G20's agenda

The G20 is an international forum for the governments and central bank governors of 20 major economies. The G20's agenda covers a wide range of issues, including:

• Economic growth and development: The G20 seeks to promote global economic growth and development through policies such as financial regulation, trade liberalization, and investment promotion.
• Financial stability: The G20 works to promote financial stability by preventing and addressing financial crises.
• Climate change: The G20 is committed to taking action on climate change, including reducing greenhouse gas emissions and investing in clean energy.
• Health: The G20 works to improve global health by addressing issues such as pandemics, antimicrobial resistance, and non-communicable diseases.
• Food security: The G20 is committed to ensuring global food security by addressing issues such as climate change, conflict, and market volatility.
• Gender equality: The G20 is committed to promoting gender equality by addressing issues such as violence against women, economic empowerment, and political participation.
• Other issues: The G20 also addresses a variety of other issues, such as terrorism, migration, and sustainable development.

The specific agenda of the G20 summit in India will be finalized in the coming months. However, it is expected to focus on the following key issues:

• Accelerated, inclusive, and resilient growth: The G20 will discuss ways to promote economic growth that is inclusive and benefits all people, while also being resilient to shocks such as the COVID-19 pandemic.
• Green development, climate finance, and the LiFE movement: The G20 will discuss ways to accelerate the transition to a green economy and address climate change. The LiFE movement is a new initiative by India that promotes environmentally sustainable lifestyles.
• Strengthening the global financial system: The G20 will discuss ways to strengthen the global financial system and prevent future crises.
• Addressing the impact of geopolitical uncertainties on food and energy security: The G20 will discuss ways to address the impact of the war in Ukraine on food and energy security.

The G20 summit is an important opportunity for the world's leading economies to come together and discuss how to address the most pressing challenges facing the global community. The decisions made at the summit will have a significant impact on the lives of people around the world.

G-20 and Food security

The G20 has been committed to ensuring global food security since its inception in 2008. The G20 leaders have made a number of commitments to address the challenges of food security, including:

• Boosting agricultural productivity: The G20 has committed to increasing agricultural productivity through investments in research and development, improved infrastructure, and better access to markets.
• Reducing food waste and loss: The G20 has committed to reducing food waste and loss by improving post-harvest handling and storage practices.
• Supporting smallholder farmers: The G20 has committed to supporting smallholder farmers through investments in agricultural extension services, access to credit, and improved market linkages.
• Addressing the impact of climate change: The G20 has committed to addressing the impact of climate change on food security by investing in climate-smart agriculture and adaptation measures.

The G20 has also taken a number of specific actions to address food security, such as:

• Launching the Agricultural Market Information System (AMIS): AMIS is a global information system that provides real-time data on agricultural markets. This information can be used to help countries manage food prices and prevent food crises.
• Establishing the Global Agriculture and Food Security Program (GAFSP): GAFSP is a financing mechanism that provides grants and loans to developing countries to support agricultural development.
• Adopting the Matera Declaration: The Matera Declaration is a commitment by the G20 to strengthen the resilience and sustainability of agri-food systems.

The G20's efforts to ensure global food security have had some success. For example, the number of people suffering from hunger has been declining in recent years. However, there is still much work to be done. The G20 will need to continue to invest in agricultural development and address the challenges of climate change if it wants to achieve its goal of ensuring global food security.

In its current presidency, India has placed a strong emphasis on food security. The Indian government has hosted a number of meetings and events on food security, and it is expected to make food security a major focus of the G20 summit in October 2023.

The G20 is a powerful forum that can be used to address the challenges of food security. By working together, the G20 countries can help to ensure that everyone has access to safe, nutritious, and affordable food.

Strengthening the global financial system

The G20 has been a key player in strengthening the global financial system since the 2008 financial crisis. The G20 leaders have made a number of commitments to address the challenges of financial instability, including:

• Strengthening financial regulation: The G20 has committed to strengthening financial regulation to make the system more resilient to shocks. This includes measures such as increasing capital requirements for banks and improving oversight of shadow banking.
• Reducing systemic risks: The G20 has committed to reducing systemic risks in the financial system. This includes measures such as promoting macroprudential regulation and improving the management of financial crises.
• Promoting financial inclusion: The G20 has committed to promoting financial inclusion, so that everyone has access to the benefits of the financial system. This includes measures such as expanding access to credit and savings accounts.
• Enhancing international cooperation: The G20 has committed to enhancing international cooperation on financial matters. This includes measures such as improving the coordination of financial regulation and crisis management.

The G20 has also taken a number of specific actions to strengthen the global financial system, such as:

• Establishing the Financial Stability Board (FSB): The FSB is an international body that monitors and makes recommendations on the global financial system.
• Adopting the Basel III capital framework: Basel III is a set of international standards for banking capital and liquidity.
• Launching the Financial Inclusion Action Plan: The Financial Inclusion Action Plan is a set of measures to promote financial inclusion.
• Adopting the G20 Principles for Responsible Finance: The G20 Principles for Responsible Finance are a set of principles for responsible banking.

The G20's efforts to strengthen the global financial system have had some success. For example, the global financial system has become more resilient to shocks since the 2008 financial crisis. However, there is still much work to be done. The G20 will need to continue to strengthen financial regulation and reduce systemic risks if it wants to achieve its goal of a stable and resilient global financial system.

In its current presidency, India has placed a strong emphasis on financial stability. The Indian government has hosted a number of meetings and events on financial stability, and it is expected to make financial stability a major focus of the G20 summit in October 2023.

The G20 is a powerful forum that can be used to address the challenges of financial instability. By working together, the G20 countries can help to make the global financial system more stable and resilient.