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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.
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 ...
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.
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.
At the G20 summit in London in 2009, Britain’s then-Prime Minister Gordon Brown heralded a “new world order” in which rich and developing nations would come together to tame the inequities ...
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RIO DE JANEIRO (Reuters) -Leaders of the Group of 20 major economies began arriving on Monday at Rio de Janeiro's Modern Art Museum for their annual summit, bracing for a shift in the global order ...