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Nation G-20 G-20 Nation
STARTUP20 GURUGRAM URBAN20 COMMUNIQUÉ
SUMMIT CONCLUDES, PRESENTED TO G20
LEADERS
TORCH PASSED TO BRAZIL. Climate change, technology, governance,
culture, and the economy will all pose
India is the world's third-largest startup significant challenges in the future. In
ecosystem. Four startups are registered such a situation, preparing cities for future
every hour. There are now 1 lakh startups challenges and action by advancing with
and 108 unicorns, up from 442 in 2016. global support on issues and raising
Start-Up20 was launched by India under awareness of national interventions is a
the chairmanship of the G-20, whose It is the collective responsibility global need. On this, six priorities have
summit concluded in Gurugram on July of all nations to support been decided collectively in Urban20 under
4th, to bolster the strength of start-ups. the innovation and startup India's G20 Presidency, the communiqué
Startup-20 Policy with far-reaching goals ecosystem. There should be an of which was handed over to G20 leaders
has been released. India has handed over international effort to promote before the end of the Urban20 Mayors
the presidency to Brazil, which will take inclusive cooperation and Summit in Ahmedabad on July 10 to garner
over in 2024, and has pledged to continue sustainable ecosystems in all global support.
the Startup-20 initiative. parts of the world to tackle the The 6 Priorities of Urban20
global challenge. he �rban20 Mayors Summit was held in
TAhmedabad from �uly � to �. �rban20 ��20�
or the first time, India launched the Startup-20 Mayors finalised a communi�u� at the summit Encouraging environmentally
responsible behaviour.
Finitiative during the �-20 meetings, during which Piyush Goyal and handed it over to the �20 leaders. �his
the future roadmap, including the importance of Union Minister of Commerce communi�u� contains as an action agenda the
start-ups at the global level and the need for financial and Industry priority recommendations set collectively by the �20, Accelerating climate finance
support to nurture them, was openly discussed by enabling cities to take further action to address the
member countries. �uring this time, five taskforces critical challenges facing the world. �he communi�u�
were formed to finalise the global level Startup-20 will be presented at the �-20 �eaders' Summit to see� Promoting local culture and economy
suggestions. The Startup-20 communi�u� was for a transformative and prosperous future global support and national intervention.
released, which included their recommendations. for our citi�ens. �he �rban20 recommendations have received
Among the major accomplishments of this �hairman of Startup-20, �r. �hintan the o�cial approval of the largest number of �0� Ensuring water security.
initiative launched during India's �20 Presidency �aishnav, o�cially handed over the torch cities. �he communi�u� was handed over to �nion
are the announcement of the continuation of the to �ra�il and said, The continuation of Housing and �rban Affairs Minister Hardeep
Startup-20 initiative during the 2024 Presidency and Startup-20 with �ra�il as the �hair is a true Singh Puri and India's Sherpa Amitabh Kant by the Promoting a digital urban future
Saudi Arabia's support for the achievement of �� success for the group. Mayor of Ahmedabad.
trillion in global startup funding. The announcement �r �hintan informed that the Startup-20 policy �lic� on https���www.g20.org�content�dam� Redesigning the framework for
was made at the summit by Prince �ahd bin communi�ue also includes several other issues, gtwenty�gtwenty�new�document��rban�20� urban planning and governance
Mansour. This demonstrates Saudi Arabia's including creating and adopting a definition Communique.pdf to read it in full.
dedication to fostering an affordable and At the Mayors Summit, around 20 mayors from
resilient innovation ecosystem while also framework for startups, building a network more than �0 cities around the world presented their priorities that have been set will be the focal point
accelerating economic growth. institution to support startups and ecosystem cities' good initiatives. for our collective survival in the future.
The Startup-20 Summit served as a platform stakeholders across the �-20, simplifying market Cities are going to be the focal point for achieving Stressing the role of cities for a sustainable
to foster innovation, collaboration, knowledge regulations for startups, prioritising inclusion of various global goals related to sustainability, and prosperous future, �-20 Sherpa Amitabh Kant
sharing, and strategic alliances within the under-represented communities within the startup inclusivity, and climate change. Housing and said one-third of the world is currently facing the
global startup ecosystem. Amitabh Kant, ecosystem, and promoting startups with global �rban Affairs Minister Hardeep Singh Puri made effects of recession and the climate change crisis,
India's Sherpa said that the untiring efforts of interests. A link to read https���www.g20.org� it clear at the event that the challenges of global besides geopolitical issues. This calls for adequate
the Startup-20 group have resulted in the final content�dam�gtwenty�gtwenty�new�document� development have to be tackled through cities as infrastructure finance for the cities of the future and
policy communi�ue that lays the foundation Startup-20-�ommuni�u����A�.pdf. the drivers of change. In such a situation, the six better urban planning to address many urban issues.
56 New India Samachar August 1-15, 2023 New India Samachar August 1-15, 2023 57
