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Brief of G20

The Group of Twenty (G20) is the premier forum for its members' international
economic cooperation and decision-making. It comprises 19 countries plus the European
Union. G20 leaders meet annually; additionally, during the year, Finance Ministers and
Central Bank Governors meet regularly to discuss ways to strengthen the global economy,
reform international financial institutions, improve financial regulation, and discuss the key
economic reforms that are needed in each of the member countries. Underpinning these
meetings is a year-long program of meetings between senior officials and of working groups
coordinating policy on specific issues.
The G20 started in 1999 as a meeting of Finance Ministers and Central Bank
Governors in the aftermath of the Asian financial crisis. In 2008, the first G20 Leaders'
Summit was held, and the group played a key role in responding to the global financial crisis.
Its decisive and coordinated actions boosted consumer and business confidence and
supported the first stages of economic recovery. G20 leaders have met eight times since 2008
The G20 Summit continues to focus on measures to support global economic growth,
with a strong emphasis on promoting job creation and open trade. Each G20 President invites
a number of guest countries each year.
The G20 works closely with international organizations including the Financial
Stability Board, the International Labour Organization, the International Monetary Fund, the
Organization for Economic Co- operation and Development, the United Nations, the World
Bank and the World Trade Organization. These and a number of other organizations are
invited to attend key G20 meetings. Engagement groups such as B20, L20, T20 and W20 also
convene to prepare policy recommendations for the G20 Summit during the year.
G20 Members
G20 was initiated in 1999 and consists of Argentina, Australia, Brazil, Canada, China,
France, Germany, India, Indonesia, Italy, Japan, Mexico, Republic of Korea, Russia, Saudi
Arabia, South Africa, Turkey, the United Kingdom, the United States and the European
Union (EU).
Before the outbreak of global financial crisis in 2008, G20 meetings of Finance
Ministers and Central Bank Governors were held to discuss international financial and
monetary policies, reform of international financial institutions and world economic
development. The first G20 Leaders' Summit was held in 2008. In September 2009, the
Pittsburgh Summit announced G20 as the premier forum for international economic

immediate past and future host countries. the Financial Stability Board. In 2016 the G20 Presidency is held by China. the International Monetary Fund. During China's host year.Australia 2015 . the Presidency is supported by a "troika" made up of the current. Source: G20 official website Management Arrangements The G20 Presidency rotates annually according to a system that ensures a regional balance over time. the G20 President is responsible for bringing together the G20 agenda in consultation with other members and in response to developments in the global economy. Instead.Turkey 2016 .Canada/ South Korea 2011 . The tenth Summit was held in Antalya . To ensure continuity.China G20 Past Summits 2008 Washington . Some guest countries and the United Nations. L20. the World Trade Organization. T20 also convene to prepare policy recommendations for the G20 Summit during the year.Mexico 2013 . G20 Past Presidencies and Countries 2008 .Turkey in November. the International Labour Organisation.cooperation. Reflecting its nature as an informal political forum.Russia 2014 . Engagement groups such as B20. Turkey and Germany. the G20 does not have a permanent secretariat. the members of the G20 troika are China. the Organisation for Economic Co-operation and Development(OECD) were also invited to attend G20 Summit. marking an important progress in global economic governance reform. the World Bank. 2015.France 2012 .USA 2009 .UK/ USA 2010 .

