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G-20 Nation

at IIT Ropar to promote innovation, a multimedia
exhibition showcased India's global opportunities for
innovation and research. India hopes that increased
collaboration among universities will result in the
development of practical solutions. Each country
represented at the discussion forum is excited to use
technology and a novel approach to acquiring basic
education and numerical knowledge. Delegates also
visited the Golden Temple.

Second meeting of the Sustainable Finance
Working Group

The Sustainable Finance Working Group
members agreed to take significant and transition pathways, in collaboration with
steps forward. the UAE, with the goal of developing a collective
From March 21-23, the Sustainable Finance Working understanding of the challenges posed by climate
Group held its second meeting in Rajasthan. The change. The UAE will preside over COP28.
meeting discussed the work plan and priority issues
for 2023. Following the meeting, it was announced Second meeting of the Environment and
that half of the tasks outlined in the action plan
had been completed. Members agreed to take Climate Working Group
significant steps this year, including mobilising Discussion on environmental and
financial resources for climate-related actions climate change best practices
and implementing the G20 Sustainable Financial The second meeting of the Environment and
Technical Assistance Action Plan. The group's first Climate Stability Working Group (ECWG) was
meeting was held on February 2-3 in Guwahati, held between March 27 and 29 in Gandhi Nagar,
Assam. This is the first time the group has agreed Gujarat. The meeting was attended by more than
to go beyond climate issues and enable greater 130 representatives from 11 invited countries and
funding for specific Sustainable Development Goals 14 international organizations and member states.
through data and reporting primarily on nature and The focus of discussion was on preventing land
social impact investments. degradation, accelerating ecosystem restoration
and biodiversity enrichment, encouraging resource
efficiency and a circular economy, and promoting a
G-20 Framework Working Group's second
sustainable and climate-friendly blue economy. The
meeting held in Chennai
delegates were also given presentations on Namami
On March 24-25, the G20 Framework Working Ganga, climate-resilient infrastructure, participatory
Group held its second meeting in Chennai, India. groundwater management, the Jal Jeevan Mission,
The meeting was attended by 87 representatives and the Swachh Bharat Mission.
from G-20 member countries, invited member
countries, and invited international organisations.
The agenda for the meeting included a discussion of First meeting of the Trade and Investment
the global economic outlook and inflationary risks, Working Group
food and energy insecurity, climate change, and the G-20 on track to boost global trade and
macroeconomic impact of policy changes. Following investment
discussions about how to proceed on these issues, The Trade and Investment Working Group held its
the issues decided this year were reached while first meeting in Mumbai from March 28 to 30. The
keeping the overall economic outcome in mind. emphasis was on accelerating global trade and
The meeting also included a panel discussion on investment, making trade work for growth and
the macroeconomic impact of climate change prosperity, and moving towards resilient global

New India Samachar April 16-30, 2023 39