G20 LIVE: Fact Sheet from the G20 Leaders Summit and key outcomes (G20 Antalya 2015 Summary)

G20 Leaders Summit_Antalya Turkey 2015_Logo

A. Finance Track Agenda

 

a. Framework for Strong, Sustainable and Balanced Growth

          Presidency Priorities

  1. Strengthening cooperation for global policies on strong, sustainable and balanced growth
  2. Monitoring the implementation of growth strategies through an effective accountability mechanism
  3. Adjusting the growth strategies in line with recent economic developments and improving their inclusiveness aspect

Summit Outcomes

  1. Antalya Action Plan including national and global steps for strong, sustainable and balanced growth
  2. Detailed Implementation Schedules and Accountability Report prepared for an effective accountability mechanism
  3. Adjusted Growth Strategies, including policies towards inclusiveness, in line with recent economic developments.

b. Investment and Infrastructu

Presidency Priorities

  • Improving investment environment, increasing the level and quality of investments
  • Unlocking private sector investments for infrastructure investment and SMEs.
  • Improving project preparation, prioritization and developing more effective PPP models
  • Increasing the awareness for Islamic Finance and support the integration of Islamic finance to global financial system

 

Summit Outcomes

  • G20 Investment Strategies and G20/OECD Report on G20 Investment Strategies
  • IMF Note on Public Investment Efficiency in the G20
  • IMF/WBG Note on Integrating Islamic Finance into Global Finance
  • Multilateral Development Banks Action Plan to Optimize Balance Sheets
  • PPP Guidelines: World Bank Group Infrastructure Deliverables, (Infrastructure Prioritization Toolkit; Report on Recommended PPP Contractual Provisions; Framework for Disclosure for PPP Projects; Partnering to Build a Better World: MDBs’ Common Approaches to Supporting Infrastructure Development), WBG
  • WBG/OECD Project Checklist for PPPs
  • G20/OECD High-Level Principles on SME Financing
  • Joint Action Plan on SME Financing

c. Financial Regulation

          Presidency Priorities

  • Finalizing the remaining crucial reforms in the core reform areas
  • Timely, full and consistent implementation
  • Analysing the role of corporate sector liability structure in the financial stability

    Summit Outcomes

  • The common international standard on total-loss-absorbing-capacity (TLAC) for global systemically important banks
  • The first version of higher loss absorbency requirements for global systemically important insurers
  • Report on the Implementation and Effects of Reforms

d. International Financial Architectur

Presidency Priorities

  • Ensuring full implementation of the IMF 2010 Quota and Governance Reform which will facilitate a more evenhanded realignment of the IMF quota shares and help the Fund to maintain its legitimacy and effectiveness.

Summit Outcomes

  • Strong emphasis on the importance of the full implementation of the 2010 IMF Quota and Governance Reform.
  • Reference to the IMF’s efforts on the review of the method of valuation of the SDR basket.
  • Emphasis on the importance of the use of the strengthened collective action pari passu clauses in international sovereign bond issuances and accelerating the implementation of these clauses.

e. International Tax

Presidency Priorities

  • Implementation and monitoring of Base Erosion and Profit Shifting (BEPS) Action Plan
  • Ensuring the tax transparency
  • Increasing the engagement of developing countries to the international tax agenda

Summit Outcomes

  • Summit Outcomes
  • Finalizing the BEPS Action Plan
  • The call for the framework regarding the implementation of regulations and recommendations of BEPS Action Plan
  • The call for ensuring the tax transparency

 

B. Sherpa Track Agenda

 

a. Employment

Presidency Priorities

  • Strengthening growth-employment relations
  • Analyzing the impact of labour income share and rising inequalities on growth
  • Improving skills and strengthening employment services to meet demands of labour market
  • Implementing the G20 commitments such as increasing the participation of women into the labor market, foster safer and healthier workplaces, reducing youth unemployment,