A Declaration was released at the conclusion of the summit. with agreement that advanced G20 deficit economies would at least halve fiscal deficits by 2013 and stabilise or reduce sovereign debt ratios by 2016. The summit focused on coordinated fiscal and monetary stimulus measures with the amount of 1. The summit focused primarily on strengthening financial regulation. with agreement on a 47-point action plan to improve financial regulation over the medium term. 2010 Toronto The G20 Leaders’ Summit was held from 26-27th June 2010 in Toronto. United States of America. and to reform global financial institutions. The summit focused on the need for fiscal consolidation. A Leaders’ Statement was released at the conclusion of the summit. Canada.C.. Leaders designated the G20 to be the premier forum for international economic cooperation. complemented by ongoing structural reform across all G20 members to rebalance and strengthen global growth. Sustainable and Balanced Growth with a Mutual Assessment Process.1 trillion US dollars to avert the threat of global depression. such as the International Monetary Fund and the World Bank.The first G20 Leaders’ Summit was held from 14-15 November 2008 in Washington D. 2010 Seoul The G20 Leaders’ Summit was held from 10-11 November 2010 in Seoul,Republic of Korea. A Leaders’ Statement was released at the conclusion of the summit. agreed on additional resources for the IMF and multilateral development banks to assist countries to weather the financial crisis and to establish the Financial Stability Board. United States of America. agreed to act together to support the global recovery through a Framework for Strong. 2009 Pittsburgh The G20 Leaders’ Summit was held from 24-25 September 2009 in Pittsburgh. United Kingdom. A Summit Declaration was released at the conclusion of the summit. Leaders also agreed to conclude work in the Basel Committee on Banking Supervision on a new global regime for bank capital and liquidity by the Seoul G20 Summit and reiterated support for a successful conclusion to the Doha Round welcomed the fulfillment of their commitment to provide a US$350 billion increase in capital to multilateral development banks and associated institutional reforms. 2009 London G20 leaders met on 2 April 2009 in London. G20 leaders agreed to develop guidelines for addressing large current account .

sustainable development and inclusive green growth A G20 Leaders’ Declaration was released at the conclusion of the summit. France. inclusiveness and strong global institutions. growth. Key outcomes of the summit are including the development of a country-specific Cannes Action Plan for Growth and Jobs. Key outcomes of the summit are including the establishment of country-specific measures each G20 member would take to strengthen demand. reaffirming their conviction that the foundation for sustainable growth and rising prosperity for all is an open world economy based on market principles. . financial inclusion. extending the G20’s and a reaffirmed commitment to implementation of agreed financial regulatory reforms and International Monetary Fund reform. A Final Declaration was released at the conclusion of the summit. A G20 Leaders’ Declaration was released at the conclusion of the summit. 2011 Cannes The G20 Leaders’ Summit was held from 3-4 November 2011 in Cannes. delivered on International Monetary Fund (IMF) quota and governance reform and initiated the G20 development agenda and launched the Seoul Development Consensus for Shared Growth. Key outcomes of the summit are including the St Petersburg Action Plan. 2012 Los Cabos The G20 Leaders’ Summit was held from 18-19 June 2012 in Los Cabos.imbalances under the Framework for Strong. Russia. A Leaders’ Declaration and a Seoul Summit Document were released at the conclusion of the summit. coupled with an Accountability Assessment describing progress made on past commitments. Mexico. G20 leaders also marked the 5th Anniversary of the G20. which sets out reforms for achieving strong. agreement to strengthen the World Trade Organization by considering additional and parallel international trade negotiations beyond the Doha Round mandate and the adoption of an action plan to support the development and deepening of local bond markets. based on effective policy coordination. underpinned by the closer partnership and collective action and shared responsibility of the G20. confidence and financial stability under the Los Cabos Growth and Jobs Action Plan. effective regulation. sustainable and balanced growth. 2013 St Petersburg The G20 Leaders’ Summit was held from 5-6 September 2013 in St Petersburg. particularly on food security. reaffirmation of G20 member pledges to increase International Monetary Fund (IMF) resources by US$456 billion and to implement the 2010 IMF quota and governance reforms and progress on the G20 development agenda. Sustainable and Balanced Growth.

