T20 Japan Provides Early Look at G20 Policy Proposals
Berlin, Germany – Experts from the Think20 (T20), the G20’s research and policy advice network, have provided a glimpse at their policy proposals for achieving a sustainable, inclusive, and resilient society being developed for G20 Leaders ahead of their forthcoming summit under Japan’s 2019 presidency.
Members of T20 Japan’s 10 policy innovation Task Forces presented their initial research findings at the recent Global Solutions Summit in Berlin—a T20 associated event. In keynote remarks German Chancellor and G20 Leader Angela Merkel extoled such inputs as vital to improving lives in today’s disruptive global landscape.
The T20 Japan policy development process is being chaired by the Asian Development Bank Institute and co-led by the Institute for International Monetary Affairs and the Japan Institute of International Affairs.
“We have to strengthen the voice of multilateralism in this broad spectrum of challenges,” said Chancellor Merkel, who will consider T20 policy recommendations together with fellow G20 Leaders hosted by Japan Prime Minister Shinzo Abe in Osaka on 28-29 June.
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Chancellor Merkel pointed to the importance of delivering global policy breakthroughs in areas like climate change, trade, digital opportunity, and African cooperation, which are among the focuses of policy guidance under development by T20 Japan Task Forces.
“T20 Japan’s Task Force experts are seeking a sustainable, inclusive, and resilient society,” explained Naoyuki Yoshino, T20 Japan Chair and Asian Development Bank Institute Dean. “Our priority is the uptake of bold, evidence-based policies by G20 countries that advance shared progress at a time when political, social, and technological change is making it increasingly difficult to realize.”
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T20 Japan’s policy research includes cutting-edge work to enable small and medium-size enterprise growth via financial technologies, mitigate the economic impact of aging populations, and finance quality infrastructure projects that bring positive development, or “spillover,” to neighboring communities.
Policy proposals developed by T20 Japan Task Forces will be incorporated into a final communique to be unveiled at the T20 Summit in Tokyo on 26-27 May and presented to G20 Leaders for prospective action when they convene in Osaka for their summit one month later.
David Hendrickson, Communications Specialist
Asian Development Bank Institute
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