Representatives of G20 members, invited countries and international organizations attended the meeting. Participants discussed matters related to progressing the G20 development agenda under the five priority areas, namely (i) Infrastructure, (ii) Domestic Resource Mobilization, (iii) Human Resource Development, (iv) Financial Inclusion and Remittances, and (v) Food Security and Nutrition. In addition, the DWG members exchanged views on enhancing policy coherence with G20 Investment and Infrastructure Working Group and Employment Working Group on related agenda items.

Investment and Infrastructure Working Group

Representatives of G20 Finance Ministries and Central Banks as well as experts from international organizations attended. G20 introduced a new narrative that addresses the investment strategies by building on the existing works of the IIWG and utilizing capabilities of international organizations, multinational development banks, and the Global Infrastructure Hub (GIH). This narrative compliments reaching the 2% growth goal through concrete and ambitious country specific investment strategies in line with the Brisbane Action Plan. The ongoing IIWG work streams are the main building blocks in which case the facilitators are the main policies that help members achieve their investment targets. Safeguards, on the other hand, are the critical policies for the efficiency and success of the investment strategies. The Working Group discussed the progress in the following priority areas constituting the facilitators and safeguards of the G20 investment and infrastructure agenda for 2015:

  • Supporting improvements in investment climate
  • Mobilizing MDB (Multilateral Development Banks) resources and roles
  • Facilitating financial intermediation for infrastructure and SMEs
  • Infrastructure and SME data gap dissemination
  • Appropriate legal and institutional settings
  • Improving project planning and prioritization process

The next meeting of the IIWG will be held in May in Singapore.

G20 Framework Working Group

G20 Leaders at the Pittsburgh Summit held in September 2009 had committed to work together to ensure that global growth is strong, sustainable and balanced. To that end, the Framework for Strong. Sustainable and Balanced Growth was launched. In the framework, the G20 members (i) agree on shared policy objectives, (ii) assess the implications of national policy frameworks for global growth and (iii) agree on policy actions to meet the common objectives.

The G20 Framework Working Group is co-chaired by Canada and India. Since 2009, decisive actions have been undertaken by G20 to restore and strengthen global growth and to put it on the sustainable path. Nevertheless, global economic recovery is still fragile and large downside risks to the outlook remain, thus spurring the need for in-depth analysis of economic policies and well-coordinated actions of the G20's member economies.

During the Australian Presidency in 2014, Framework Working Group met 4 times. Based on the deliberations and discussions, assessment of progress in respect of each G20 member has been made and an updated report on Accountability Assessment has been prepared and presented. Agreed documents of the Brisbane G20 Summit also include the 2015 G20 Accountability Assessment Process.

G20 Agricultural Deputies met in Ankara on 23rd March to begin preparation of the meeting of G20 Agriculture Ministers on 8th May. The main focus was on developing the draft of the communiqué the ministers will release. May’s meeting will be only the second meeting of G20 Agriculture Ministers – the first was in 2011 under the French Presidency. It will be a major political event in the G20 calendar and an integral part of the Turkish Presidency. It is expected to play an important role in achieving policy coherence and driving progress on major global issues in agriculture and food security.

The second G20 Sherpas Meeting under the Turkish Presidency was held in İzmir on 26-27 March 2015. Sherpas exchanged views on energy, employment, anti-corruption, development and trade. The Turkish Presidency briefed Sherpas on the outcomes of the first working group meetings and on progress to date regarding the expected deliverables.

Sherpas also discussed global economy, financial regulation, tax, growth strategies, infrastructure investment and international financial architecture. Turkish Central Bank and Treasury presented the state of progress in finance track issues

In the second Sherpa meeting, Turkey’s proposal to establish Women-20 as a full-fledged G20 engagement group was also discussed.

Turkey, as the Presidency of the G20 for 2015, hosted representatives from government, business and academia from G20 countries for a one day workshop on “Inclusive Business” (IB) in Ankara on Wednesday, the 8th of April.

