8-11 July 2021 Venice - Italy
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3RD G20 FINANCE MINISTERS AND CENTRAL BANK GOVERNORS MEETING AND SIDE EVENTS 8-11 July 2021 Venice - Italy 1 CONTENTS 1 ABOUT THE G20 Pag. 3 2 ITALIAN G20 PRESIDENCY Pag. 4 3 2021 G20 FINANCE MINISTERS AND CENTRAL BANK GOVERNORS MEETINGS Pag. 4 4 3RD G20 FINANCE MINISTERS AND CENTRAL BANK GOVERNORS MEETING Pag. 6 Agenda Participants 5 MEDIA Pag. 13 Accreditation Media opportunities Media centre - Map - Operating hours - Facilities and services - Media liaison officers - Information technology - Interview rooms - Host broadcaster and photographer - Venue access Host city: Venice Reach and move in Venice - Airport - Trains - Public transports - Taxi Accomodation Climate & time zone Accessibility, special requirements and emergency phone numbers 6 COVID-19 PROCEDURE Pag. 26 7 CONTACTS Pag. 26 2 1 ABOUT THE G20 Population Economy Trade 60% of the world population 80 of global GDP 75% of global exports The G20 is the international forum How the G20 works that brings together the world’s major The G20 does not have a permanent economies. Its members account for more secretariat: its agenda and activities are than 80% of world GDP, 75% of global trade established by the rotating Presidencies, in and 60% of the population of the planet. cooperation with the membership. The forum has met every year since 1999 A “Troika”, represented by the country that and includes, since 2008, a yearly Summit, holds the Presidency, its predecessor and with the participation of the respective its successor, works to ensure continuity Heads of State and Government. within the G20. The Troika countries are currently Saudi Arabia, Italy and Indonesia. In addition to the Summit, ministerial and finance track deputies meetings, working Origins of the G20 groups and special events are organized In 1999, in the wake of the 1997 economic throughout the year. crisis, the “Group of 20” was established, aimed at including other countries in their Participants discussions related to global economics The G20 members are: Argentina, Australia, and finance. The first official meeting of the Brazil, Canada, China, France, Germany, G20 was held in Berlin in December that Japan, India, Indonesia, Italy, Mexico, same year. Republic of Korea, Russia, South Africa, Following the 2008 financial crisis, the level Saudi Arabia, Turkey, the United Kingdom, of participation of the G20 was elevated to the United States, and the European Union. Heads of State and Government. Spain is also invited as a permanent guest. At the 2009 Pittsburgh Summit, the Each year, the Presidency invites guest Heads of State and Government decided countries, which take full part in the G20 to institutionalize the G20 as the main exercise. Several international and regional forum for global economic and financial organizations also participate, granting the cooperation. The G20 Leaders have met forum an even broader representation. every year since 2010. 3 2 ITALIAN G20 PRESIDENCY PEOPLE PLANET PROSPERITY The world is facing many difficult This is why in 2021 the G20, under the challenges today, which he G20 is intensely Italian Presidency, will focus on three broad, working to address, by identifying – and interconnected pillars of action: People, implementing – shared, coordinated and Planet, Prosperity. equitable responses. This requires vision, dialogue, mutual understanding, and a Within these pillars, we are taking the profound awareness of our common global lead in ensuring a swift international responsibilities. response to the pandemic - able to provide equitable, worldwide access to diagnostics, The pandemic has had profound impacts therapeutics and vaccines - while building on the health of humans worldwide. up resilience to future health-related shocks. It has affected peoples’ livelihoods, our economies, international trade. It has added We are also looking beyond the crisis, its burden onto other systemic problems, towards ensuring a rapid recovery that from climate change to inequality, which addresses people’s needs. This implies a are hampering our ability to fully prosper focus on reducing inequalities, on women’s and express our potential. It has also made empowerment, on the younger generations one thing clear: we live in an era in which and on protecting the most vulnerable. It local problems swiftly become global means promoting the creation of new jobs, challenges. social protection and food security. This, however, also means that we can work The G20 is also intent on paving the way to together to recover from this crisis and rebuilding differently in the aftermath of seize the opportunity to shape the future, the crisis. More efficiently, through a better learning from our shared experience and use of renewable energies