while remaining alert to new risks. Leaders noted their deep concern about the humanitarian and economic impacts of Ebola and issued a standalone statement of the G20’s commitment to fight the current outbreak and support the international response. the world economy currently remains sluggish and growth lackluster;Major economies lack sufficient coordination in policies and develop on different tracks. inclusive and balanced growth of the world economy and that of the 2030 Agenda for Sustainable Development.2014 Brisbane The G20 Leaders’ Summit was held on 15-16 November 2014 in Brisbane. and Innovation: Role of Civil Society”. We share the view that. China on 5 and 6 July 2016 for candid and in-depth discussions on the theme of “Poverty Eradication. in some countries. A G20 Leaders’ Communique was released at the conclusion of the Brisbane Summit and China was announced as the host of 2016 Summit. We. Civil society organizations shall. We urge the G20 Summit and governments of all countries to take speedy and concrete actions in the abovementioned fields. A commitment to finalise and fully implement the agreed financial regulatory reforms. green development and innovation are essential to the achievement of a strong. both poverty eradication and green development need innovation as the driving force. including the formulation of national “action plans” to implement the 2030 Agenda for Sustainable Development. representatives from 54 countries and regions attending the Civil Society 20 (C20) China 2016. in this . Other outcomes from the Brisbane Leaders’ Summit include: Endorsement of landmark G20 Principles on Energy Collaboration. Australia. gathered in Qingdao. International cooperation shall be carried out in an active manner with the supportive role of multilateral financial institutions brought into fuller play in the implementation of the 2030 Agenda. Yet. G20 leaders set an goal to lift the G20's GDP by at least additional two percent by 2018. There is no guarantee for sustainability without green development. Leaders also agreed a G20 Energy Efficiency Action Plan to deepen their collaboration on energy efficiency. Source: G20 official website Communiqué of Civil Society 20 China 2016 Qingdao. 6 July 2016 1. inequality and imbalance in all their forms are increasingly prominent as unemployment rates remain high. Poverty eradication. China. There is no development to talk about without the eradication of poverty. The centerpiece was the delivery of country-specific growth strategies and a Brisbane Action Plan for growth. Green Development.

intensify international development cooperation and extend stronger support for developing countries in poverty eradication. 5. There is a need to establish fair tax systems and intensify international cooperation in cracking down illicit capital outflows and tax havens and regulating and stopping the spread of tax evasion and avoidance. We call upon all governments to approach poverty eradication from broader perspectives of safeguarding world peace and social stability and improving the well-being of each and every individual. To end poverty. The advocacy of equality and sharing shall be promoted through the creation of a generally enabling social and policy environment for poverty reduction. We set great store by the long-term trend of the Chinese economy. Criteria for poverty reduction shall be further refined and a multi-pronged assessment system shall be established. healthcare and housing. reinforce the developing countries’ efforts in seeking growth. To mobilize adequate resources. . make their contribution by offering advice and suggestions. in anticipation of its success development and its leading role in injecting new momentum and propelling a stable recovery and sustainable development of the world economy through the implementation of the “Belt and Road” Initiative. the impoverished population must be empowered to expand their knowledge. 2. We commend the positive contribution of the previous three C20 meetings in the abovementioned fields. the most basic security shall be provided in their education. Basic means of production and livelihood shall not be concentrated in the hands of a few. governments shall create a level playing field through taxation and investment. By focusing on green development and presenting a series of valuable insights on poverty alleviation and innovation. In addition to meeting the minimal needs of the low-income population for food and clothing. Developed countries shall. social indicators shall also be incorporated. We need to further eliminate gender discrimination and improve both the quantity and quality of jobs available to the whole society. 4. be informed of their rights and interests and be guaranteed of such rights and interests. share experiences of poverty reduction. Besides economic indicators. by means of Overseas Development Assistance (ODA). launch anticorruption campaign and narrow the income gap by expanding such public services as education and healthcare. the previous three C20 meetings thus serve as the basis for deliberations at C20 China 2016. build up physical strength.process. Poverty Eradication and Shared Development 3. learn new skills.

Urban poverty shall be brought into focus. Vocational education with more useful majors of distinctive features shall be set up to equip the impoverished. A development-oriented approach shall be advocated in poverty alleviation. 9. and encourage integrated development of agriculture and other industries. Efforts shall be made to put in place a multi-actor system built and shared across the entire society to encourage participatory poverty alleviation. smallholder farmers in particular. Special emphasis shall be laid on tackling the lack of capacity to shake off poverty on the side of the impoverished and make them more incentivized and capable. enhance rational and effective allocation of public service resources and help migrant workers integrate into their host society and enjoy equal social services as city residents. efforts shall be made to improve agricultural productivity and food security. improving public services and providing basic social security. The civil society shall strengthen cooperation and make joint efforts to eradicate poverty.6. Given that the impoverished population in developing and the least developed countries disproportionately concentrate in rural areas. Life-long learning education programmes shall be developed for the . loans and credits shall be expanded for smallholder farmers and women. promote investment accountability in agriculture. Stronger measures shall be taken to stabilize global food prices. Measures shall be taken to balance urban and rural development. Investment in rural infrastructure shall be scaled up. improve social services in the agricultural sector. 7. Efforts shall be made to provide equal access to education. 8. There shall be precision poverty alleviation initiatives for the implementation of programs tailored to the specific circumstances of underdeveloped localities including the development of specialty industries. support agricultural innovation. More education resources shall be allocated to less developed regions to eliminate illiteracy and enroll a greater proportion of students from low-income families in higher education. achieve inclusive and quality education for all and promote lifelong learning. Access to financial services. with professional skills. In this regard. Concrete steps shall be taken to develop a more inclusive approach to protect agricultural interests. persons with disabilities and other vulnerable groups. Various causes of poverty shall be addressed by stepping up supporting infrastructure construction. governments shall create favorable policy environment to support and encourage the private sector and the civil society to play a greater role in poverty alleviation. particularly women and girls. reforming tax systems. increasing input. promote a new-type of urbanization system. particularly refugees.

