Driven by the motto “Shaping an interconnected world”, Germany is all set to host the G20 leaders’ summit this year on 7–8 July in Hamburg. What’s Up, Germany? gives you a quick overview of the 2017 G20 summit’s priorities.
Germany assumed the G20 presidency for a year on 1st December 2016. Under its presidency, it is looking to intensify international cooperation to ensure that globalisation benefits everyone. Its focus is on inclusive and sustainable growth.
GERMANY’S G20 PRESIDENCY
Plenty of Potential
Considering the world economy has suffered major setbacks recently, there is an urgent need for a stable global economy to prevent sudden financial landslides. The German G20 presidency aims to achieve stability and resilience and promote dynamic economic growth through structural reforms in finance, employment, trade and investment.
IMPROVING VIABILITY FOR THE FUTURE
Good governance is essential to achieve sustainable development that will benefit all and ensure long-term preservation of the planet. During its presidency, Germany will work towards making the economy more fit for the future by addressing various issues: viable energy and climate strategies; digitalisation; better healthcare and management of health crises; and empowering women in the economy. One of its main priorities is to help ensure that the goals of the 2030 Agenda for Sustainable Development and the Paris Agreement on climate change are achieved.
Germany intends to further strengthen the G20’s role as a forum of collective responsibility. In this context, achieving sustainable economic progress in Africa takes centre stage. A separate conference entitled “Partnership with Africa” was held in Berlin in June 2017. Migration, terrorism, corruption and money laundering will also be addressed during Germany’s presidency.