Summit Outcomes

  • G20 Skills Strategy
  • G20 Policy Priorities on Labor Income Share and Inequalities
  • G20 Policy Principles for Promoting Better Youth Employment Outcomes
  • Framework on Promoting Quality Jobs
  • Reducing the share of young people who are at most risk of being permanently left behind by %15 by 2025

b. Energy

Presidency Priorities

  • Enhancing Energy Access with a focus on Sub Saharan Africa
  • Promoting wider use of Renewable Energy
  • Increasing Energy Efficiency (Following up on the implementation of Energy Efficiency Action Plan 2014)
  • Strengthening Energy Market Transparency
  • Phase-out Insufficient Fossil Fuel Subsidies over the medium term

Summit Outcomes

  • G20 Energy Access Action Plan with a focus on Sub Saharan Africa
  • Report on the G20 Energy Efficiency Action Plan: Voluntary Cooperation on Energy Efficiency 2015 Outcomes of Work Streams
  • G20 Energy Efficiency Action Plan, Update on Recent Progress in Reform of Inefficient Fossil Fuel Subsidies that Encourage Wasteful Consumption
  • First Ever G20 Energy Ministers’ Communiqué

b. Energy

Presidency Priorities

  • Enhancing dialogue and cooperation between the G20 and Low Income Developing Countries
  • Ensuring Food Security and Including the global problem of Food Loss and Waste into the G20 agenda
  • Committing to implement the G20 goal of reducing the global average cost of remittances to %5
  • Support from G20 to implement Sustainable Development Goals

Summit Outcomes

  • Statement of a strong support for the implementation of Sustainable Development Goals in Leaders’ Communique
  • G20 and Low Income Developing Countries Framework
  • G20 Food Security Action Plan
  • G20 Leaders’ Call on Inclusive Business
  • G20 Remittances High Level Statement and Country Plans
  • Adoption of other documents on tax, infrastructure and human resources regarding G20 Development Agenda

d. Trade

        Presidency Priorities

  •  Analyzing the factors at play behind the slowdown in global trade
  • Continuing efforts to ensure that bilateral, regional and plurilateral trade agreementscomplement each other
  • Strengthening multilateral trading system
  • Supporting the participation of SMEs and low income developing countries to participate in Global Value Chains
  • Reaffirming the resistance against protectionist measures

Summit Outcomes

  • Statement of a strong support for a successful WTO Nairobi Ministers Conference with balanced outcomes on Doha Development agenda issues and guidance for post-Nairobi
  • Reiterating the G20 Commitment on resisting against protectionist measures
  • Report on the factors at play behind the global trade slow down
  • Report on Advancing the Multilateral Trading system
  • Report on the Impact of Regional Trade Agreements on Multilateral Trade
  • Report on better integration of Small and Medium Enterprises and Low-Income

e. Anti-Corruption

       Presidency Priorities

  • Following up on G20 Anti-Corruption Action Plan

  • Promoting anti-corruption in private sector

Summit Outcomes

  • G20 High-Level Principles on Integrity and Transparency in the Private Sector
  • G20 Principles for Promoting Integrity in Public Procurement
  • G20 Anti-Corruption Open Data Principles
  • SMEs Anti-Corruption Education Tool Kit

f. Terrorism

  • Adoption of G20 Leaders’ Statement on the Fight Against Terrorism g. Refugees Crisis

g. Refugee Crisis

  • Taking up refugees crisis as a global challenge requires an urgent response in G20 Leaders Communique and Leaders’ support on that issue particularly on burden sharing and supporting international organizations

The European Sting came all the way from Brussels to Antalya to report LIVE for its prominent readers top class coverage of the G20 Leaders’ Summit. Do you crave for cutting-edge high quality journalism by Europe’s rising star independent media over this hot long weekend of 15-16 November 2015?

Stay now tuned at www.europeansting.com for 24 hour LIVE Coverage and LIVE Video Streaming from the International Media Center in Belek, Antalya, Turkey. Not your style? You can also keep track of our dozens of social media that are on fire!

the sting Milestone

Featured Stings

Can we feed everyone without unleashing disaster? Read on

These campaigners want to give a quarter of the UK back to nature

How to build a more resilient and inclusive global system

Stopping antimicrobial resistance would cost just USD 2 per person a year

Burning Amazon rainforests: Darting towards the doom of Human Race

How unity and common purpose can help us defeat this virus

Brands can be a force for good and for growth. Here’s how

European Investment Advisory Hub sends projects worth €34 billion to European Investment Bank pipeline

6 things to know about coronavirus today, 1 April

Coronavirus has ‘pandemic potential’ – but what is a pandemic?

