hamburg summit; 2018 G20 Buenos Aires summit; 2019 G20 Osaka summit; 2020 extraordinary G20 summit on COVID-19; 2020 G20 Riyadh summit; 2021 G20 Rome ...
The G20 developing nations (and, occasionally, the G21, G23 or G20+) is a bloc of developing nations established on 20 August 2003. Distinct and separate from the G20 major economies, the group emerged at the 5th Ministerial WTO conference, held in Cancún, Mexico, from 10 September to 14 September 2003. The group accounted for 60% of the world ...
The G20 became in 2008 and 2009 a major organization, as leaders of the member countries held two major summits in Washington in November 2008 and in London in April 2009 to regulate the banking and financial sectors, [160] and also succeeding in coordinating their economic action and in avoiding protectionist reactions.