The success of the G20 is achieved with support from international organisations, which provide advice on G20 priorities and help G20 members and guests identify policy gaps where actions will have the most impact. Representatives of international organisations are invited to relevant G20 meetings, including meetings of Sherpas, Finance Deputies and working groups.
These organisations include:
- the Financial Stability Board (FSB). The FSB, which was established by G20 leaders following the onset of the global financial crisis, coordinates the work of national financial authorities and international standard-setting bodies to develop and promote effective regulatory, supervisory and other financial sector policies.
- the International Labour Organization (ILO). The ILO promotes rights at the workplace, encourages decent employment opportunities, enhances social protection and strengthens dialogue on work-related issues.
- the International Monetary Fund (IMF). The IMF works to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.
- the Organisation for Economic Co-operation and Development (OECD). The OECD promotes policies that improve the economic and social well-being of people around the world. It works with governments to understand what drives economic, social and environmental change, with a focus on analysing and comparing data to predict future trends.
- the United Nations (UN). The UN is committed to maintaining international peace and security, developing friendly relations among nations and promoting social progress, better living standards and human rights.
- the World Bank. The World Bank is a vital source of financial and technical assistance to developing countries around the world. It is not a bank in the ordinary sense but a unique partnership to reduce poverty and support development.
- the World Trade Organization (WTO). The WTO provides a forum for negotiating, implementing and monitoring agreements aimed at reducing obstacles to international trade and ensuring a level playing field, contributing to economic growth and development.