The G20 has two primary engagement tracks: the Finance Track, for finance ministers and central bank governors, and the Sherpa Track, for the Sherpas. The Sherpas, who are appointed as personal envoys by the leaders of member nations, direct the proceedings of the G20. These Sherpas are responsible for coordinating the substantive work of the G20 and supervising the negotiations that occur throughout the year. Working groups addressing specific topics with representatives from relevant parties are present for both tracks.
This year, working groups will concentrate on global priority areas such as green development, climate finance, inclusive growth, and reforms for women’s empowerment to advance socioeconomic development. All of these measures are taken to expedite progress toward Sustainable Development Goals and ensure a brighter future for future generations.
India will host the G20 Leaders’ Summit for the first time in 2023, as 43 Heads of Delegation – the largest number ever to attend a G20 summit – will attend the final New Delhi Summit in September of this year. As a nation committed to democracy and multilateralism, India’s presidency will be a significant milestone as it seeks practical global solutions for the benefit of all and embodies the concept “Vasudhaiva Kutumbakam,” which translates to “the world is one family.”
The G20 Summit is held annually, and in 2023, India will hold the rotating presidency. The group has no permanent secretariat and is supported by the troika, which consists of the previous, current, and future presidents. In 2023, Indonesia, Brazil, and India will comprise the troika.
This summit will conclude a series of meetings held throughout the year, with Bengaluru, Chandigarh, Chennai, Guwahati, Indore, Jodhpur, Khajuraho, Kolkata, Lucknow, Mumbai, Pune, Rann of Kutch, Surat, Thiruvananthapuram, and Udaipur among the potential host cities for meetings from December 2022 to February 2023.
The theme of India’s G20 presidency is Vasudhaiva Kutumbakam, It is derived from the ancient Sanskrit scripture Maha Upanishad. The theme emphasizes the significance of all life, including humans, animals, plants, and microorganisms, as well as their interdependence on Earth and throughout the universe. The theme also exemplifies the LiFE (Lifestyle for Environment) initiative, which emphasizes the significance of environmentally sustainable and responsible lifestyle choices, both on an individual and national level, in creating a cleaner, greener, and bluer future.
The G20 Presidency also marks the beginning of “Amritkaal” for India, a 25-year period beginning on the 75th anniversary of its independence on August 15, 2022 and ending on the 100th anniversary of its independence in 2047.
The theme of India’s G20 presidency is Vasudhaiva Kutumbakam, which translates to “One Earth, One Family, One Future.” It is derived from the ancient Sanskrit scripture Maha Upanishad. The theme emphasizes the significance of all life, including humans, animals, plants, and microorganisms, as well as their interdependence on Earth and throughout the universe. The theme also exemplifies the LiFE (Lifestyle for Environment) initiative, which emphasizes the significance of environmentally sustainable and responsible lifestyle choices, both on an individual and national level, in creating a cleaner, greener, and bluer future.
The G20 Presidency also marks the beginning of “Amritkaal” for India, a 25-year period beginning on the 75th anniversary of its independence on August 15, 2022, and ending on the 100th anniversary of its independence in 2047.
India’s Priorities in G20
- Green Development, Climate Finance & LiFE
The focus of India is on climate change, with a particular emphasis on climate finance and technology, and ensuring equitable energy transitions for developing nations.
Introduction to the LiFE movement, which promotes eco-friendly practices and is rooted in India’s sustainable traditions.
- Accelerated, Inclusive & Resilient Growth
Focus on areas that have the potential to bring about structural change, such as promoting labor rights and welfare, addressing the global skills gap, and constructing inclusive agricultural value chains and food systems.
- Accelerating Achievement of SDGs
Reaffirmation of the commitment to achieving the goals outlined in the 2030 Agenda for Sustainable Development, with a focus on addressing the effects of the COVID-19 pandemic.
- Technological Transformation & Digital Public Infrastructure
Increased knowledge-sharing in areas such as digital public infrastructure, financial inclusion, and tech-enabled development in industries such as agriculture and education.
- International Organizations for the 21st Century
Efforts to reform multilateralism and establish a more accountable, inclusive, and representative international system capable of meeting the challenges of the twenty-first century.
- Women-led Development
Focus on inclusive growth and development, with a particular emphasis on women’s empowerment and representation, in order to advance socioeconomic development and the attainment of SDGs.
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