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Delegates' Area
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G20 SOCIAL
G20 Social on the Finance Track
In line with the objective of the G20 Social, which is to expand the participation of non-governmental actors in G20 activities, the Ministry of Finance (MoF), responsible for coordinating the G20 Finance Track, together with the Central Bank, proposes to bring together groups of engagement of the G20 and other global civil society organizations to hold meetings linked to the Finance Track priorities.
Mobilizations in this regard revolve around 5 priority themes: global economy and inequalities, international taxation, just transition, debt and global governance reform. Below are the main results already achieved by G20 Social in the Finance Track.
Unprecedented G20 session promotes civil society meeting with G20 Deputy Ministers of Finance and Central Bank
In an unprecedented session, held on July 22nd in Rio de Janeiro, representatives of 13 engagement groups (GEs) presented to the vice-ministers of Finance and the vice-presidents of the G20 Central Bank their demands and recommendations on the main ones of the Track of Finance, such as inequalities and the global economy, climate crisis and international taxation. The recommendations were aligned with the priorities of the Brazilian presidency, providing the world's largest economies with the opportunity to receive and discuss the agendas of organized global civil society. The recommendations were well received by all member countries. Furthermore, the G20 Social session and the initiative of the Brazilian presidency of the G20 were praised by representatives of the African Union, Australia, Egypt, Turkey, the United States and Germany.
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Just Transition
“Finance for just transition” was the current theme in the cycle of meetings between the Finance Track and the G20 Social. The event took place on July 26, 2024 virtually, with the participation of international civil society. The focus of the debates revolved around actions to promote a just transition and the importance of environmental and climate funds in this process. The event was coordinated with the Sustainable Finance Working Group with the participation of international civil society.
Sessions
Global environmental and climate funds and civil society
Just transition and civil society perspectives
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International Taxation
Cooperation in international taxation is one of the priorities of the Finance Track. The Brazilian presidency of the G20 created a workstream in the TF dedicated specifically to the topic. In this sense, the G20 Social on the Finance Track mobilized civil society organizations and G20 engagement groups interested in debating the topic of international taxation. The in-person meeting was held on May 22nd and 23rd, 2024, in the auditorium of the Memorial Darcy Ribeiro, at the University of Brasília (UnB). At the end, the organizations that participated in the event delivered to Minister Fernando Haddad a statement entitled "Civil Society Recommendations on International Taxation for G20 Finance Ministers”.
Sessions
International Taxation Policy and G20
A wealth taxation agenda as a crosscutting issue of tax and economic justice
The civil society key demands on international taxation
The Brazilian G20 presidency and the on-going international tax agenda
Achieved Results
Global Economy and Inequalities
On March 7, 2024, the G20 Social Finance Track team held the first meeting with global civil society. The meeting entitled “Global Economy and Inequalities” took place virtually and was attended by 26 representatives of global civil society organizations, from different countries.
Sessions
Civil Society and the G20 under the Brazilian Presidency
Global Economy and Inequalities
G20 and the Fight Against Hunger, Poverty and Inequalities