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G20 Summit 2024: Know its Host Country, Theme, Presidency

PWOnlyIAS November 15, 2024 07:22 66 0

G20 Summit 2024 is set to be held in Rio de Janeiro, Brazil. Keep on reading to get inside scoops about the G20 Summit 2024 theme and much more.

G20 Summit 2024: Know its Host Country, Theme, Presidency

The 19th G20 Summit 2024, officially known as the Summit Rio 2024, is set to convene on November 18 and 19, 2024, in Rio de Janeiro, Brazil. Brazil took over the rotating presidency of the G20 on December 1, 2023. This pivotal gathering brings together leaders from the world’s major economies to address pressing global challenges and shape international economic policies.

G20 Summit 2024 Host Country

G20 Summit 2024

Brazil holds the G20 Summit 2024 presidency, marking its first time hosting the event. Under President Luiz Inácio Lula da Silva’s leadership, Brazil aims to steer discussions toward social inclusion, sustainable development, and the reform of global governance institutions.

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G20 Summit 2024 Overview
Category Details
Event Name G20 Summit 2024
Theme “Building a Just World and a Sustainable Planet”
Host Country Brazil
Location Museum of Modern Art (MAM), Rio de Janeiro
Dates November 18–19, 2024
Key Topics
  • Social Inclusion
  • Reform of International Institutions
  • Energy Transitions
Brazil’s G20 Sherpa Ambassador Mauricio Lyrio

G20 Presidency

The G20 Presidency sets the agenda for one year and hosts the Summit, with two parallel tracks: the Finance Track and the Sherpa Track. The Finance Track is led by Finance Ministers and Central Bank Governors, while Sherpas, personal emissaries of the Leaders, lead the Sherpa Track. Both tracks have thematic working groups involving representatives from member countries, invited nations, and international organizations. 

The Sherpas coordinate negotiations and oversee the G20’s substantive work. Engagement Groups connect civil societies, businesses, and other sectors. 

The G20 has no permanent secretariat, with the Presidency supported by the Troika—comprising the previous, current, and incoming Presidencies.

G20 Summit 2024

G20 2024 Presidency

Brazil held the Presidency of the G20 from 1 December 2023 to 30 November 2024. Under the leadership of President Luiz Inácio Lula da Silva, Brazil’s presidency focuses on fostering global,  and the reform of international governance systems. The presidency sets the agenda for the summit, ensuring discussions reflect Brazil’s commitment to building a more equitable and sustainable global future.

Before that, India held the G20 presidency from December 1, 2022, to November 30, 2023. 

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What is the G20?

The G20 (Group of Twenty) comprises 19 countries (Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, United Kingdom and United States) and two regional bodies: the European Union and the African Union (as of 2024). 

The G20 members represent around 85% of the global GDP, over 75% of the global trade, and about two-thirds of the world population. \

It was established in 1999, its primary objective is to promote international financial stability and sustainable development by facilitating dialogue among major economies

G20 Full Form and Headquarters

  • Full-Form: Group of Twenty
  • Headquarters: The G20 does not have a permanent secretariat or headquarters. Instead, the presidency rotates annually among member countries, which host the summit and set the agenda for the year.
  • Founding Members: The G20 founding members are Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, South Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom, the United States, European Union, and the African Union.

G20 Summit 2024 Theme

The theme for the G20 Summit 2024 is “Building a Just World and a Sustainable Planet.” This theme underscores Brazil’s commitment to addressing global inequalities, promoting environmental sustainability, and reforming international institutions to better reflect the current global landscape.

List of G20 Countries and Founding Members

The Group of Twenty (G20) is an international forum comprising 19 countries and two regional bodies: the European Union and the African Union. Here is the list of G20 countries

Sr. No. Country/Region Flag
1 Argentina G20 Summit 2024
2 Australia G20 Summit 2024
3 Brazil G20 Summit 2024
4 Canada G20 Summit 2024
5 China G20 Summit 2024
6 France G20 Summit 2024
7 Germany G20 Summit 2024
8 India G20 Summit 2024
9 Indonesia G20 Summit 2024
10 Italy G20 Summit 2024
11 Japan G20 Summit 2024
12 Mexico G20 Summit 2024
13 Republic of Korea G20 Summit 2024
14 Russia G20 Summit 2024
15 Saudi Arabia G20 Summit 2024
16 South Africa G20 Summit 2024
17 Türkiye G20 Summit 2024
18 United Kingdom G20 Summit 2024
19 United States of America G20 Summit 2024
20 European Union G20 Summit 2024
21 African Union G20 Summit 2024

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Key Agenda Priorities for G20 Summit 2024

Brazil has outlined three main priorities for its G20 presidency:

  1. Social Inclusion and the Fight Against Hunger: Addressing global hunger and poverty through inclusive policies and international cooperation.
  2. Energy Transition and Sustainable Development: Promoting sustainable energy solutions and environmental conservation to combat climate change.
  3. Reform of Global Governance Institutions: Advocating for reforms in international institutions to ensure they are more representative and effective in addressing contemporary global challenges.

Stay tuned for more updates.

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G20 Summit 2024 FAQs

The G20 Summit 2024 is scheduled for November 18 and 19, 2024, in Rio de Janeiro, Brazil.

The theme is "Building a Just World and a Sustainable Planet," focusing on social inclusion, sustainable development, and global governance reforms.

The G20 includes Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom, the United States, and the European Union.

No, the G20 does not have a permanent headquarters. The presidency rotates annually among member countries, which host the summit and set the agenda for the year.

Brazil's priorities include social inclusion and combating hunger, promoting energy transition and sustainable development, and reforming global governance institutions.

The 18th G20 Summit was held in New Delhi, India on September 9–10, 202, with the theme of "One Earth, One Family, One Future".
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