Indonesia is hosting the 17th G20 presidency
G20 is an international cooperation forum consisting of 20 of the world’s largest economies. Its members represent 80% of the world’s GDP: 75% of global exports and 60% of the global population. The Indonesian presidency, set to run for one year, began on 1st December 2021 and will end on 30th November 2022.
By bringing the world’s major economies together, aside from enhancing collective action in securing shared prosperity amongst nations, the G20 also aims to alleviate the impacts that the covid-19 pandemic has had on all dimensions of society. To achieve a strong and sustainable recovery, Indonesia is focusing on three main pillars for its G20 Presidency: Global Health Architecture, Digital Transformation, and Sustainable Energy Transition. Through these, Indonesia will take the lead in mobilizing access to COVID-19 vaccines, promoting sustainable and inclusive economic development and digital economy.
Focus pillars in line with the 2030 agenda
1. Global Health Architecture (SDG 1, 3, and 5)
The impact of the global pandemic made it clear that the global community should strengthen collaborative efforts in health architecture. The path to recovery requires stronger cooperation that ensures equality and resiliency towards future pandemics. To achieve a sustainable recovery, the Indonesian presidency has chosen to focus on current global health architecture issues while advocating the importance of an inclusive and equitable global health system by addressing future pandemic preparedness and advancing infrastructure post-COVID-19.
2. Digital Transformation (SDG 8, 9, and 17)
In order to realize the true potential of the digital economy and to restore the post-pandemic economic order, leveraging digitalization in today’s modern landscape is imperative. In addition to ensuring cooperation among nations and stakeholders, digital transformation could create a stronger, more inclusive, and collaborative landscape.
With the aim of achieving a global digital transformation, the G20 covers cross-issues in the digital and economic fields such as acceleration of micro, small, and medium enterprises (MSME)s into the digital ecosystem, digital entrepreneurship, and enhancing the role of women in the digital economy. These priority agendas will show the world how significant the G20 forum is to achieving sustainable economic growth.
3. Sustainable Energy Transition (SDG 7, 9, 12, and 13)
The impacts of climate change on our planet are everywhere, affecting local and global development. Therefore, the world needs to transition towards cleaner energy sources to ensure a cleaner and brighter future for the global community. However, energy transition requires large amounts of funding. The G20 members share a major responsibility in sustainable energy transitions and providing a platform for clean energy investments. The main priority points during the G20 presidency to effectively transition towards a greener future include discussions on energy and the environment; this takes the form of securing energy accessibility, increasing smart and clean energy technology, and promoting energy financing.
The Bali Summit
The upcoming seventeenth summit of the G20 presidency is scheduled to take place in Bali, Indonesia on 15-16 November 2022. The summit will culminate the G20 intensive ministerial meetings, working groups, and engagement groups throughout the year. It aims to promote Indonesia’s efforts so far to achieve reformation, democracy, and economic resilience post-COVID-19 as well as to showcase future commitments towards tackling issues within the three focus pillars.
Recover Together, Recover Stronger
“Let’s make the G20 theme ‘Recover Together, Recover Stronger’ a real and meaningful action,'' the Minister of Education and Technology announced during his closing remarks at the G20 inauguration. In addition to its recovery mandate, the Indonesian presidency has put emphasis on enabling sustainable development in line with the three focus pillars not just for G20 members but the entire world.
As the silhouette backgrounds of the two mountains on the G20 logo represent “hope” and “new days full of positive changes”, the Indonesian G20 presidency carries an optimistic spirit hoping that its leadership will show the nation’s determination to help the world achieve a resilient and sustainable future.
Writer: Callista Daniella
Editor: Stevenson Ramsey, Howen Jayawi
References:
G20 Action Plan on the 2030 Agenda for Sustainable Development. (n.d.). B20germany.org. Retrieved July 9, 2022, from https://www.b20germany.org/fileadmin/user_upload/G20_Action_Plan_on_the_2030_Agenda_for_Sustainable_Development.pdf
G20 presidency of Indonesia – G20 presidency of Indonesia. (n.d.). G20.org. Retrieved July 9, 2022, from https://g20.org/g20-presidency-of-indonesia/
(N.d.). Kemlu.Go.Id. Retrieved July 10, 2022, from https://kemlu.go.id/portal/en/read/3288/berita/indonesia-promotes-spirit-to-recover-together-in-the-2022-g20-presidency