G20 Group of twenty relevance and it's significance
G20 Group of twenty relevance and it's significance WLo2a
The G20 or Group of Twenty is an intergovernmental forum comprising 19 countries and the European Union (EU). It works to address major issues related to the global economy, such as international financial stability, climate change mitigation, and sustainable development. At its 2009 summit, the G20 declared itself the primary venue for international economic and financial cooperation. [9] The group's stature has risen during the subsequent decade, and it is recognised by analysts as exercising considerable global influence; [10] it is also criticised for its limited membership, [11] lack of enforcement powers, [12] and for the alleged undermining of existing international institutions. [11] Summits are often met with protests, particularly by anti-globalisation groups.
The G20 or Group of Twenty is an intergovernmental forum comprising 19 countries and the European Union (EU). It works to address major issues related to the global economy, such as international financial stability, climate
change
mitigation, and sustainable development. At its 2009 summit, the G20 declared itself the primary venue for international economic and financial cooperation. [9] The group's stature has risen during the subsequent decade, and it is
recognised
by analysts as exercising considerable global influence; [10] it is
also
criticised
for its limited membership, [11] lack of enforcement powers, [12] and for the alleged undermining of existing international institutions. [11] Summits are
often
met with protests,
particularly
by
anti-globalisation
groups.
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