About the G20 and infrastructure
The Group of Twenty (G20) was established in 1999 as a forum for governments and central banks from the 19 largest national economies and the European Union to discuss policy relating to the promotion of international financial stability and coordination of economic policy.
Since 2008, the G20 has expanded to include heads of government or heads of state, finance ministers and foreign ministers, and its agenda has broadened to cover international issues that go beyond the responsibilities of any one organisation.
Infrastructure has been a priority for several G20 Presidencies and in 2014 the Global Infrastructure Hub (GI Hub) was established by the G20.
Below are the documents, initiatives and outcomes relating to infrastructure that have been endorsed by the G20 under various Presidencies since 2014.
Brazil - 1 Dec 2023 -30 Nov 2024
Brazil's G20 Presidency year commenced on 1 December 2023 and will conclude on 30 November 2024. The theme of Brazil's G20 Presidency is 'Building a just world and a sustainable planet'. This theme expresses Brazil's commitment and desire to promote fair agreements that promote global economic and social development, as well as socio-environmental development that includes a fair and inclusive ecological transition.
Key meeting documents
- First FMCBG Meeting, 28-29 February 2024, G20 Chair's Summary
- Third FMCBG Meeting, 25-26 July 2024, G20 Communiqué
India - 1 Dec 2022 - 30 Nov 2023
India's G20 Presidency year commenced on 1 December 2022 and will conclude on 30 November 2023. The theme of India’s G20 Presidency is 'Vasudhaiva Kutumbakam', which translates to 'One Earth, One Family, One Future'. It affirms the value of all life and the interconnectedness of life on the planet Earth and in the wider universe. The theme also spotlights LiFE (Lifestyle for Environment), referring to environmentally sustainable and responsible choices at the individual, national, and global levels.
GI Hub work under the Indian G20 Presidency
- Updates to the G20 on the G20/GI Hub Framework on How to Best Leverage Private Sector Participation to Scale Up Sustainable Infrastructure Investment
- Updates to our InfraTracker
- A report on infrastructure taxonomies.
Key meeting documents
- Fourth FMCBG Meeting, 12-13 October 2023, Communique
- New Delhi G20 Leaders' Declaration, 9-10 September 2023
- Third FMCBG Meeting, 14-18 July 2023, G20 Outcomes Document
- First FMCBG Meeting, 22-25 February 2023, G20 Chair's Summary
Other key documents
Indonesia - 1 Dec 2021 - 30 Nov 2022
Indonesia's G20 Presidency year commenced on 1 December 2021 and will conclude on 30 November 2022. The theme of the Indonesian Presidency is 'Recover Together, Recover Stronger'. The theme is a reflection of the critical inflection point the global community is sitting within, and the need for collaborative solutions. As an organisation with multilateralism and public-private sector collaboration at our core, the GI Hub will be working with the Indonesian Presidency to tackle infrastructure challenges that will enable us all to recover stronger together.
GI Hub work completed
- The G20/GI Hub Framework on How to Best Leverage Private Sector Participation to Scale Up Sustainable Infrastructure Investment was endorsed by the G20 FMCBG at their meeting in October 2022.
- A report was created on Infrastructure Transition Pathways to achieve global climate and United Nations Sustainable Development Goals.
- A new webinar was delivered in the New Deals series on funding solutions for the future of infrastructure. This webinar focused on enhancing social inclusion and addressing subnational disparities.
- The G20 Blueprint for Scaling Up InfraTech Financing and Development - developed by the GI Hub, AIIB, and Indonesian G20 Presidency - was endorsed by the G20 FMCBG in their meeting in July 2022. It is complemented by a Stocktake of Approaches for Scaling Up InfraTech. Details of both these resources can be viewed on our InfraTech web page.
Key documents
G20 Finance Ministers and Central Bank Governors meetings (GI Hub is a participant)
- First FMCBG Meeting, 17-18 Feb 2022, Communiqué
- Third FMCBG Meeting, 15-16 July 2022, G20 Chair's Summary
- Fourth FMCBG Meeting, 12-13 October 2022, G20 Chair's Summary
- Leaders’ Summit, 15-16 November 2022, Leaders’ Declaration
Other documents produced or endorsed
Italy 1 Dec 2020 - 30 Nov 2021
Italy’s G20 Presidency year commenced on 1 December 2020 and will conclude on 30 November 2021. The 2021 G20 Presidency has three thematic pillars:
- People – Tackling inequalities and promoting equal opportunities
- Planet – Implementing the commitments to the Paris Agreement and the Sustainable Development Goals
- Prosperity – Fostering new technologies and digital transformation as drivers of growth and better quality of life.
