India assumes the Presidency of the G20 at a crucial time. Over the past month, heads of state and government and business leaders have, in Geneva, Sharm El-Sheikh and Montreal, stressed on the need to ensure that investment and technology deployment across global value chains by businesses must take on board efforts to combat climate change, be in harmony with nature and address inequality.
The G20 Bali Leaders’ Declaration reiterates its commitment towards the shared objectives of inclusive growth, innovation, job creation and sustainable development and to supporting the resilience and recovery of the global economy post COVID-19 and amid global supply chain disruptions.