low-carbon. Unity of Knowing and Doing in Green Development 14. 13. labour and employment as well as education and training. specialized organizations and women’s grass-roots organizations shall be developed and more opportunities shall be made available for women to engage in government policy-making process and the supervision thereof. circular and sustainable development in which man coexists harmoniously and shares destiny with the nature. adapting to and protecting the nature” and taking into account both development and protection. diabetes and cancer. there is an increasingly serious conflict between the pace of development and constraints in population. The overall quality and accessibility of public healthcare shall be upgraded. resources and environment. 10. 11. Cooperation projects shall prioritize medical and health care. Following the principle of “respecting. The global system of development and pricing of medicine shall be improved to make appropriate and affordable drugs available to each and every individual. The philosophy of ecological civilization shall be fostered. conscientiously eliminate gender discrimination and ensure equal pay for equal work between men and women. High attention shall be placed on child development and rights. . Closer international communicable disease-response cooperation programs shall be developed for the prevention and treatment of communicable diseases. there shall come about an ecological pattern that calls for green. oppose child marriage and encourage children to participate in related public affairs and policy-making. We need to bring about changes in real terms. tuberculosis and HIV-AIDS infection and other common diseases like heart disease.elderly and so shall programmes relevant with the aging population and the “silver economy”. one another and the society. 12. such as malaria. Intergovernmental agreements on economic cooperation projects need to take into account the immediate interests of the local people with tangible improvement of their living standards in mind. Today. increase investment in early childhood development and primary education. protect each and every child from all forms of violence and abuse. Greater efforts shall be made to promote gender equality. both conceptually and practically. Insurance schemes against critical illnesses shall be instituted and improved to ensure that nobody falls into poverty because of illness. We call for all governments to reinforce assistance for families and children living in poverty. Medical security system shall be improved. facilitate employment and entrepreneurship for women. Women’s federations.

The efforts to address climate change shall follow a fair and reasonable path of win-win cooperation and common development and conform to the principle of “equity” “common but differentiated responsibilities”. Overall energy consumption shall be managed by gradually phasing out fossil fuel subsidies and increasing the share of the renewables in the energy mix and higher global energy efficiency. low-carbon. implement the strictest environmental protection system. green designs. green infrastructure. 16. The civil society shall be encouraged to take actions in . Green and low-carbon cities. green consumption. hasten their development in clusters.15. 17. Efforts shall be intensified to protect ecological environment with environment quality improvement at the core and tackling environmental threat to public health as the priority. Developed countries shall shoulder greater responsibility and make bigger contribution by providing the developing countries with strong support in finance. reliable and sustainable clean energy for all. Developed countries shall meet the commitment to mobilizing $100 billion per year by 2020 to support climate adaptation and mitigation in developing countries and providing additional sources for climate finance. of air.5 °C above pre-industrial levels. Energy conservation technologies and products shall be developed and popularized. ensuring that at least 50% of the Green Climate Fund is devoted to enhancing the adaptive capacity of the groups particularly vulnerable to the adverse impacts of climate change. technology and capacity building. 18. As is stipulated in the Paris Agreement. safe and efficient modern energy system shall take shape to ensure affordable. 19. green families and green traveling shall be promoted and green education shall be included in school curriculums. water and soil pollution. Measures highlighting prevention and drawing on comprehensive management shall be taken to strengthen the prevention and control . to take effective actions in response to climate change and strive for earliest possible ratification and entry into force of the Paris Agreement. and set up an environment management system to engage governments. and “respective capabilities”. each government shall formulate and communicate at the earliest possible date its national longterm low greenhouse gas emissions development strategies. and build a system of circular industries. as appropriate. A clean. We call on governments of countries across the world. in particular G20 members. green supply chain. regularly renew its ambition for nationally determined contribution (NDC) and strive for the goal of holding the increase in the global average temperature to well below 2 °C above pre-industrial level and pursue efforts to limit the temperature increase to 1. business enterprises and the civil society. Efforts shall be made to develop energy conservation and environment-protecting industries.