The major infrastructure objective of the Presidency year is to promote an international environment conducive to investment and growth: infrastructure to absorb shocks, ensure access to services and environmental sustainability. Within this objective, the Presidency seeks to strengthen:
- The infrastructure contribution to the G20 Action Plan in Response to COVID-19
- Resilience and maintenance, in line with the G20 Principles for Quality Infrastructure Investment
- Digital infrastructure
- Sustainable infrastructure
- Social infrastructure, including the local government dimension.
Key documents
Major infrastructure outcomes and related documents are included below.
Italian G20 Presidency overarching documents
- G20 Infrastructure Investors Dialogue: Financing Sustainable Infrastructure for the Recovery, Virtual Conference with the OECD and D20 Long-Term Investors Club, 3 June 2021 (view the recording)
- G20 Policy Agenda on Infrastructure Maintenance, July 2021
- G20 Annex of Infrastructure Maintenance Case Studies [Extended Version], July 2021
G20 Finance Ministers and Central Bank Governors meetings (GI Hub is a participant)
- Second G20 FMCBG Meeting Communique, 7 April 2021
- Second G20 FMCBG Meeting Annex 1 Third Progress Report on G20 Action Plan, April 2021
- Second G20 FMCBG Meeting Annex 2 Update on G20 Action Plan, April 2021
- Third G20 FMCBG Meeting Communique, 9-10 July 2021
- Third G20 FMCBG Meeting Annex 1 Review of MDB Capital Adequacy Frameworks Terms of Reference, 9-10 July 2021
- Third G20 FMCBG Meeting Annex 2 Recommendations for Use of Policy-Based Lending, 9-10 July 2021
- Third G20 FMCBG Meeting Annex 3 Reports and Documents Received, 9-10 July 2021
- Fourth G20 FMCBG Meeting Communique, 13 Oct 2021
- Fourth G20 FMCBG Meeting Fourth Progress Report on the G20 Action Plan Oct 2021
G20 Sustainable Finance Working Group (SFWG) (GI Hub is a participant)
- G20 SFWG 2021 Synthesis Report, October 2021
GI Hub work delivered for the G20
- GI Hub Innovative Funding and Financing, Green and Circular Compendium related to the Innovative Funding and Financing Initiative
- GI Hub Phase 2 of Transformative Infrastructure for COVID-19 Recovery related to the Transformative Outcomes Through Infrastructure Initiative (coming soon)
- GI Hub Roadmap for Enabling Circular Economy Potential in Infrastructure related to the Infrastructure and the Circular Economy initiative
Saudi Arabia 1 Dec 2019 - 30 Nov 2020
Saudi Arabia’s G20 Presidency year commenced on 1 December 2019 and concludes on 30 November 2020. The virtual Leaders’ Summit was held on November 21-22 2020.
The theme of the Presidency is ‘Realizing Opportunities of the 21st Century for All’, supported by a focus on sub-themes of:
- Empowering People by unleashing opportunities for all. This includes driving further ambition to empower both women and youth, encourage quality jobs and social protection for all workers, promote education and skills, enable person-centered health systems, scale up efforts for sustainable development, and foster inclusive and sustainable tourism.
- Safeguarding the Planet by fostering collective efforts to protect our global commons. This includes advancing synergies between adaptation and mitigation efforts to tackle climate change, protecting the environment by taking concrete actions, promoting cleaner and more sustainable energy systems and affordable energy access, promoting water sustainability and reducing food loss and waste.
- Shaping New Frontiers by adopting long-term, bold strategies to utilize and share the benefits of innovation where international collaboration is vital for tackling its challenges, while harnessing the benefits of digitization across the economy, encouraging the adoption of new technologies in infrastructure, keeping pace with advances in artificial intelligence, and developing smart cities.
The major infrastructure outcome from the Presidency year is the endorsement of the G20 Riyadh InfraTech Agenda. This was supported by:
- Reference Note – InfraTech Stocktake, July 2020 (Global Infrastructure Hub)
- Reference Note – InfraTech Value Case, July 2020 (World Bank Group)
- Reference Note – InfraTech Toolkit, July 2020 (World Bank Group)
- The G20/OECD Report on Collaboration with Institutional Investors and Asset Managers, July 2020
- InfraTech Use Case Library, November 2020
2020 and the impact of COVID-19 has resulted in changes to the priorities and activities of the G20, to allow it to respond collectively to the health and economic crisis caused by the pandemic. The G20’s collective response is captured in the G20 Action Plan in Response to COVID-19, endorsed by Finance Ministers and Central Bank Governors in April 2020, and updated on an ongoing basis.
