PRESS RELEASE
The G20 Turkish Presidency convenes high-level event on inclusive business at international development financing conference
Addis Ababa, Ethiopia, 14 July 2015 – On the margins of the Third International Conference on Financing for Development, Turkey, as holder of the G20 Presidency, convened business leaders, senior representatives of multilateral organizations and other high-level participants, to highlight the role of inclusive business in contributing to sustainable development. This event is in the lead-up to the upcoming United Nations Summit in September where world leaders will adopt the Sustainable Development Goals (SDGs). The event was organized in collaboration with the Coalition for Dialogue on Africa (CoDA), the World Bank Group, the United Nations Development Programme (UNDP), Business-20 and Think-20. Ambassador Ayşe Sinirlioğlu, Turkey’s G20 Sherpa, emphasized that the G20 Turkish Presidency attaches high priority to development. Part of this commitment includes the development of a G20 Framework on Inclusive Business, a tool for business leaders and policymakers to rally action around inclusive business that identifies bottlenecks and...
G20 Silver Economy Workshop Held in Rome
The “G20 Workshop Silver Economy and Active Ageing” was held in Rome on June 24, 2015. The workshop was organized jointly with the Turkish G20 Presidency and the Italian Government. Representatives of G20 members, social partners, international organizations and academia participated in the event. Participants of the workshop expressed their opinions and exchanged views on the issue of ageing, which has turned out to be one of the important and widespread global problems. G20, representing the two thirds of the global population, is seen as the most suitable platform to discuss this global issue. The objective of the workshop was to develop certain policy principles. It was widely agreed that silver economy not only increases welfare of senior citizens, but also it has the potential to create new jobs for young people in several sectors. Among the possible policy principles discussed are equal access to healthy and active life;...
G20 Sherpas and Finance Deputies met in Bodrum for Mid-Year Review
Finance Deputies and Sherpas of G20 members met at a joint session in Bodrum on June 16, 2015 to review the progress achieved in the 2015 G20 agenda and discuss the next steps for the remainder of the year. As the first half of Turkey’s G20 Presidency term was completed, the joint meeting, along with the G20 Finance Deputies and G20 Sherpas Meetings, provided members a timely opportunity to assess the progress and set out the work program for the second half of the year with a view to ensuring a coherent effort from Finance and Sherpa tracks. The meeting was chaired by Deputy Prime Minister Mr. Ali Babacan. Following Deputy Prime Minister’s opening remarks, G20 Finance Deputy of Turkey Mr. Cavit Dağdaş shared his assessments on the Finance Track issues and G20 Sherpa Ambassador Ayşe Sinirlioğlu touched upon the Sherpa Track issues. The joint meeting was concluded with...
Third G20 Sherpa Meeting Held in Bodrum
G20 Sherpas held their third meeting under the Turkish Presidency in Bodrum on 16-17 June 2015. The Turkish Presidency presented the expected outcomes for the Antalya Leaders’ Summit under each workstream to Sherpas and received their feedback. Sherpas also came together with G20 Finance Deputies in a Joint Session for a midterm review of the Turkish Presidency and to discuss the G20 inclusiveness agenda. At their third meeting, Sherpas had discussions on employment with an emphasis to address inequalities and tackle youth unemployment, on development with an emphasis on G20 Action Plan on Food Security and strengthening the link between the G20 and Low Income Developing Countries (LIDCs), on energy with a particular focus on the agenda of the upcoming G20 Energy Ministers Meeting and on trade with a particular focus on the upcoming G20 Trade Ministers Meeting. Sherpas also exchanged views on climate change finance, G20 anti-corruption agenda...
G20 Finance and Central Bank Deputies Met in Bodrum for Mid-Term Evaluation
G20 Finance and Central Bank Deputies held their fourth meeting under the Turkish Presidency on June 15-16, 2015 in Bodrum, Turkey. Halfway through the Turkish Presidency, Deputies have made a mid-term evaluation of the G20 agenda towards the Antalya Summit. As such, Deputies have elaborated on the progress until June and the potential outcomes to be delivered by the Antalya Summit. During the meeting, there have been stimulating discussions in the areas of global economy, framework for strong, sustainable and balanced growth, investment and infrastructure, financial regulation, international tax, IMF reform and climate change finance. Deputies welcomed the progress to date, further refined the deliverables and confirmed their determination to the success of the Antalya Summit, in line with the work plan endorsed by Ministers and Governors in February. Following their meeting, Finance Deputies also met with G20 Sherpas to review the progress and take stock of the works...