We support development of third-party verification and international standards for issuing green bonds. ethics and moral standards.long-term low-carbon. invigorating vitality for innovation across the society appears to be particularly crucial. information. education and research. 20. More input shall be directed to innovation while improving the efficiency and effectiveness of labor. Active efforts shall be made to deliver green financial products and services. Innovation in science and technology shall honor the scientific spirit. 23. Mobility of talents shall be encouraged. On the basis of fully understanding the features of scientific and technological . Innovation shall be conducive to sustainable development. A comprehensive approach shall be taken to integrate innovation in mindset. encourages innovation and allows failures and removing all timidity and institutional barriers that constrain innovation. knowledge. Championing the Future through Innovation 21. In carrying out domestic and international economic projects. financial institutions and enterprises in a joint effort to promote social change in this regard. technology. We support the G20 in its actions and initiatives for green finance and call for the upgrading of G20 Green Finance Study Group into a Working Group. 24. management and capital. environmental sustainability. helping to drive cost-effective solutions. New programs shall be developed to train innovative talents. channel public fund and social capital into green projects. Green taxation shall be taken into consideration and “green” bonds issued. Green finance shall be integrated into national development strategies. 22. Innovation has always been the driving force behind human progress. society and institutions. Vulnerable groups shall participate in and benefit from innovation. business. People with talents shall be regarded as the primary factor for innovation. An integrated approach shall be adopted with regard to the development of industry. technology. Under the current circumstances of sluggish recovery in the global economy. ideas. creating a cultural and social atmosphere which boosts exploration. impacts on the environmental and social dimensions shall be taken into account and be assessed. Inclusive innovation shall be advocated. so as to effectuate innovation by the people and for the people. promote green PPP projects and increase investment in nature. Laws and regulations shall be formulated to enforce financial institutions and enterprises to disclose information on environmental and social impacts and protect the public’s rights to know and supervise. climate-adaptive and sustainable social transformation and to engage further in exchanges and cooperation with governments. Intensified efforts shall be devoted to attracting and training and optimally utilizing talents. building up the carbon market and enhancing international cooperation in this regard.

26. In addressing poverty eradication. supervisor and facilitator. taxation and indirect investment. In this regard. global economic governance and garnering stronger popular support for international relations. We encourage the broader advocacy of “mass entrepreneurship and pool of wisdom” as well as the new business model of “maker”. favorable conditions and tolerant environment shall be created to facilitate research. green development and innovation. We hope that. as the current C20 concludes. through policy. fiscal input and institutional deliverables. individuals and other organizations in their efforts to create new Internet-based industries and business models. while the civil society has a role to play as forerunner. Support shall be directed towards enterprises. Financial innovation shall serve the real economy by expanding venture capital availability and capital market. We call on the G20 Summit. providing flexible and easily accessible credit. broadening indirect financing for technological innovation and directing investment into innovation projects. especially small. 30. 25. Meanwhile. governments bear important responsibilities. More emphasis shall be laid on enterprises as an important player in innovation and nongovernmental scientific and technological institutions and organizations as a player and intermediary in conducting and promoting scientific research. 27. New financial products shall be subject to approval in a mandatory procedure and risky financial products shall be strictly regulated and managed. 28. more civil society organizations are encouraged to focus their attention on major global development issues supposedly in the . more enterprises and individuals shall be encouraged to rationally use their patents and copyrights for widespread sharing of information and data. to place greater emphasis on and bring into fuller play the role of the civil society in promoting the development of world economy. extend support to enterprises. Governments shall. The SME innovation service system shall be improved by offering greater support for their cross-border economic activities.programmes. communicator. the two stakeholders shall make concerted efforts to forge ahead in tandem. We support the construction of the Internet infrastructure for the migration to the next generation Internet (IPv6) and the green and sustainable development of cyberspace. invention and technological breakthrough by scientists. Efforts shall be made to tackle the challenge by containing the rapid increase in potentially destabilizing financial products and speculative financial flows.and medium-sized ones (SMEs) in carrying out scientific research and development. Intellectual property rights shall be protected with improved legislation and strict law enforcement. by means of fiscal subsidy. Government and the Civil Society Joining Hands for Common Progress 29.

