A new planetary boundary, concerning freshwater change, has been crossed in 2022.
Is that ‘acting in good conscience? What are the values, vision and mission of the G20?
The Indian roadmap is clear, growth must be inclusive, equitable and sustainable.
What is G20’s legitimacy based on ?
How can the fact that 80% of the world’s wealth, 75% of international trade and 60% of the world’s population (in the sense of a consumer market) are concentrated in twenty countries still be used to legitimise the exercise of influence?
It is a bit short-sighted at a time when a new planetary boundary, concerning freshwater change, has 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.
Is that ‘acting in good conscience? What are the values, the vision and the mission of the G20? Where are the references to the SDGs? Why shouldn’t the same universal rules apply to companies and states?
Prospects for a new priorities order, pushed by emerging countries
As of 1 December 2022, for the first time, the troika presiding over this economic cooperation body will be made up of three developing countries (Indonesia, outgoing chair, India, which will assume the chair in 2023, and Brazil, which will take over). Is this an opportunity to give new visibility to 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?
The Indian roadmap is clear. Growth must be inclusive, equitable and sustainable. 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, may find a new itinerary to the negotiating table in 2023.
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