Page 9 - G20

G20 presidency: Rann of Kutch to host first Tourism Working Group meet

As part of India's G20 presidency, Gujarat will host the first Tourism Working Group (TWG) meeting at Dhordo Tent City in Rann of Kutch from Tuesday, officials said. The three-day TWG meeting, which will be attended by Union Tourism Minister G Kishan Reddy, will be the second G20 event in the state after the 'Business 20 Inception' programme held in Gandhinagar last month, an official statement said. Gujarat Chief Minister Bhupendra Patel will attend the TWG meeting on Tuesday and Wednesday, his office said. On the first day, delegates will get a chance to visit the White Rann of Kutch, followed by a cultural programme showcasing the rich heritage of the region, while an event focusing on 'Rural Tourism for Community Empowerment and Poverty Alleviation' will also be held, as per a government release. Union minister Reddy, World Tourism Organization's chief of Tourism Market Intelligence and Competitiveness Sandra Carvao, among others, will share insights at this event. A panel ...

Nations reach a common understanding on fossil fuel usage at G20 meeting

The first ever Energy Transition meet in India has seen a consensus emerge on nations needing separate pathways to energy transition

G20 working group meeting to discuss climate change, land degradation

The meeting will be held in Bengaluru from February 9-11, 2023

Land degradation to blue economy: Priority areas under India's G20 prezy

Land degradation, biodiversity loss, marine pollution, need for protection of mangroves and coral reefs, resource overconsumption and lack of waste absorption are the key environmental concerns which will be addressed in India's G20 presidency, the Union environment ministry said on Monday. Officials also said the issue of climate finance will be factored in the discussions. The Environment and Climate Sustainability Working Group, one of the 13 working groups under the Sherpa track, will meet four times between February and May. The first meeting will be held in Bengaluru (February 9-11), the second in Gandhinagar (March 27-29), the third in Mumbai (May 21-23) and the fourth in Chennai (May 26-27). The ministerial meeting of the group is planned to be held on July 28 in Chennai. "There is an urgent need to arrest land degradation, biodiversity loss and restore ecosystems as 23 per cent of the global land area is no longer productive for agricultural use because of resource extrac

India's economy already 10% more energy efficient than G20 average: IEA

LiFE measures can also help lower inequalities in energy consumption and emissions between countries

Digital skilling in G20: The future of work and a future-ready workforce

India's current Group of Twenty (G20) Presidency is an opportunity to strengthen cooperation in digital skilling as a significant step towards an inclusive future of work

India needs $10 trillion till 2070 for energy transition at G20 meeting

Policy on carbon capture likely in next 3 months

R K Singh calls on G20 partners to come together against global warming

Union Minister for Power and New and Renewable Energy RK Singh on Sunday called upon the G20 member countries to come together in countering the challenges posed by global warming and climate change

G20 meeting in Patna slated in early March postponed to June: Official

A G20 meeting in Patna which was earlier slated to take place early March has now been planned to be held in June, according to a senior official. India assumed the presidency of the influential bloc on December 1. Over 200 meetings are planned to be hosted at 55 locations across the country. "A meeting of G20 was earlier scheduled to be held in the first week of March. But, the date has now been changed, and it is planned to be held sometime in June," a senior official of the Bihar government told PTI. The G20 meeting in Patna is to be held on the labour track, and several delegates are expected to take part in it. Meanwhile, various state government departments and district administration are gearing up for the key event in the Bihar capital, sources said. The venue for the meeting in Patna has not been decided yet, they said. The Bihar art and culture department has been made the nodal agency for the G20 event, and plans are afoot to give the delegates a pleasant experience du

PM Modi to launch key green energy initiatives at India Energy Week

Prime Minister Narendra Modi will inaugurate the mega G20 event, which will witness the record participation of more than 600 exhibitors from across the globe

Green bonds, SLBs, MDBs in focus at G20 meet on sustainable finance

The delegates deliberated on raising the size of blended finance, and stressed on the importance of multilateral development banks to deal with growing climate change impacts

G20 education working group likely to lead to university tie ups

Collaboration with Universities across the globe would be the major outcome of the deliberations at the Chennai Meet, Sanjay Murthy, Secretary Higher Education

Inclusive, resilient growth focus of India's G20 priorities: S Jaishankar

India's priorities for its G20 Presidency are to ensure inclusive and resilient growth with a focus on challenges being faced by the countries of the Global South, External Affairs Minister S Jaishankar said on Thursday. Replying to a question in Rajya Sabha, Jaishankar also listed technological transformation and public digital infrastructure, reform in the multilateral institutions, women-led development and international peace and harmony as key focus areas for India's presidency of the grouping. India assumed the presidency of the influential bloc G20 at its annual summit in Bali in November with a promise of striving to ensure that the grouping acts as a global prime mover to envision new ideas and accelerate collective action to deal with pressing challenges. India is hosting a series of events and meetings ahead of the G20 summit later this year. "India's G20 Presidency priorities are inclusive and pragmatic, with broad areas of substantive deliberations comprising inclusive

