South Africa has assumed the G20 Presidency for 2025 with thetheme “Solidarity, Equality, Sustainability”, unveiling priorities centered ondisaster resilience, debt relief, climate finance and just energy transitions.
- This marks thefirst G20 Summit hosted on African soil, coinciding with India’s strong advocacy forGlobal south
What it is?
- The G20 is the world’s premier forum for international economic cooperation, bringing together major advanced and emerging economies to coordinate on global economic, developmental, and governance challenges.
History:
- Formed in1999after theAsian Financial Crisisas a forum for Finance Ministers and Central Bank Governors.
- Upgraded toLeaders’ Summit level in 2008–09to coordinate responses to the global financial crisis.
- Over time, expanded its agenda beyond macroeconomics to include climate change, health, energy, development, food systems, digital economy, taxation, and anti-corruption.
IAS-2026 - OPTIONAL / GEOGRAPHY / PUBLIC ADMINISTRATION / SOCIOLOGY / ANTHROPOLOGY / ORIENTATION ON 03 & 04-10-2025