G20 drishti ias

In News • World leaders participated in the recently held G20 Summit in Rome, Italy. • During the summit, the leaders adopted the Rome Declaration and emphasised Covid-19 immunisation across the globe. Highlights of the Summit • The 2021 G20 Rome summit was the sixteenth meeting of the Group of Twenty (G20) . • The world leaders had elaborate deliberations on issues of global importance like • fighting the pandemic, • improving health infrastructure, • boosting economic cooperation and • furthering innovation. • Adopted the 'Rome Declaration': • The Rome Declaration consists of 16 mutually agreed principles , which aims to guide joint action for preventing future health crises and to build a safer, equitable and sustainable world. • On immunisation front: • The countries agreed that the COVID-19 immunisation is a global public good. • Agreement on strengthening the World Health Organisation to fast-track the process for emergency use authorisation for Covid-19 vaccines . • To provide finances and technology for vaccine production at “mRNA Hubs” in South Africa, Brazil and Argentina. • Work towards monitoring and implementation of the multi-sectoral, evidence-based One Health approach • Green Energy: • G-20 countries committed to ending international financing for all new coal plants by the end of 2021. • But made no mention of domestic commitments on ending coal power generation. • To mobilise more international public-private financing for “green” projects. • Commitments ...

जी20 ██जी -20 के सदस्य देश ██यूरोपीय संघ के सदस्य जो व्यक्तिगत रूप से प्रतिनिधित्व नहीं करते संक्षेपाक्षर G-20 या G20 सिद्धांत One Earth, One Family, One Future (Sanskrit: वसुधैव कुटुम्बकम्, lit. The World Is One Family) स्थापना 1999 2008 (राज्य के प्रमुखों का शिखर सम्मेलन) उद्देश्य वैश्विक अर्थव्यवस्था में प्रणालीबद्ध महत्वपूर्ण औद्योगिक और विकासशील अर्थव्यवस्थाओं को एक साथ लाने के लिए में महत्वपूर्ण मुद्दों पर चर्चा। अनुक्रम • 1 सदस्य • 1.1 लीडर्स • 2 बाहरी कड़ियाँ • 3 सन्दर्भ सदस्य [ ] 2017 तक समूह के 20 सदस्य हैं: जी20 सम्मेलन में प्रतिनिधि के तौर पर 19 देशों के प्रतिनिधि शामिल होते हैं और एक यूरोपीय संघ शामिल होता है। नेताओं के शिखर सम्मेलन में, 19 देशों के नेताओं और यूरोपीय संघ के नेता शामिल होते हैं और मंत्री स्तर की बैठकों में, 19 देशों के वित्त मंत्री और केंद्रीय बैंक गवर्नर और यूरोपीय संघ के वित्त मंत्री और केंद्रीय बैंक के गवर्नर शामिल होते हैं। प्रत्येक वर्ष स्पेन के अलावा, जी20 के मेहमानों में आसियान देशों के अध्यक्ष; दो अफ्रीकी देश (अफ्रीकी संघ के अध्यक्ष और अफ्रीका के विकास के लिए नई साझेदारी के प्रतिनिधि) और एक देश (कभी-कभी एक से अधिक) जी20 के अध्यक्ष द्वारा आमंत्रित किया जाता है, आमतौर पर वे अपने ही क्षेत्र से होते हैं। G20 का अध्यक्ष बना रहेगा जिसके अध्यक्ष श्री नरेन्द्र दामोदर दास मोदी है। इसके अलावा 2023 G20 खजुराहो शिखर सम्मेलन 2023 23 से 25 फरवरी तक किया जाना है। लीडर्स [ ] सदस्य नेता का पद राज्य का नेता वित्त पोर्टफोलियो पोर्टफोलियो मंत्री सेंट्रल बैंक गवर्नर राष्ट्रपति वित्त मंत्री निकोलस दुजोवने गुइडो सैंडलरिस कोषाध्यक्ष जोश फ्राइडेनबर्ग फिलिप लोव...

