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The G20 2025: A Comprehensive Guide

The G20 2025: A Comprehensive Guide

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The G20 2025: A Comprehensive Guide

Introduction

The Group of Twenty (G20) is an intergovernmental forum comprising the world’s major developed and developing economies. It plays a crucial role in shaping the global economic and financial agenda. The G20 summit, held annually, brings together leaders from these countries to discuss and coordinate policies on a wide range of issues, including economic growth, financial stability, climate change, and sustainable development.

In 2025, India will assume the presidency of the G20. This will mark a significant milestone in India’s global leadership and its commitment to shaping the future of the global economy.

India’s G20 Presidency

India will take over the presidency of the G20 from Indonesia on December 1, 2024. As the chair, India will set the agenda for the G20 summit in 2025 and lead the discussions on key global issues.

The theme for India’s G20 presidency is "One Earth, One Family, One Future." This theme reflects India’s commitment to promoting inclusivity, sustainability, and global cooperation.

Key Priorities

India’s G20 presidency will focus on several key priorities, including:

• Global Economic Recovery: India will work to foster global economic recovery from the COVID-19 pandemic and promote inclusive and sustainable growth.
• Climate Action: India will prioritize climate action, including the implementation of the Paris Agreement and the promotion of clean energy technologies.
• Sustainable Development: India will champion sustainable development, with a focus on poverty eradication, food security, and access to healthcare.
• Digital Transformation: India will promote digital transformation and the adoption of emerging technologies to drive economic growth and social progress.
• Counter-Terrorism: India will emphasize the importance of counter-terrorism cooperation and the fight against extremism.

Expected Outcomes

India’s G20 presidency is expected to deliver several tangible outcomes, including:

• A roadmap for global economic recovery: India will work with other G20 members to develop a comprehensive plan for economic recovery and growth.
• A global climate action plan: India will lead the efforts to develop a global climate action plan that aligns with the Paris Agreement goals.
• A framework for sustainable development: India will propose a framework for sustainable development that addresses the challenges of poverty, hunger, and health disparities.
• A digital transformation agenda: India will promote a digital transformation agenda that fosters innovation, entrepreneurship, and economic growth.
• Enhanced counter-terrorism cooperation: India will strengthen cooperation among G20 countries in the fight against terrorism and extremism.

Significance for India

India’s G20 presidency is a significant opportunity for the country to showcase its leadership and contribute to shaping the global agenda. It will also provide India with a platform to promote its own national priorities, such as economic growth, social development, and climate action.

International Cooperation

India’s G20 presidency will require close cooperation with other G20 members, as well as international organizations and civil society groups. India will need to build consensus on key issues and work together to achieve the desired outcomes.

Challenges

India’s G20 presidency will face several challenges, including:

• Global economic uncertainty: The global economy is facing significant challenges, including inflation, supply chain disruptions, and geopolitical tensions.
• Climate change: The world is facing an urgent climate crisis that requires immediate action.
• Terrorism and extremism: Terrorism remains a major threat to global security.
• Digital divide: The digital divide between developed and developing countries needs to be addressed.

Conclusion

India’s G20 presidency in 2025 is a historic opportunity for the country to shape the global agenda and contribute to a more prosperous, sustainable, and inclusive future. With its commitment to "One Earth, One Family, One Future," India will work with other G20 members to address the challenges facing the world and build a better future for all.

Closure

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