Last updated on October 27, 2023
| The leaders of the world’s 20 largest economies will meet this week in Rome for the G20 summit, where they will discuss a range of issues, including the global economic recovery, climate change, and the war in Ukraine. The global economy is still recovering from the COVID-19 pandemic, and the war in Ukraine has further disrupted supply chains and caused energy prices to rise. The G20 leaders are expected to discuss ways to support the global economy and mitigate the impact of the war. Climate change is another major issue on the agenda for the G20 summit. The leaders are expected to discuss ways to reduce greenhouse gas emissions and transition to a clean energy economy. The G20 leaders are also expected to discuss other key issues, such as poverty, inequality, and digital transformation. |
Significant Terms:
- G20: The G20 is an informal forum for the governments of the world’s 20 largest economies. It was founded in 1999 to promote international economic cooperation.
- Global economic recovery: The global economy is still recovering from the COVID-19 pandemic. In 2022, the International Monetary Fund (IMF) expects the global economy to grow by 3.6%.
- Clean energy economy: A clean energy economy is an economy that is powered by renewable energy sources, such as solar and wind power. A clean energy economy would help to reduce greenhouse gas emissions and mitigate climate change.
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