The T20 is poised to bolster South Africa’s G20 presidency by bringing together leading thinkers from across the world. They will collaborate within five dedicated Task Forces, focusing their expertise on the following critical themes.
Trade and Investment
Trade and investment are key activities that nurture economic progress through collaboration and competition. However, achieving more inclusive, resilient, and sustainable processes still requires greater attention. This task force will consider the outcomes of the Brazilian G20 presidency, including decisions on the digitalisation of trade instruments; mapping global industrial, value and supply chains; accelerating their industrialisation and modernisation process; and committing to enhance national ownership and maximise the impact of investments.
As the increasingly globalised digital economy becomes more concentrated and complex, rather than driving socio-economic development, it is amplifying socio-economic inequality, both within and between countries. Africa's first G20 Presidency in South Africa presents a strategic opportunity to develop a truly transformative digital agenda that creates public and social value, enhances local private value creation and kickstarts progress towards achieving the Sustainable Development Goals (SDGs). This T20 task force on digital transformation asks: How can we transform the digital and data economy to redress digital inequality reflected in the uneven distribution of harms and opportunities associated with the advanced data-driven technologies to build a shared vision of the future that enables equitable, inclusive, just and sustainable development?
Financing for development is a central issue for the G20, given its crucial role in tackling global challenges such as poverty, inequality and climate change. To effectively contribute to addressing these challenges, this task force will make inputs on reforming the international financial architecture and multilateral development banks; finding sustainable solutions for sovereign debt; and establishing a fair and equitable taxation system.
This task force focuses on identifying the mechanisms and approaches needed to accelerate the G20's implementation of the Sustainable Development Goals (SDGs). It will contribute policy ideas on accelerating SDG enablers and reducing negative spillovers; reducing inequalities; and improving food security through sustainable food systems.
Accelerating Climate Action and the Just Energy Transition
Ambitious climate action and inclusive, just energy transitions are central to ensuring a more sustainable, equitable and resilient world for current and future generations. This taskforce will propose recommendations for promoting sustainable and equitable critical mineral value chains; alleviating barriers to multilateral and development finance for sustainability; and consider ways to support nationally driven and equitable country platforms to advance energy transitions.
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