Third Meeting of the G20 Development Working Group held in Izmir
The third meeting of the G20 Development Working Group (DWG) under Turkey’s G20 Presidency was held in Izmir on 4-5 June 2015. The principal objective of the third DWG Meeting in Izmir was to register further progress on the outcomes that the DWG will deliver this year, and in particular to discuss how the ongoing work would translate into concrete results that would be submitted for the consideration of G20 Leaders at the Antalya Summit in November. In this regard, DWG members had productive discussions on the priority work areas, namely Domestic Resource Mobilisation, Financial Inclusion and Remittances, Food Security and Nutrition, Human Resource Development and Infrastructure. DWG members engaged constructively in the discussions on the expected deliverables in each work area. There was broad agreement that good progress is being made with regard to the implementation of the ongoing G20 development commitments. There was also broad recognition of...
G20, Global Forum on Migration and Development and the Global Migration Group Joint Meeting took place in Izmir
A joint event of the G20, Global Forum on Migration and Development (GFMD), and the Global Migration Group (GMG) took place in Izmir on 3 June 2015, at the margins of the third G20 Development Working Group meeting. The joint event was hosted by the Government of Turkey, concurrent Chair of the G20 and GFMD for 2015. During the meeting, participants from governments and international organizations explored options for possible synergies between G20 development work and the GFMD process. Particular focus was placed on reducing remittances transfer costs. Participants welcomed this initial meeting to discuss options for cooperation and dialogue between the G20 and the GFMD process. Broad support was expressed for continuing dialogue and cooperation between the G20, GFMD and the GMG to address issues of common interest beyond the Turkish Chairmanship of the G20 and the...
Third Meeting of Framework Working Group held in Rome
The Third Meeting of G20 Framework Working Group (FWG) took place on May 28-29, 2015 in Rome, Italy. Representatives of G20 members, invited countries and international organizations exchanged views on global economic outlook and challenges leading up to the Third Meeting of G20 Finance Ministers and Central Bank Governors in September. The Group assessed the first draft of members’ Adjusted Growth Strategies in line with the recent challenges and potential risks to the global economy. In addition, representatives evaluated the progress of implementation of the commitments in Growth Strategies, and discussed whether G20 is on track to achieve common objective of additional 2 percent global growth by 2018. During the meeting, members also touched upon internal and external imbalances, and the main impediments to balanced and inclusive growth, which is one of the top priorities of 2015 G20 agenda. Members will convene for the fourth meeting of the FWG...
Turkey’s G20 Sherpa Briefed the UN Member States in New York and in Bangkok
Turkey continues to carry out its outreach activities of its G20 Presidency in an effort to inform and interact with the countries and international organizations outside the G20. In this context, Turkey’s G20 Sherpa Ambassador Ayşe Sinirlioğlu was in New York from 20 to 24 April and in Bangkok from 26 to 28 May 2015 to address the UN General Assembly and UNESCAP (United Nations Economic and Social Commission for Asia and the Pacific) 71st Meeting respectively. In New York, G20 Sherpa Ambassador Sinirlioğlu, during her address to the UN General Assembly, presented the priorities of the Turkish G20 Presidency framed around three “Is”: Inclusiveness, Implementation and Investments as well as the progress achieved to date. She emphasized that Turkey has placed development at the centre of its G20 Presidency agenda in 2015, considering high-level conferences to take place throughout the year on financing for development in July in...
Second Investment and Infrastructure Working Group Meeting held in Singapore
The 2nd Investment and Infrastructure Working Group (IIWG) meeting under the Turkish G20 Presidency was held in Singapore on May 25-26, 2015. The IIWG members noted the progress on the G20 investment agenda of 2015 since the last IIWG meeting held on January 29-30, 2015 in Ankara. The IIWG discussed the ongoing works and draft deliverables under the following priority areas: supporting the improvements in investment ecosystem and country specific investment strategies, mobilizing the multinational development banks’ resources and their roles, facilitating financial intermediation and disseminating data gaps, enabling appropriate legal and institutional settings, improving PPP models, project planning and prioritization process, The engagement dinner together with the business community and G20 representatives was held on May 25. Also, G20/World Bank Group/Singapore Workshop on Project Prioritization and Preparation was organized on May 26. In addition, 10th G20/OECD Task Force on Institutional Investors and Long Term Financing was held on...