• Group of 20 (G20) • International Accounting Education Standards Board (IAESB) • International Auditing and Assurance Standards Board (IAASB) • International Ethics Standards Board for Accountants (IESBA) • International Federation of Accountants (IFAC) • International Forum For Accountancy Development (IFAD) • International Forum of Accounting Standard Setters (IFASS) • International Organization of Securities Commissions (IOSCO) • International Public Sector Accounting Standards Board (IPSASB) • International Valuation Standards Council (IVSC) • Public Interest Oversight Board (PIOB) Background The "Group of 20" (G20) is made up of the finance ministers and central bank governors of 19 countries and the The G20's involvement in financial reporting The G20 meets regularly to discuss matters of common interest. As a result of the The G20 has for some time called for the global convergence of accounting standards and has supported the Related news • • 28 Feb 2023 • The G20 has issued a meeting summary of the First G20 Finance Ministers and Central Bank Governors meeting held in Bangalore on 24-25 February 2023. • • 20 Feb 2023 • The International Organization for Securities Commissions (IOSCO) has released a statement welcoming the ISSB’s decision to enter into the finalisation phase of its inaugural corporate sustainability reporting standards. In addition, in a letter to the G20 Finance Ministers and Central Bank Governors, the Financial Stability Board (FSB) calls the ...

G20 - India Takes over G20 Presidency India assumed the presidency of the G20 grouping from Indonesia, on December 1, 2022, and will hold the post for a year. This offers a unique opportunity for India to contribute to the global agenda on pressing issues of international importance. Recently G20 summits started focusing not only on macro economy and trade; but also on a wide range of global issues which have an immense impact on the global economy since globalization started progressing and various issues became more intricately intertwined. Those issues included overall development, climate change and energy, health, counter-terrorism, as well as migration and refugees. The G20 has sought to realize an inclusive and sustainable world through its contributions towards resolving these global issues. This is an important topic for the UPSC 2023 exam . Explore The Ultimate Guide to IAS Exam Preparation G20 countries Argentina Australia Brazil Canada China France Germany India Indonesia Italy Japan Mexico Republic of Korea Republic of South Africa Russia Saudi Arabia Turkey United Kingdom United States of America European Union (EU) Looking for study material to ace the upcoming IAS Exam? Start your preparation now with the UPSC Previous Year Question Papers !! To complement your preparation for the upcoming exam, check the following links: • UPSC Mains General Studies Paper-II – Strategy, Syllabus, Structure • Polity Questions for UPSC Mains • Topic-Wise GS 2 Questions o...

Introduction • The G20 or Group of Twenty is an intergovernmental forum comprising 19 countries and the European Union (EU) • The G20 is composed of most of the world’s largest economies, including both industrialized and developing nations, and accounts for around 90% of gross world product (GWP), 75–80% of international trade, two-thirds of the global population, and roughly half the world’s land area • The G20 was founded in 1999 in response to several world economic crises • Since 2008, it has convened at least once a year, with summits involving each member’s head of government or state, finance minister, foreign minister, and other high-ranking officials; the EU is represented by the European Commission and the European Central Bank • • Chair rotation • To decide which member nation gets to chair the G20 leaders’ meeting for a given year, all members, except the European Union, are assigned to one of five different groupings • All countries within a group are eligible to take over the G20 Presidency when it is their group’s turn. Therefore, the states within the relevant group need to negotiate among themselves to select the next G20 President • Organization • The G20 operates without a permanent secretariat or staff • The incumbent chair establishes a temporary secretariat for the duration of its term, which coordinates the group’s work and organizes its meetings • The 2023 and 2024 summits will be hosted by India and Brazil respectively • In addition to these 20 me...

In News • The G20 summit was recently concluded in Bali, Indonesia. More about the news • India’s Presidency: • Indonesia handed over the G20 presidency to India for the coming year as the Bali summit of the grouping ended with the member states finalising the joint declaration. • Bali Leaders’ Declaration: • War in Ukraine: • The declaration stated that the war in Ukraine is causing economic difficulties and insecurity worldwide. • It also termed the threat of using nuclear weapons in the war as “inadmissible”. • Most members strongly condemned the war in Ukraine and stressed it is causing immense human suffering and exacerbating existing fragilities in the global economy - • Constraining growth, • Increasing inflation, • Disrupting supply chains, • Heightening energy and food security and • Elevating financial stability risks, said the declaration . • Threats to security: • The G20 declaration also called upon the international community to “step up” efforts to counter • Money laundering, • Terrorism financing and • Proliferation financing • The declaration also urged the Financial Action Task Force (FATF) and FATF Style Regional Bodies to “lead global action” to respond to these threats. • Multilateral Trading System (MTS): • The leaders also said the “rules-based, non-discriminatory, free, fair, open, inclusive, equitable, sustainable and transparent multilateral trading system (MTS) with the WTO [World Trade Organisation] at its core, is indispensable” to advancing in...