📰 What is the G20 and Why Does It Matter?
1️⃣ What is the G20?
🌍 The G20 is a group of 19 countries and the European Union that work together to address major global economic issues.
💰 These countries represent 85% of world GDP, 75% of global trade, and two-thirds of the world’s population!
2️⃣ Members of the G20
- Argentina 🇦🇷
- Australia 🇦🇺
- Brazil 🇧🇷
- Canada 🇨🇦
- China 🇨🇳
- France 🇫🇷
- Germany 🇩🇪
- India 🇮🇳
- Indonesia 🇮🇩
- Italy 🇮🇹
- Japan 🇯🇵
- Mexico 🇲🇽
- Russia 🇷🇺
- Saudi Arabia 🇸🇦
- South Africa 🇿🇦
- South Korea 🇰🇷
- Turkey 🇹🇷
- United Kingdom 🇬🇧
- United States 🇺🇸
- European Union 🇪🇺
3️⃣ How and Why Was the G20 Formed?
🗓️ Established in 1999 after the Asian Financial Crisis, initially as a meeting of Finance Ministers.
💬 Upgraded to a Leaders' Summit in 2008 after the Global Financial Crisis.
4️⃣ Main Goals of the G20
- 🎯 Promote global economic stability
- 🧾 Coordinate financial policies
- 🌱 Ensure sustainable development
- 🌍 Tackle climate change
- 💡 Support innovation and technology
5️⃣ Why is the G20 Important?
🌐 It unites the world’s major powers to tackle issues like:
- Pandemics
- Wars
- Inflation
- Climate Change
📣 It helps shape the future of global governance.
6️⃣ India’s Role in the G20
🇮🇳 A founding member promoting:
- Inclusive growth
- Digital transformation
- Global health
- Sustainable development
🌍 India represents the Global South and developing nations.
7️⃣ India's G20 Presidency (2023)
🪷 Theme: “One Earth, One Family, One Future” – based on Vasudhaiva Kutumbakam.
🌏 Hosted 200+ meetings in 60 cities.
📅 Summit: 9–10 September 2023 in New Delhi.
8️⃣ Key Highlights from G20 Summit 2023
- ✅ African Union became a permanent member
- ✅ Focus on climate finance, DPI, gender equality, green growth
- 🎉 India launched G20 Digital Economy Working Group
9️⃣ What Happens During a G20 Summit?
- 🏛️ Leaders discuss key issues
- ✍️ Sign joint declarations
- 🌐 Launch initiatives
- 🤝 Conduct bilateral meetings
📌 While not legally binding, G20 decisions influence global policies.
🔟 Why Should Students Care About the G20?
- 🧠 Stay informed about global issues
- 🌍 Learn global cooperation
- 🎓 Get inspired to be leaders, diplomats, economists
- 🇮🇳 Understand India’s global role
🌟 Conclusion
The G20 is not just about politics — it's a platform where leaders work to solve real-world problems. With India’s growing leadership, the G20 is shaping a more inclusive and sustainable future. As students, being aware of the G20 empowers you to think globally and act responsibly!