What is the G20 Summit 2025?

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What is the G20 Summit 2025?

The G20 Summit, also known as the Group of Twenty, is an annual international forum for the governments and central bank governors of the world’s largest economies. The G20 was founded in 1999 in response to the Asian financial crisis and has since become a leading platform for international cooperation on a wide range of economic and financial issues.

The G20 members account for approximately 80% of global GDP and 60% of the world’s population. The group includes the United States, China, Japan, Germany, France, the United Kingdom, Italy, Canada, Russia, India, Brazil, Mexico, Indonesia, Turkey, South Africa, Saudi Arabia, Argentina, Australia, and the European Union.

The G20 Summit is typically held in a different country each year. The 2025 summit will be hosted by India. The summit will be held in New Delhi, the capital of India, from September 9-11, 2025.

The theme of the 2025 summit is "One Earth, One Family, One Future." The summit will focus on a range of issues, including:

• The global economy
• Climate change
• Sustainable development
• Terrorism
• Migration
• Health

The G20 Summit is an important opportunity for world leaders to discuss and coordinate on key global issues. The summit is also an opportunity for businesses and civil society organizations to engage with governments on these issues.

History of the G20 Summit

The G20 was founded in 1999 in response to the Asian financial crisis. The crisis had a significant impact on the global economy and led to calls for greater international cooperation on economic and financial issues.

The first G20 summit was held in Washington, D.C., in 1999. The summit was attended by the finance ministers and central bank governors of the G20 countries. The summit focused on a range of issues, including the global economy, financial stability, and development.

The G20 has since become a leading platform for international cooperation on economic and financial issues. The summit has been held annually since 2008. The summit has also been expanded to include leaders from other countries and organizations, such as the United Nations and the World Bank.

Structure of the G20 Summit

The G20 Summit is typically held over two days. The first day of the summit is typically devoted to meetings of finance ministers and central bank governors. The second day of the summit is typically devoted to meetings of heads of state and government.

The G20 Summit is chaired by the host country. The chair of the summit is responsible for setting the agenda for the summit and leading the discussions.

The G20 Summit is also supported by a number of working groups and task forces. These groups work on specific issues, such as climate change, sustainable development, and terrorism.

Significance of the G20 Summit

The G20 Summit is an important opportunity for world leaders to discuss and coordinate on key global issues. The summit is also an opportunity for businesses and civil society organizations to engage with governments on these issues.

The G20 Summit has a number of significant achievements. These achievements include:

• The development of the G20 Action Plan in response to the global financial crisis
• The establishment of the Financial Stability Board to promote financial stability
• The adoption of the Paris Agreement on climate change
• The launch of the Sustainable Development Goals

The G20 Summit is a key forum for international cooperation on a wide range of economic and financial issues. The summit is also an important opportunity for businesses and civil society organizations to engage with governments on these issues.

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