The Group of Twenty (G20) was established in 1999 as a forum for governments and central banks from the 19 largest national economies and the European Union to discuss policy relating to the promotion of international financial stability and coordination of economic policy.
Since 2008, the G20 has expanded to include heads of government or heads of state, finance ministers and foreign ministers, and its agenda has broadened to cover international issues that go beyond the responsibilities of any one organisation.
Infrastructure has been a priority for several G20 Presidencies and in 2014 the Global Infrastructure Hub (GI Hub) was established by the G20.
Below are the documents, initiatives and outcomes relating to infrastructure that have been endorsed by the G20 under various Presidencies since 2014.
Italy’s G20 Presidency year commenced on 1 December 2020 and will conclude on 30 November 2021. Launched in a video message from Italy’s President Giuseppe Conte, the 2021 G20 Presidency has three thematic pillars:
The major infrastructure objective of the Presidency year is to promote an international environment conducive to investment and growth: infrastructure to absorb shocks, ensure access to services and environmental sustainability. Within this objective, the Presidency seeks to strengthen:
Major infrastructure outcomes and related documents will be provided here as they become available through Italy’s G20 Presidency.
Saudi Arabia’s G20 Presidency year commenced on 1 December 2019 and concludes on 30 November 2020. The virtual Leaders’ Summit was held on November 21-22 2020.
The theme of the Presidency is ‘Realizing Opportunities of the 21st Century for All’, supported by a focus on sub-themes of:
The major infrastructure outcome from the Presidency year is the endorsement of the G20 Riyadh InfraTech Agenda. This was supported by:
2020 and the impact of COVID-19 has resulted in changes to the priorities and activities of the G20, to allow it to respond collectively to the health and economic crisis caused by the pandemic. The G20’s collective response is captured in the G20 Action Plan in Response to COVID-19, endorsed by Finance Ministers and Central Bank Governors in April 2020, and updated on an ongoing basis.
Downloadable documents can be accessed from the below links
Japan’s G20 Presidency year commenced on 1 December 2018 and concludes on 30 November 2019. The Leaders’ Summit was held on 28-29 June 2019 in Osaka, Japan.
The themes of the Presidency were global economy, trade and investment, innovation, environment and energy, employment, women’s empowerment, development and health.
More detailed topics discussed under the themes included promoting free trade, infrastructure for development, global health, climate change, ageing populations, promoting the United Nation’s Sustainable Development Goals and international development and science and technology innovation to solve social problems and foster a human-centred society.
The major infrastructure outcomes from the Presidency year is the endorsement of the G20 Principles for Quality Infrastructure Investment. These were supported by:
Downloadable document can be accessed from below link.
The Argentinian G20 Presidency year commenced on 30 November 2017 and concluded on 1 December 2018. The G20 Leaders’ Summit was held on 30 November and 1 December 2018 in Buenos Aires, Argentina.
The themes of the Presidency were: the future of work, infrastructure for development and a sustainable food future.
Infrastructure outcomes from the Presidency year included the Roadmap to Infrastructure as an Asset Class and the G20 Principles for the Infrastructure Project Preparation Phase. These were supported by the Introductory Guide to Infrastructure Guarantee Products from Multilateral Development Banks (jointly prepared by the MDBs), the G20/OECD/World Bank Stocktake of Tools and Instruments Related to Infrastructure as an Asset Class and the establishment of the MDB Infrastructure Cooperation Platform.
The G20 Finance Ministers and Central Bank Governors extended the mandate of the Global Infrastructure Hub to 2022 at their July meeting.
Downloadable documents can be accessed from below links.
The German G20 Presidency year commenced on 1 December 2016 and concluded on 30 November 2017. The G20 Leaders’ Summit was held on 7 and 8 July 2017 in the city of Hamburg, Germany.
The G20 Presidency had three major themes: building resilience, improving sustainability and assuming responsibility.
In addition to the broad topics of global economic growth, international trade, and financial market regulation, the topics addressed under those themes included migration and refugee flows, digitisation, health – particularly regarding combating dangerous pathogens and antimicrobial resistance, women’s economic empowerment and development aid.
Infrastructure outcomes from the Presidency year included endorsing the MDB’s Joint Principles and Ambitions on Crowding-In Private Finance (the ‘Hamburg Principles and Ambitions’) and the establishment of the G20 Africa Partnership and Investment Compacts, which included a pillar of cooperation on the development of quality infrastructure.
Downloadable documents can be accessed from below links.
The Chinese G20 Presidency year commenced on 30 November 2015 and concluded on 1 December 2016. The G20 Leaders’ Summit was held on 4 and 5 September 2016 in the city of Hangzhou, China.
The theme of the Presidency year was ‘Towards an Inclusive, Invigorated, Interconnected and Inclusive World Economy’, with an emphasis on vision, integration, openness and inclusiveness.
Infrastructure outcomes from the Presidency year included the launch and endorsement of the Global Infrastructure Connectivity Alliance to enhance synergy and cooperation among various infrastructure connectivity programs and endorsement of the G20/OECD Guidance Note on Diversification of Financial Instruments for Infrastructure and SMEs. In addition, the G20 welcomed the MDB Response to the G20 MDB Balance Sheet Optimization Action Plan and the GI Hub’s Annotated Public-Private Partnership (PPP) Risk Allocation Matrices.
Downloadable documents can be accessed from below links.
The Turkish G20 Presidency year commenced on 1 December 2014 and concluded on 30 November 2015. The G20 Leaders’ Summit was held on 15 and 16 November 2015 in the city of Belek, in the Antalya Province of Turkey.
The themes of the Presidency were strengthening the global recovery and lifting potential, enhancing resilience and buttressing sustainability.
Infrastructure outcomes from the Presidency year included an endorsement of the G20 Toolkit of Voluntary Options for Renewable Energy Deployment as well as agreeing that attention should be given to global health risks, such as antimicrobial resistance, infectious disease threats and weak health systems in the wake of the Ebola virus crisis.
Downloadable documents can be accessed from below links.
The Australian G20 Presidency year commenced on 1 December 2013 and concluded on 30 November 2014. The G20 Leaders’ Summit was held on 15 and 16 November 2014 in Brisbane, Australia.
The themes of the Presidency were acting together to lift growth and create jobs, building a stronger, more resilient global economy and strengthening global institutions.
Infrastructure outcomes from the Presidency year included the establishment of the Global Infrastructure Hub (GI Hub) to help increase infrastructure investment by linking governments, the private sector, development banks and international organisations.
Downloadable documents can be accessed from below links.