The pressure to exceed planetary limits presents the G20 with concrete challenges.
A new planetary boundary, concerning freshwater change, had been crossed in 2022, adding to the previous exceedances and thus creating serious uncertainty about the mere existence of our societies and the concepts of growth and prosperity.
Credit: Azote for Stockholm Resilience Centre, based on analysis in Wang-Erlandsson et al 2022.
In 2022, we wondered how the G20, the forum of choice for the leaders of the 20 largest nations and the EU, approached its role in finding solutions to the global challenges of the next 30 or 40 years. We also wondered what changes in governance could be expected from the presidency held for the first time by three developing countries in succession (Indonesia, India and Brazil).
As we predicted, priorities have shifted, driven by new perspectives, introduced by emerging economies.
Since 1 December 2022, for the first time, the troika presiding over this economic cooperation body is made up of three developing countries (Indonesia, in 2022, India, which assumes the chair until December, and Brazil, which will then take over). It is an opportunity to give new visibility to the work on issues that have remained in the shadows or a new order of priorities for societal issues, which are more prevalent in emerging economies.
Driven by the work of the ‘sherpas’, issues such as women’s empowerment, digital public infrastructure, and tech-enabled development in areas ranging from health, agriculture and education to trade, skills mapping, culture and tourism, climate finance, circular economy, global food security, energy security, green hydrogen, disaster risk reduction and resilience, developmental cooperation, fight against economic crime, and multilateral reforms, were key points in the 2023 negotiations.