G20: Inclusive, Sustainable and Resilient Global Value Chains
India assumed the G20 presidency on 1 December 2022 and started its term with clearly formulated priorities. These included a focus on public digital goods and digital infrastructure, climate action, energy transition and achieving the Sustainable Development Goals (SDGs).
In the “G20 New Delhi Leaders’ Declaration”, international consensus on many of India's objectives for the summit was reached. These include the admission of the African Union (AU) as a new member to the G20, promoting inclusive, sustainable and resilient value chains, and supporting climate finance to assist developing countries.
Promoting green and digital development
The G20 decided to accelerate responses to environmental challenges, including climate change. In this context, circular economy and hydrogen are cited as crucial elements in achieving sustainable development. One example of G20’s work in this field is its support for the development of global markets for hydrogen.
This involves the joint development and voluntary agreement of harmonised standards as well as mutually recognised and interoperable certification schemes. In addition, the declaration emphasises the importance of an open, fair and secure digital economy for all countries. This requires a commitment to work towards responsible AI in the near future. Appropriate human oversight, ethics and data protection, among many, will be addressed in this context.
Scholz and Modi discuss strategic partnership
German Chancellor Olaf Scholz and Indian Prime Minister Narendra Modi had a meeting in New Delhi on 10 September 2023. They discussed important aspects of the strategic partnership between India and Germany, such as clean energy and innovation. The German Chancellor congratulated Prime Minister Modi on India’s successful G20 presidency. At the same time, the Indian Prime Minister thanked Germany for its support and high-level participation in various G20 meetings and events throughout the year.
Indo-German Working Group on Quality Infrastructure: Platform for developing joint solutions
Within the Indo-German Working Group on Quality Infrastructure, stakeholders from QI bodies and industry are already working on many important topics related to the G20 resolutions. In their current work plan for 2023, both sides have agreed to jointly work on circular economy, green hydrogen, AI and many other relevant topics related to all aspects of quality infrastructure. In this way, the Working Group contributes to reducing technical barriers to trade, improving product safety and strengthening consumer and environmental protection.
Please visit our website for more information and activities planned in the coming months.
You can find the final G20 New Delhi Leaders’ Declaration here.