and with a firm ensuring that efficient, innovative tools and commitment to protecting our climate and technologies become the basis for a more our common environment. resilient, sustainable and greener growth. This is a prerequisite for our sustained prosperity. A prosperous future, however, In an increasingly interconnected world, also requires that we properly harness the multilateralism is far more than an abstract main drivers of growth and innovation. We concept. It is the key to responding to these are working to bridge the digital divide challenges, and the G20, bringing together and make digitalization an opportunity for much of the world’s population and of the all, improve productivity and – in short – to global economy, must live up to its role. leave no one behind. 4 2021 G20 FINANCE MINISTERS AND 3 CENTRAL BANK GOVERNORS MEETINGS The decisions to establish the G20 (1999) investigating the various aspects related and raise the level of participation at Heads to economic, financial, monetary and tax of State and Government (2009) were taken issues. following two major crises that affected the global economy. This framework is structured into six separate working groups, dedicated to macroeconomic Although the topics addressed by the G20 issues, international financial architecture, have significantly expanded over the years, infrastructure, sustainable finance, financial the economic themes have maintained a inclusion and Africa. The Finance Track also particular importance in the process. covers issues such as on financial regulation and taxation. The term “Finance Track” refers to the meetings coordinated by the Ministry of The dates and format of the events may be Finance and the Central Bank, aimed at subject to change. 26 Feb 1st G20 Finance Ministers and Central VTC Bank Governors Meeting - More info 7 Apr 2nd G20 Finance Ministers and VTC Central Bank Governors Meeting - Communiqué 9 – 10 July 3rd G20 Finance Ministers and Central Venice Bank Governors Meeting 15 – 16 October 4th G20 Finance Ministers and Central Washington DC Bank Governors Meeting 29-30 October (TBC) Joint Finance and Health Ministers’ Rome Meeting 30th - 31st October G20 Leaders’ Summit Rome 5 3RD G20 FINANCE MINISTERS AND 4 CENTRAL BANK GOVERNORS MEETING CONTEXT / INTRODUCTION G20 Finance Ministers and Central Bank In this third meeting, the first in-person Governors (FMCBG) have already met twice under the Italian G20 Presidency, G20 under the Italian G20 Presidency. members will progress their discussions on issues related to international economy The first official meeting was held on and global health and on the efforts to 26 February 2021, in which, Ministers and push forward the economic recovery and Governors acknowledged that health promoting a more sustainable growth. and economic conditions remained difficult despite the launch of vaccination Ministers and Governors will also touch campaigns and signs of strengthening upon the digital revolution-productivity economic activity. nexus, the support to the most vulnerable countries, international taxation matters, In February, they also expressed a strong financial sector related issues and how to committed to scale up international finance the green transition. coordination to tackle global challenges by adopting a stronger multilateral approach From Thursday 8 to Sunday 11 July, a number and focusing on a set of core priorities. More of side events will be held within the on the 1st G20 FMCBG meeting here. context of the G20 FMCBG Venice meeting. These include the Annual Conference of G20 FMCBGs met again on 7 April. the Global Forum on Productivity, the G20 In their second meeting, G20 Ministers High-Level Tax Symposium and the Venice and Governors recognised that after the International Conference on Climate. contraction registered in 2020, the global outlook has improved, mainly due to the roll out of vaccination campaigns and continued policy support. Nonetheless, the recovery appeared clouded by uncertainty and uneven across and within countries. G20 Members agreed on a series of commitments, detailed in the official Communiqué, issued at the end of the meeting. More on the 2nd G20 FMCBG meeting here. 6 AGENDA 8-11 JULY 2021 Thursday 8 July 2021 Annual Conference of the Global Forum on Productivity co- organised by the Italian G20 Presidency Event open to accredited journalists only. 11.15am – 4pm Accredited journalists can follow the event remotely. Credentials to access the event virtually will be sent one hour before the event starts to the same email address used for accreditation. Please be aware that the media centre at the Arsenal will be closed on Thursday 8 July. Friday 9 July 2021 G20 High-Level Tax Symposium Event open to accredited journalists only. Accredited journalists can follow the