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!

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

the European Sting Milestones

Featured Stings

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

Could play be a game-changer for the world’s forests?

Five years down the drain

European Youth Forum welcomes steps towards raising awareness of youth rights by EU ministers

How fixing broken food systems can help us meet all the SDGs

How can we build a workforce for our digital future?

The Collapse of the Brazilian Health Care System

Conflict, climate change among factors that increase ‘desperation that enables human trafficking to flourish’, says UN chief

EU/Africa, Caribbean and Pacific: towards which partnership?

Gender Science: A sneaky healthcare risk factor

Investment, not debt, can kick-start an entrepreneurial Europe

Memoirs from a unique trip to China: “my new old dragon” (Part II)

ECB doesn’t dare touch Eurozone’s big banks

From Shadows to Sunlight, Paraguay’s Road to Transparency

European tourism remains a strong growth factor

Britain heading to national schism on exit from EU

Medical research: between progress and speculation

To improve women’s access to finance, stop asking them for collateral

These are the next big products in consumer technology

Future EU farm policy: Agriculture MEPs urge fair funding, no renationalisation

FROM THE FIELD: Changing world, changing families

‘Terrorist Iranian regime’ must be checked; Saudi Foreign Minister urges financial pressure

The digital transformation is a skills and education opportunity for all. Companies must use it

Human rights breaches in Bangladesh, Cuba and Vietnam

Malaysia can show the way towards a holistic model for human rights

These rules could save humanity from the threat of rogue AI

Austerity lovers to put a break on Renzi’s growth vision for Europe? the Sting reports live from World Economic Forum 2015 in Davos

Parliament supports plans to improve quality of tap water and cut plastic litter

Why do humanitarian crises disproportionately affect women?

Pakistan: a long road ahead

GREXIT final wrap-up: nobody believed Aesop’s boy who cried wolf so many times

Another doomed EU attempt to interfere in Libya?

EU continues targeting on Chinese steel imports instead of the revival of its own economy

Superconductors: the miracle materials powering an energy revolution

Google’s bare truth: Europe’s Chief denies EU accusations but admits they “don’t always get it right”

GSMA Mobile 360 – Digital Societies in Kuala Lumpur, in association with The European Sting

Utmost hypocrisy emitted by EU’s energy regulation

GSMA Announces First Keynote Speakers for 2019 “MWC Los Angeles, in Partnership with CTIA”

Do academia and banks favour a new Middle Ages period?

Obama, Crimea and the TTIP pill

Central Africa: Security Council concerned by ‘grave security situation’, calls for better agency cooperation

Somalia’s population, international partners must be energized to sustain country’s ‘upward trajectory,’ says senior UN official

UN chief welcomes ‘positive steps’ towards peace between Eritrea and Ethiopia

4 climate tipping points the planet is facing

In Christchurch, UN chief calls for tolerance, solidarity to extinguish ‘wildfire’ of hate speech

Hopes for Palestinian State hit by ‘facts on the ground’ : senior UN official

Resettlement needs set to rise to 1.4 million people in 2019, UN refugee agency reports

Schaeuble wants IMF out and bailouts ‘a la carte’ with Germany only to gain

European Parliament speaks out against “killer robots”

The hidden cost of the electric car boom – child labour

Teamgum @ TheNextWeb 2014

Five things everybody needs to know about the future of Journalism

Rights defenders jailed in Bahrain and UAE should be released unconditionally, UN urges

Q&A on the 19th China-EU Summit to be held on 01-02 June 2017 in Brussels

MEPs want robust EU cyber defence and closer ties with NATO

Galileo funding: A ‘small’ difference of €700 million

How we can embrace the electrical vehicle transition by adopting smart charging

Europe must regain its place as world leader in digital technology

DR Congo Ebola outbreak now a Public Health Emergency, UN health agency declares

India-UN fund gets 22 development projects off the ground in first year

Mozambique’s Beira city ‘returning to life’, elsewhere UN teams assess damage, deliver assistance

More Stings?

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