Indian Finance Minister Nirmala Sitharaman and IMF's Kristalina Georgieva also discussed regulating crypto assets
The meeting will be held in Bengaluru from February 9-11, 2023
It has a target of the annual production of 500 MMT (million metric tonnes) of green hydrogen by 2030
With sustainable finance being a niche sector and most still in the learning process, the Sustainable Finance Working Group (SFWG) of G20 under India's presidency will work towards capacity building in the segment by identifying requirements, efforts already in place and existing gaps, an official said. It will then come up with recommendations on what needs to be done in specific areas and how organisations can contribute towards it, she added. Capacity building of the ecosystem for financing sustainable development was among the priority areas taken up for discussion in the 1st SFWG meet, Geetu Joshi, adviser, Ministry of Finance (MoF), said at the end of the two-day meeting here on Friday. She said it had been taken up because in many countries there is a lack of adequate knowledge and a scarcity of skilled professionals and workforce in sustainable finance. There is a lack of adequate knowledge. One member country said during a session that they thought only developing countrie
The first-ever G20 meeting in Assam began on Thursday with Union Minister Sarbananda Sonowal inaugurating the two-day event, which will deliberate on sustainable financing solutions. More than 100 delegates, including 95 foreign officials, comprising representatives of G20 nations, guest countries and international organisations have assembled in Guwahati for the discussions of the influential world grouping. "Today's meeting being held in the vicinity of this magnificent land of Guwahati has a special meaning to it as communities from diverse ethnicity and culture, socially coexist in harmony with nature through sustainable practices," Sonowal said during his inaugural speech. The G20 group through the '1st Sustainable Finance Working Group Meeting' (SFWGM) in Guwahati is sharing a timely message of sustainable finance to maximise sustainable investment, the Union Shipping, Ports and Waterways Minister said. "As the world continues to battle the fragilities of our fundamental glob
As part of summit, IIT Madras will hold a G20 Seminar on 'Role of Digital Technology in Education' at its Research Park on January 31
The first G20 International Financial Architecture Working Group meeting will start on Monday, where participants will discuss ways to enhance stability and cohesion of the global financial architecture and how to make it fit to address the global challenges of the 21st century. The meeting will also focus on exploring ways to provide maximum support to poor and vulnerable countries, Anu P Mathai, economic advisor, department of Economic Affairs, told the media here on Sunday. Around 100 delegates from the G20 countries, invitee countries and international organisations will be participating in the two-day meeting. Union Minister of Agriculture and Farmers Welfare Narendra Singh Tomar and Minister of Food Processing Industries Pashupati Kumar Paras will inaugurate it, she said. Discussions during the meeting will be jointly steered by the ministry of finance and the Reserve Bank of India along with France and Korea who are the co-chairs of the International Financial Architecture .
India's G20 presidency will be decisive, inclusive and outcome-oriented, said G20 Sherpa Amitabh Kant at a press conference on Friday
Kerala Governor Arif Mohammed Khan on Thursday said diligence and tenacity of India, world's largest democracy and home to a sixth of humanity, helped it to emerge as a world leader by assuming presidency of G20 nations. Leading the Republic Day celebrations at the Central Stadium in the State capital of Kerala, Khan said that instead of merely fighting for its survival, India was guiding the world with its mantra of 'act in unison' in tackling global issues like climate change, terrorism and pandemics. "As a nation, our diligence and tenacity have paid rich dividends, which are visible through a plethora of accomplishments proclaiming our robustness and philosophy of life and enhancing our prestige in the comity of nations," he said at the event also attended by Chief Minister Pinarayi Vijayan. Khan said that as home to almost one-sixth of humanity, India stands tall as a "microcosm of the world," embellished by its immense diversity and at the same time "firmly united by a sense o
The B20 is the official G20 dialogue forum with the global business community
Entire stack of indigenously built 4G & 5G will be offered to the world in 2024
B20 was established 13 years ago and is among the key engagement groups of G20, representing the priorities of businesses globally
Civic authorities have built a park in the Lajpat Nagar market area and decorated it with sculptural art, while plans are afoot to install public art at other places also to enhance the look and feel of the city for the G20 meetings. India is expected to host over 200 G20 meetings and events during its yearlong Presidency of the influential group which will culminate with an annual summit on September 9 and 10. The Municipal Corporation of Delhi (MCD) in a statement said it has stepped up its preparations for the G20 events. Delhi Lt Governor V K Saxena inaugurated the park built by the MCD and its located in the middle of the market, near gate No.5 of the Lajpat Nagar Metro Station, a senior official said. To increase the beauty of the park, different types of shrubs and flowering plants have been planted, while elephant sculptures made of stone have been installed as part of public arts, he said. The corporation has also developed a selfie-spot in the South Extension Part-2 Mark
The Business 20 (B20) inception meeting being organised in Gujarat's Gandhinagar city from Sunday as part of India's G20 presidency will deliberate on issues ranging from climate change, innovation, global digital cooperation and resilient global value chains, officials said here. As part of the three-day meeting, delegates will be taken for a visit to Dandi Kutir, a museum on Mahatma Gandhi in Gandhinagar, on Sunday evening, Gujarat finance department's principal secretary Mona Khandhar told reporters. The B20 India 2023 dialogue will take place under the theme of 'RAISE,' an acronym for Responsible, Accelerated, Innovative, Sustainable and Equitable Businesses, she said. A plenary session for the B20 meeting will be organised at the Mahatma Mandir in Gandhinagar on Monday in which Union Commerce Minister Piyush Goyal, Railway Minister Ashwini Vaishnaw, Gujarat Chief Minister Bhupendra Patel and India's G20 Sherpa Amitabh Kant will take part, the official said. "The plenary sessio
Jammu and Kashmir Lieutenant Governor Manoj Sinha on Saturday sought the active participation of educational institutions in the G20 meeting to be held in the Union Territory
"India remains a bright spot amid global geoeconomics and geopolitical crises," he added
Countries must work collectively to preserve themselves in such crises, says minister
India also aims to achieve convergence in discussions and work towards integrated action, the ministry added
The work of Varanasi's facelift will be completed by March 31, in time for the five G20 events to be held here between April and August
The two-day G20 Infrastructure Working Group (IWG) will begin in Pune on Monday with the participants deliberating on various aspects of infrastructure investments. The meeting will be joined by 65 delegates from IWG member countries, guest nations, and international organizations invited by India to discuss the 2023 Infrastructure Agenda under the Indian G20 Presidency, an official release said. The Department of Economic Affairs, Ministry of Finance, and Government of India will host the two-day IWG meetings, with Australia and Brazil as the co-chairs, said the release. "The G20 Infrastructure Working Group deliberates on various aspects of infrastructure investments, including developing infrastructure as an asset class; promoting quality infrastructure investment; and identifying innovative instruments for mobilizing financial resources for infrastructure investment," it said. The outcomes of the Infrastructure Working Group feed into the G20 Finance Track priorities to promote