women's role in the digital economy.realm of government responsibilities and state agendas. China 26 May 2016 1. a comparatively well-linked network could be formed and a common action plan might take shape. risks and challenges continue to emerge. 3. gender equality. sustainable and balanced growth by improving global economic governance and making it accessible to women and more equitable and inclusive. Furthermore. nor is their representation and voice in global economic governance. with some still experiencing the negative effects of the global financial crisis. Source: G20 official website Women 20 Meeting Communiqué Date of publication: 2016-06-28 16:50:00 Xi'an. We are pleased that the G20 Leaders acknowledged the crucial role of women in achieving economic prosperity and reaffirmed their commitment to taking concrete actions for ensuring gender equality and women’s full participation in economic and social affairs and for their economic empowerment. and appreciate Turkey's hosting of the first W20 Meeting in October 2015. 2. entrepreneurship and social protection. the world economy has undergone profound and complicated changes and the road to recovery has been uneven across countries. In addition. new issues. To ensure continuity and implementation of our initiatives. women's employment. We reaffirm that gender inclusiveness. representatives of the 2016 Women 20 (W20) Meeting. We welcome the establishment of Women 20 as an outreach group of the G20. The potential for the participation in and contribution of women to the economy is not being fully realized. Therefore. met in Xi'an. Meanwhile. Since the global financial crisis in 2008. our relevance to the G20 needs to be further improved. 4. We expect equal and sufficient attention from each and every G20 Presidency in the years to come. and interconnected and innovative women's network. As an engagement group of the G20 Summit. when mutual understanding increases as a result of interactions. and women's rights are essential for strong. we intend to follow the G20 format of “troika” for closer communication and coordination among the host parties of the immediate past. We. sustainable and balanced growth. A Gender Equality Perspective in Global Economic Governance 5. It is critical that the G20 . China. from 24 to 26 May 2016 to discuss gender equality perspectives in global economic governance. present and future C20’s in pursuit of a stable functioning mechanism of cooperation. it is increasingly important to ensure strong.

acknowledge that gender-based inequalities are a systemic aspect of the current functioning of the world economy. markets and other productive resources in their entrepreneurship efforts. industries. often with low profitability.  Integrate gender mainstreaming into macroeconomic policies. loans. and gender perspectives into global economic governance. Among G20 members. access to social security. Women continue to concentrate in sectors. the average labor participation rate is 56% for women and 86% for men. and work to integrate gender perspectives into all activities of G20. and jobs with lower job security and wages. setting targets and reporting on progress. Compared with their male counterparts. promote women's economic empowerment and participation.  Take effective measures to increase opportunities for equal representation of women in decision-making and leadership positions in both public and private sectors and in the composition of G20 delegations. if any. Women are still lagging far behind men in terms of economic participation and are not fully reaping the benefits of economic growth. and implement and advocate for genderresponsive budgeting. therefore. and in the informal economy with limited. women still face more obstacles in accessing land.  Study the negative impacts and cost of violence against women on national economy. They are overrepresented in small businesses. Women’s Employment and Entrepreneurship and Social Protection 6. occupations. and receive inadequate recognition for their unpaid work. Women entrepreneurs find it difficult to gain necessary market and . funding. and adopt and ensure the implementation of laws and measures to prevent and eliminate all forms of violence against all women and girls and to ensure safety in public and private spaces to facilitate their economic participation.  Take special measures to encourage inclusive sourcing policies by governments and by corporations to include more women as suppliers in local and global value chains by establishing baseline data. We. encourage G20 members to take the following measures:  Eliminate all forms of discrimination against women.  Significantly increase financing for gender equality and women’s empowerment to reduce the gender gap in development policies as called for in the Addis Ababa Action Agenda.

