What is the G20?

The G20, or Group of Twenty, is a forum for governments and central bank governors to discuss global economic and financial issues. The G20 was established in 1999 in response to the world's economic crises. The G20 members are responsible for around 85% of the world's GDP, 75% of global trade, and 56% of the global population. 

 

What are the G20's goals?

The G20's goals include promoting financial stability, addressing climate change, and fostering sustainable economic growth. 

 

How does the G20 work?

The G20 has two tracks of engagement: the Finance Track and the Sherpa Track. The Finance Track is led by finance ministers and central bank governors, while the Sherpa Track is led by Sherpas, who are personal emissaries of the leaders. 

 

What are some of the issues the G20 has addressed?

Some of the issues the G20 has addressed include the Black Sea Grain Deal, the post-COVID socio-economic meltdown, and the climate crisis. 

 

What is the G20 logo?

The G20 logo is inspired by the colors of India's national flag: saffron, white, green, and blue. 

 

What is the G20 presidency?

The G20 presidency is held for one year, and the country holding the presidency hosts the G20 summit. The Brazilian President Luiz Inacio Lula da Silva will take over the G20 presidency on D

ecember 1, 2023.