NITI Aayog Unveils G20 Report on Sustainable Growth: 10 FAQs Answered

In a groundbreaking event, Shri Bhupender Yadav, Minister for the Ministry of Environment, Forest & Climate Change, and the Ministry of Labour & Employment, launched the G20 report titled ‘A Green and Sustainable Growth Agenda for the Global Economy’ in New Delhi. This explainer blog addresses 10 frequently asked questions (FAQs) to provide insights into the significance and key takeaways from this international collaboration.

FAQs:

1. What is the focus of the G20 report unveiled by Minister Bhupender Yadav? The G20 report focuses on 'A Green and Sustainable Growth Agenda for the Global Economy,' emphasizing key insights and recommendations from an international conference on green growth.

2. Who were the distinguished figures in attendance at the report launch? Key figures present included Shri Amitabh Kant, Sherpa, G20 India, Shri Suman Bery, Vice Chairman, NITI Aayog, Shri B.V.R. Subrahmanyam, CEO, NITI Aayog, Shri Ajay Seth, Secretary, Department of Economic Affairs, and Shri Kapil Kapoor, Regional Director for Asia, International Development Research Centre.

3. Which organizations collaborated on the G20 report, and how was it produced? NITI Aayog partnered with the International Development Research Centre (IDRC) and the Global Development Network (GDN) to produce the report. It is based on discussions from a G20 international conference held in July 2023, involving 40 experts from 14 countries.

4. What topics were covered in the G20 international conference? The conference covered a wide range of topics, including energy, climate, technology, policy, jobs, trade, global finance, and multilateralism, shaping a new growth model for sustainable development.

5. How does the G20 report contribute to global development challenges? The report realistically addresses global development challenges and provides benchmarks for researchers and stakeholders. It emphasizes critical recommendations for shaping dialogue and consensus among G20 member states.

6. What is Minister Yadav’s vision for climate action? Minister Bhupender Yadav highlighted India’s commitment to collaborative climate action and stressed the importance of a swift, just, and equitable transition to renewable energy. He emphasized the crucial role of climate finance and technology for achieving sustainable and green growth.

7. What were Amitabh Kant’s insights on global growth and free trade? Amitabh Kant, India’s G20 Sherpa, commended NITI Aayog for organizing the international G20 conference. He emphasized the urgency of accelerating global growth and highlighted the critical role of free trade in poverty alleviation, calling for the revitalization of the World Trade Organisation.

8. How did Vice Chairman Suman Bery characterize the report launch? Suman Bery characterized the event as both a closure and a fresh start for NITI Aayog and India. He highlighted that the report's release aims to transfer knowledge from the G20 international conference to Brazil, the incoming G20 presidency.

9. What followed the G20 report launch in New Delhi? The report launch was followed by a video message from the Global Development Network, an introduction to the report, and an interactive panel discussion moderated by Suman Bery, discussing the importance of a just transition to mitigate climate change.

10. What is the report’s significance for India and NITI Aayog? The report launch marks a significant moment for India and NITI Aayog, aiming to transfer knowledge to Brazil, the incoming G20 presidency. The interactive panel discussion and a video message from the Global Development Network underscore the report's global significance.