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In history India 1st time hosting G 20 summit In 2023 India Happy to hosting , with 43 heads in attending the final New Delhi 9-10 September 2023 India.https://en.wikipedia.org/wiki/India
The G 20 summit scheduled to take place in Bharat Mandapam International Exhibition-Convention Centre, Pragati Maidan, New Delhi 2023. It was first-ever G20 summit to be held in India as well as in south Asia.
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Table of Contents
What is G20 summit
The group of 20 that [G20] will hold its 18 the head of state and government summit in New Delhi, India.
The meeting in 2023 will Centre of the theme ‘’ One Earth, One family, One Future’’.
Or Vasudhaiva Kutumbakam Under the India presidency. Sustainable Development Goals (SDGs} LIFE [Lifestyle for Environment]
The Subject upholds the importance of people, animal, plants and microorganisms as well as their independence on the earth.
At the summits summary anticipated adopts a Leaders declaration that expresses the commitment of the leaders to the issued that were debated and chosen as top priorities ministerial and working group meeting.
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19 nations and EU make up the G20.
Saudi Arabia, south Africa, turkey, The United Arab Emirates, Argentina, Australia, Brazil, Canada, china, Germany, France, Indonesia, Italy, Japan, The Republic of Korea, Mexico, Russia, India, The US.
Which Year was the G-20 summit first held.
20 countries came together in 1999 to form which known as the G20.
But 1st summit 14-15 November 2008. Host United States national building Museum Washington D.C.
17th summit 15-16 November 2022. Host Indonesia The Apurva Kempinski,Bali.
18th summit 9-10 September 2023 Host India Pragati Maidan, New Delhi
Cost for hosting G20 summit India -$ 125 Million.
19th summit 2024 host Brazil.
G 20 summit in 2023 India happy
Current CO2 emissions gap consistent with 1.5°C in 2030 is estimated to be 20.3 billion tonnes–23.9 billion tonnes of CO2.
The G-20 Leader’s Declaration the need for USD 5.8-5.9 trillion in the pre-2030 period required for developing countries….as well as USD 4 trillion per year for clean energy technologies by 2030 to reach net zero by 2050
Global economic growth and stability .Years of challenges and crises have reversed gains in the 2030 Agenda and its Sustainable Development Goals (SDGs). Global greenhouse gas (GHG) emissions continue to increase, with climate change, biodiversity loss, pollution, drought, land degradation and desertification threatening lives and livelihoods
Rising commodity prices, including food and energy prices are contributing to cost of living pressures. Global challenges like poverty and inequality, climate change, pandemics and conflicts disproportionately affect women and children, and the most vulnerable. We highlighted the human suffering and negative added impacts of the war in Ukraine with regard to global food and energy security, supply chains, macro-financial stability, inflation and growth, which has complicated the policy environment for countries, especially developing and least developed countries which are still recovering from the COVID-19 pandemic and the economic disruption which has derailed progress towards the SDGs. There were different views and assessments of the situation.
G 20 Summit MSMEs
We recognise that start-ups and MSMEs are natural engines of growth.
the role of digital transformation, AI, data advances, and the need to address digital divides. We endorse the G20 Principles on Harnessing Data for Development (D4D) and welcome the decision to launch Data for Development Capacity Building Initiative, and other existing initiatives.
G 20 Summit Goal India
We commit to global food security and nutrition for all in line with the G20 Deccan High-Level Principles on Food Security and Nutrition 2023. To achieve Focus on strengthening primary health care and health workforce and improving essential health services and health systems to better than pre-pandemic levels, ideally within the next 2-3 years,
Promote the One Health-based approach driven by the One Health Joint Plan of Action (2022-2026)
Promote and improve access to mental health services and psychosocial support in an inclusive manner
Recognize the importance of foundational learning literacy, numeracy, and social emotional skills as the primary building block for education. Extend support to educational institutions and teachers to enable them to keep pace with emerging trends and technological advances including AI. The G20 reaffirms that gender equality is of fundamental importance, and that investing in the empowerment of all women and girls, has a multiplier effect in implementing the 2030 Agenda.
G20 Education Ministers’ Meeting Outcome Document and Chair’s Summary (22 June 2023, Pune)
G20 Foreign Ministers’ Meeting Chair’s Summary and Outcome Document (1-2 March 2023, New Delhi
First G20 Finance Ministers and Central Bank Governors Meeting Chair’s Summary and Outcome Document (24 – 25 February 2023, Bengaluru)
G 20 summit Plans to Explore Crypto regulation India and Other countries
ndia may Wait to Firm Domestic Laws. Regulatory Frame work for Crypto assets India wait a while longer before firming up its domestic regulator.
IMF [International Monetary Fund] Directore Kristalina Georgiev said more work lies a head in digital money and crypto currency/ assets.
In India mooted by RBI [Reserve Bank Of India ] Under Government 30% tax paid Crypto currency.
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