Please note that the German G20 Presidency ended on 30 November 2017. This website is no longer being updated. Information current as at December 2017.
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Priority topics and results of Germany's G20 Presidency in 2017
The Group of Twenty (G20) comprises 19 major industrialised and emerging economies and the European Union. Traditionally, the annual meetings of G20 heads of state and government have focused on issues relating to world economic growth, international trade and the regulation of financial markets. Initially, the G20 had been formed in response to the global economic and financial crisis. It has now started to increasingly address the development of answers to other global challenges as well.
Despite difficult conditions, important development policy matters were agreed at the G20 summit in Hamburg. The G20 underlined that it regarded sustainable development and the implementation of the 2030 Agenda as guiding principles. For the first time in its history, the G20 placed a regional focus on Africa, entering into a new political partnership with Africa. At the Hamburg summit, the Group also launched an ambitious initiative for youth employment in rural areas, as an important contribution towards its partnership with Africa. Even though the USA withdrew from the Paris Climate Agreement, the G20 adopted a Climate and Energy Action Plan. Thus, the development initiatives adopted by the Group reflected the slogan of Germany's G20 Presidency: "Shaping an interconnected world".