IB is a private sector approach to providing goods, services, and livelihoods on a commercially viable basis to people at the base of the pyramid by making them part of the value chain of companies’ core business as suppliers, distributors, retailers, or customers.

The workshop has built upon the G20’s previous IB–related work and the knowledge generated within the IB field to–date in order to address how the policy environment can advance opportunities for private sector companies to reach the poor.

Keynote speakers included Mr. Ivar Blanken, Unilever VP of Finance, Professor Ted London of University of Michigan and Professor Zeynep Gürhan-Canlı of Koç University. In the session on the “Role of Governments in Supporting Inclusive Business”, Germany, Brazil and Mexico presented how their countries have contributed to IB.

Specific business cases that are taking place in Kenya, India, Mexico, Brazil, the Philippines and also Turkey have been highlighted during the workshop.

IB has continued to gain momentum across sectors and geographies. Large and smaller companies, both local and multinational corporations, are now explicitly integrating poor consumers, producers and entrepreneurs into their core business models. These businesses aim to generate social change while being profitable at the same time.

On the margins of the IMF-WB Spring Meetings, G20 Ministers and Governors gathered in Washington DC for their second meeting under Turkish G20 Presidency.

The meeting commenced in the evening of April 16th with the first session on “Global Economy and Framework for Strong, Sustainable and Balanced Growth”. This session allowed Ministers and Governors to review recent global economic developments since their last gathering in February in Istanbul and to explore the progress in monitoring the implementation of the commitments made in national growth strategies. Following this session, a joint G20 – Low Income Developing Countries Ministerial Working Dinner was held to facilitate a frank discussion among the participating countries. Simultaneously, G20 Governors at their working dinner focused on the “uncertainty and volatility”.

In the morning of the April 17th, a joint G20/IMFC meeting was held on the IMF 2010 Quota and Governance Reform. After the conclusion of this meeting, G20 Ministers and Governors continued their discussion with investment and infrastructure, where they examined the scope for boosting investment in G20 countries via concrete and ambitious investment strategies. The meeting was concluded with concise working sessions on financial regulation and international tax agenda that allowed Ministers and Governors to review the progress in the respective commitments and provide momentum towards G20 objectives.

Upon the conclusion of the meeting, the agreed Communique of the meeting was released.

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Second G20 Sherpa meeting was held on 7-8 April, 2016 in Guangzhou, China

Second Development Working Group (DWG) meeting was held on 6-8 April, 2016 in Nanjing, China

G20 Strong, Sustainable and Balanced Growth Framework Working Group (FWG) held its second meeting on 21-22 March in Paris

The Global Partnership for Financial Inclusion(GPFI) Workshop and Meeting was held on 1-2 March, 2016 in Shanghai, China

The First Finance Ministers and Central Bank Governors Meeting was held on 26-27 February, 2016 at Shanghai, China

The Second G20 IFA Working Group Meeting was held on 24th February, 2016 in Shanghai, China

The First Employment Working Group Meeting was held on 2-4 February, 2016 at Guangzhou, China

The First G20 Energy Sustainability Working Group Meeting for 2016 was held on 28th January in Xiamen, China

G20 Strong, Sustainable and Balanced Growth Framework Working Group (FWG) held its first meeting on 27-28 January in 2016 in Beijing, China

The First G20 Development Working Group (DWG) Meeting was held on 25-26th January, 2016 in Beijing, China

The first meeting of the newly launched G20 Green Finance Study Group (GFSG) was held on 25-26 January in Beijing, China

The First G20 Sherpa Meeting was held on 14-15th January, 2016 in Beijing, China

G20 Investment and Infrastructure Working Group Meeting was held in Sanya, China, December 16

First G20 IFA Working Group Meeting was held in Sanya, Hainan Province on December 15, 2015.

The First Finance and Central Bank Deputies meeting under the Chinese Presidency was held on 14-15 December 2015.

G20 Leaders' Summit held in Antalya Summit on 15-16th November