About G20 Summit 2023

Leaders from the most powerful nations in the world are flocking to New Delhi for the G20 Heads of State and Government Summit to be held on September 9-10. The Group of Twenty commonly known as G20 is a premier forum for international economic cooperation. The major emphasis is laid on shaping and strengthening global architecture and governance on all major international economic issues.

G20 Summit 2023 Highlights

What is the G20?

The G20, or the Group of Twenty, comprises 19 countries (Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, United Kingdom, and the United States) and the European Union.

However, the G20 Summit 2023 Ministers Meeting will be held on 9, 10 September 2023 at Bharat Mandapam International Exhibition-Convention Centre (IECC).

What is this year's theme?

India’s G20 theme is derived from the Sanskrit phrase, “Vasudhaiva Kutumbakam” (or the world is a family). According to the organisers, the theme is drawn from an ancient Sanskrit text. The phrase highlights the “value of all life human, animal, plant, and microorganisms – and their interconnectedness on the planet Earth and in the wider universe”.

The theme in English says: “One Earth, One Family, One Future”. The event will also focus on LiFE (Mission Lifestyle for Environment), “with its associated, environmentally sustainable and responsible choices”, say the organisers.

What is the agenda of the G20 2023 Summit?

G20 has expanded on topics from economics and finance, including climate change, sustainable energy, debt relief, and multinational corporation taxation.

1. Green Development, Climate Finance & LiFE

India's focus on climate change, with a particular emphasis on climate finance and technology, as well as ensuring just energy transitions for developing countries. Introduction of the LiFE movement, which promotes environmentally-conscious practices and is based on India's sustainable traditions.

2. Accelerated, Inclusive & Resilient Growth

Focus on areas that have the potential to bring structural transformation, including supporting small and medium-sized enterprises in global trade, promoting labour rights and welfare, addressing the global skills gap, and building inclusive agricultural value chains and food systems.

3. Accelerating Progress on SDGs

Recommitment to achieving the targets set out in the 2030 Agenda for Sustainable Development, with a particular focus on addressing the impact of the COVID-19 pandemic.

4. Technological Transformation & Digital Public Infrastructure

Promotion of a human-centric approach to technology and increased knowledge-sharing in areas such as digital public infrastructure, financial inclusion, and tech-enabled development in sectors such as agriculture and education.

5. Multilateral Institutions for the 21st Century

Efforts to reform multilateralism and create a more accountable, inclusive, and representative international system that is fit for addressing 21st-century challenges.

6. Women-led Development

Emphasis on inclusive growth and development, with a focus on women empowerment and representation in order to boost socio-economic development and the achievement of SDGs.

G20 Summit 2023 Schedule