India will try to forge consensus on roadmap to regulate crypto at G20: DEA

Amidst turmoil in crypto currencies market, India is working with the Financial Stability Board (FSB) so that a consensus on a roadmap for regulating virtual assets could be agreed at during India's G-20 presidency itself, Economic Affairs Secretary Ajay Seth said on Thursday. India as assumed G-20 presidency for 2023. The G20 is a premier forum for international economic cooperation that plays an important role in global economic governance. In an interview to PTI, Seth said that an IMF paper on crypto assets was discussed among emerging economies on January 15 and 16 in Delhi. "We had a one-and-a-half day workshop. Thereafter, they are drafting a paper for a seminar, which will be conducted on the sidelines of G20 Finance Ministers and Central Bank Governors meeting in Bengaluru that is scheduled on February 23," he said. That seminar is intended at arriving at a policy consensus on crypto assets, he said. At the same time, he said, "We are also working with the FSB and the idea

UNDP administrator Achim Steiner highlights India's G20 presidency

Speaking at the UN, Steiner said that he will be travelling to India in a couple of weeks to attend the G20 Finance Central Bank Governors meeting

Education key driver for development, says Minister Murugan at G20 EdnWG

Education is the key driver for development, and a critical enabler for people's empowerment, Union Minister of State for Information and Broadcasting L Murugan said on Wednesday. Education should keep pace with the changes driving the world today, he said. Owing to rapid transformation in recent years, what is needed is an education system that equips people, especially the more vulnerable ones, with knowledge, skills, values and attitudes required for productive and responsible lives, Murugan said. "Every country in the world has evolved its own strategies for fulfilling this need. India launched its National Education Policy in 2020, under which many initiatives have been rolled out for making education more inclusive, accessible, affordable, relevant to emerging needs and of high quality," he said in his opening remarks at the G20 Education Working Group meeting here. Some of these include addressing issues of early childhood care and education, preventing school dropout, ...

G20 two-day meet: Participants discuss debt, multilateral development banks

A two-day meeting of the G20 International Financial Architecture Working Group concluded here on Tuesday with participants discussing issues pertaining to strengthening multilateral development banks and how to address challenges associated with debt. Around 100 delegates from the G20 countries, invitee countries and international organisations participated in the meeting, Anu P Mathai, adviser, the Ministry of Finance, said while addressing the media here. The discussions during the two-day meeting were 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 Working Group. Matahi said the meeting was conducted over two days and the aim was to seek views of the G20 member countries and the invitee countries on the agenda of this group under the Indian presidency. "The subjects that were discussed over the last two days were how to strengthen multilateral development banks

Developed world hasn't acted on 2009 climate pledge: G-20 Sherpa Kant

India will be seeking to restructure multilateral financial institutions like the International Monetary Fund and World Bank which are out of sync with present-day challenges, a top official said on Monday. These Bretton Woods bodies were created after the World Bank, and are largely focused on the direct lending which was necessary in the post-second world war period, India's G-20 Sherpa, Amitabh Kant, said. He said 15x more resources can be ploughed in to fight various developmental challenges like education and health and achieve sustainable development goals by using innovative financial instruments like blended finance, credit enhancement and first loss guarantees. So you will need a restructuring of the multilateral financial institutions over a long period of time. And that is critical for the world. I mean, a lot of these are things which are doable within this year's presidency, Kant said during an Asia Society event here late this evening. Earlier in the day, Kant had sai

Guru of globalisation

The Presidency of G20 should be used by India to argue for globalisation and a rules-based global economic order

India undeniably a global powerhouse, says South Korea at G20 meet

South Korea on Monday said India is undeniably a global powerhouse and that the Indian presidency of G20 will unleash its potential and pay heed to insights and feedback from members and contribute to the international community. The statement came from a representative of South Korea who was speaking at the inaugural ceremony of the two-day G20 International Financial Architecture Working Group meeting here. The discussions during the meeting will be jointly steered by Ministry of Finance and Reserve Bank of India along with France and South Korea who are co-chairs of the International Financial Architecture Working Group. The impression of this country is that India is undeniably a global powerhouse that not only is a hard power evidenced by economic scales and population but also a soft power equipped with well-known films, cuisines, history and renowned figures, Byungsik Jung, the representative of South Korea said at the inauguration. He also exuded confidence about the succe