Energy Union: deals on efficiency targets and governance

This is how rice is hurting the planet

Security Union: political agreement on strengthened Schengen Information System

Digital education is both a necessity and an advantage for the Global South. Here’s why

This is what the UK’s major supermarkets say about plastic packaging and the environment

Rule of Law: European Commission refers Poland to the Court of Justice to protect judges from political control

Confidence in the COVID-19 vaccine grows in UK and US, but global concerns about side effects are on the rise

Global Goals offer ‘special opportunity’ to change course of development, Bosnian leader tells General Assembly

COP21 Breaking News_05 December: Ban Ki-Moon Closing Address at COP21 Action Day Innovation, Imagination, Faster Climate Action

Can cybersecurity offer value for money?

Mergers: Commission clears Alstom’s acquisition of Bombardier, subject to conditions

The next EU President will first have to drink his tea at Downing Street

Regional competitiveness and growth: a Gordian knot for Europe

Resilience in times of pandemic

The space internet race is dawning. Here’s what to expect

How nudge theory can help empty our plastic-filled ‘drawers of shame’

EU and international donors pledge €1.15 billion for reconstruction after the earthquake in Albania

G20 World Exclusive Interview: “The world, especially emerging economies and developing countries, require a more sustainable and quality development”, the Spokesperson of Japan underscores live from Antalya Turkey

Public consultation: Commission seeks citizens’ views in preparation of new European Democracy Action Plan

How digital is your country? Europe needs Digital Single Market to boost its digital performance

Greece and Ukraine main items on EU28 menu; the course is set

Look no hands: self-driving vehicles’ public trust problem

Three UN workers killed following Benghazi car bomb attack, as Security Council meets in emergency session, honours their ‘ultimate sacrifice’

Ursula von der Leyen: ‘We must not hold onto yesterday’s economy as we rebuild’

This is where teachers are most (and least) respected

‘World’s deadliest sea crossing’ claimed six lives a day in 2018: UN refugee agency

A Europe that Protects: Commission calls for decisive action on security priorities

Why Nordic nations are the best places to have children

In wake of ‘collapsed’ agreement, new wave of violence threatens millions in Syria’s Idlib

European Court rules that ECB’s OMT program of 2012 is OK; not a word from Germany about returning the Greek 2010 courtesy

OECD presents analysis showing significant impact of proposed international tax reforms

Iran: BBC and other broadcast journalists harassed; families threatened – UN experts

Developed and developing financial markets are more similar than you think. Here’s why

Deadlock broken, South Sudan on road to ‘sustainable peace’, but international support still key

Changing balances: leaders of medical research worldwide

Human Rights breaches in Iran, Kazakhstan and Guatemala

Guinea-Bissau needs ‘genuinely free and fair elections’ to break cycle of instability

Illegal fishing plagues the Pacific Ocean. Here’s how to end it

State aid: Commission approves support for six offshore wind farms in France

EU announces record €550 million contribution to save 16 million lives from AIDS, tuberculosis and malaria

Ukraine turns again to the EU for more money

There is a way for Eurozone to reach a sustainable growth path

Germany openly seeks more advantages for its banks

Commission imposes a fine of €561 million on Microsoft

Art, mental health and suicide: different strategies for increasing access to health services

‘Negative forces’ at work in DR Congo threaten ‘largely peaceful’ relations across Great Lakes region, says outgoing UN envoy

Hatred ‘a threat to everyone’, urges Guterres calling for global effort to end xenophobia and ‘loathsome rhetoric’

How a bionic arm is helping one little girl enjoy the things most take for granted

EU and China in search of a win-win agreement through strategic cooperation ahead of the EU-China summit

Guterres condemns killing of Bangladeshi peacekeeper in South Sudan, during armed attack on UN convoy

How to build a better world for heart health after COVID-19

Knowledge management and entrepreneurship: short term vs. long term perspective

European Semester Autumn Package: Bolstering inclusive and sustainable growth

Climate change update: will the UN member states regain momentum despite the little progress at COP23?

More Stings?

Advertising

Speak your Mind Here

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s