financial information. . calling on companies to implement the United Nations Women’s Empowerment Principles and report on progress. including through trade. entrepreneurial. grow and sustain their businesses. operating skills and other services and support. Improve women's access to credit and other means of production. inter alia. food security and nutrition.  Strengthen the legal framework and its enforcement in order to eliminate the gender wage gap. quality infrastructure. and their access to water and energy. and mathematics (STEM). including lifelong learning in STEM jobs. technology. if necessary. green and creative industries. including. and the provision of relevant training. finance. information services and technical support. Encourage rural women’s role in the improvement of global food security by promoting investment in agriculture and food systems. therefore. working conditions and benefits. We. engineering. the elderly.  Enable women’s engagement in cross-border trade and participation in global economic development. encourage G20 members to take the following measures:  Request G20 Labour and Employment Ministers to work with the W20 on the implementation of the agreed target of reducing female labour force participation gap by 25% by 2025.  Make a commitment to systematically recognizing and measuring all forms of work and embark on national income accounting that includes unpaid care work. the technical support of international organisations.  Support entrepreneurship and launch specific programs to help women overcome business start-up barriers.  Continue to increase social infrastructure investments for care of children.  Encourage the B20 to foster gender equality and good governance in the private sector. and urge member states to publish their strategies towards the target and adopt a transparent and rigorous monitoring process with. promote reconciliation of work and family life and strengthen the social security systems in order to increase female labour force participation. recognise and regulate all forms of new and flexible work and ensure adequate social protection.  Encourage women and girls in the study of science. Take active measures to encourage equal sharing of family responsibilities between women and men. improve women's employment opportunities.  Ensure women’s equal access to and ownership of land and assets. the disabled and the sick.

However. Women’s Role in the Digital Economy 7. managed and controlled by one or more women. encourage G20 members to take the following measures:  Encourage and support women and girls in their efforts to seize the opportunity brought by the New Industrial Revolution and to actively participate in and benefit from the digital economy. and in particular to women investors. created new and tremendous opportunity for women's entrepreneurship and employment. women's organizations and professional associations cannot play their role effectively.  Conduct gender analysis of the impact of the digital economy on the labor market and on labour rights.  Invest in the digital empowerment of women and girls and encourage public and private investment in women-led digital ventures. Women still encounter many constraints in entrepreneurship and employment and face obstacles in full and equal participation in the digital economy. Women's networks play a crucial role in promoting gender equality and the development of women. social networks and finance. due to lack of human. therefore. material and financial resources. and implement policies favorable to women for their entrepreneurship and employment in the digital economy era. the digital gap has also widened gender disparity in the labor market participation and wealth creation. and restricted women's role in the digital economy. We. Interconnected and Innovative Women’s Network 8. regionally and internationally. and facilitated women's access to market information. In this connection. On the other hand.  Provide incentives to investors. and together with women entrepreneurs’ associations can create more employment opportunities and new sources of economic growth. we encourage G20 members to take the following measures:  Support and strengthen capacity building of women’s networks nationally. who support women-owned or led companies. . In addition. there is potential for greater cooperation among organisations. Provide economic and trade incentives for businesses that are at least 51% owned. The rapid development and widespread use of information and communication technology (ICT) has enabled women to enhance development capabilities and competitiveness in the labor market.

12. W20 will continue to work with intergovernmental organisations. Conclusion 9. We thank China for its leadership in 2016 and look forward to our next W20 Meeting. We will submit this W20 Meeting Communiqué to the 2016 G20 Summit. 11. 10. We reaffirm the importance of the monitoring framework included in the Istanbul W20 Communiqué to track G20 members’ progress in delivering on their gender equality commitments. Source: G20 official website . including UN Women and ILO. workers’ and employers’ organisations and relevant intergovernmental organisations. Strengthen trans-national and cross-regional exchanges between women’s organisations and women’s professional associations as well as their cooperation with governmental institutions.