Downloadable documents can be accessed from the below links
Japan 1 Dec 2018 - 30 Nov 2019
Japan’s G20 Presidency year commenced on 1 December 2018 and concludes on 30 November 2019. The Leaders’ Summit was held on 28-29 June 2019 in Osaka, Japan.
The themes of the Presidency were global economy, trade and investment, innovation, environment and energy, employment, women’s empowerment, development and health.
More detailed topics discussed under the themes included promoting free trade, infrastructure for development, global health, climate change, ageing populations, promoting the United Nation’s Sustainable Development Goals and international development and science and technology innovation to solve social problems and foster a human-centred society.
The major infrastructure outcomes from the Presidency year is the endorsement of the G20 Principles for Quality Infrastructure Investment. These were supported by:
- MDB Infrastructure Cooperation Platform: Phase II reference note on project preparation across the full project cycle (EBRD, in cooperation with the World Bank)
- MDB Reference Note: Translating Quality Infrastructure Investment (QII) Principles into Procurement Practices (AfDB, AsDB, BSTDB, CDB CABEI, CEB, EIB, EBRD, IaDB and IsDB, coordinated by the World Bank)
- OECD/IMF Reference Note on the Governance of Quality Infrastructure Investment
- OECD Reference Note on Environmental and Social Considerations in Quality Infrastructure
- GI Hub/OECD/World Bank Database of Resources and Facilities for Quality Infrastructure Investment
Downloadable document can be accessed from below link.
Argentina 1 Dec 2017 - 30 Nov 2018
The Argentinian G20 Presidency year commenced on 30 November 2017 and concluded on 1 December 2018. The G20 Leaders’ Summit was held on 30 November and 1 December 2018 in Buenos Aires, Argentina.
The themes of the Presidency were: the future of work, infrastructure for development and a sustainable food future.
Infrastructure outcomes from the Presidency year included the Roadmap to Infrastructure as an Asset Class and the G20 Principles for the Infrastructure Project Preparation Phase. These were supported by the Introductory Guide to Infrastructure Guarantee Products from Multilateral Development Banks (jointly prepared by the MDBs), the G20/OECD/World Bank Stocktake of Tools and Instruments Related to Infrastructure as an Asset Class and the establishment of the MDB Infrastructure Cooperation Platform.
The G20 Finance Ministers and Central Bank Governors extended the mandate of the Global Infrastructure Hub to 2022 at their July meeting.
Downloadable documents can be accessed from below links.
Germany 1 Dec 2016 - 30 Nov 2017
The German G20 Presidency year commenced on 1 December 2016 and concluded on 30 November 2017. The G20 Leaders’ Summit was held on 7 and 8 July 2017 in the city of Hamburg, Germany.
The G20 Presidency had three major themes: building resilience, improving sustainability and assuming responsibility.
In addition to the broad topics of global economic growth, international trade, and financial market regulation, the topics addressed under those themes included migration and refugee flows, digitisation, health – particularly regarding combating dangerous pathogens and antimicrobial resistance, women’s economic empowerment and development aid.
Infrastructure outcomes from the Presidency year included endorsing the MDB’s Joint Principles and Ambitions on Crowding-In Private Finance (the ‘Hamburg Principles and Ambitions’) and the establishment of the G20 Africa Partnership and Investment Compacts, which included a pillar of cooperation on the development of quality infrastructure.
Downloadable documents can be accessed from below links.
China 1 Dec 2015 - 30 Nov 2016
The Chinese G20 Presidency year commenced on 30 November 2015 and concluded on 1 December 2016. The G20 Leaders’ Summit was held on 4 and 5 September 2016 in the city of Hangzhou, China.
The theme of the Presidency year was ‘Towards an Inclusive, Invigorated, Interconnected and Inclusive World Economy’, with an emphasis on vision, integration, openness and inclusiveness.
Infrastructure outcomes from the Presidency year included the launch and endorsement of the Global Infrastructure Connectivity Alliance to enhance synergy and cooperation among various infrastructure connectivity programs and endorsement of the G20/OECD Guidance Note on Diversification of Financial Instruments for Infrastructure and SMEs. In addition, the G20 welcomed the MDB Response to the G20 MDB Balance Sheet Optimization Action Plan and the GI Hub’s Annotated Public-Private Partnership (PPP) Risk Allocation Matrices.
Downloadable documents can be accessed from below links.
Turkey 1 Dec 2014 - 30 Nov 2015
The Turkish G20 Presidency year commenced on 1 December 2014 and concluded on 30 November 2015. The G20 Leaders’ Summit was held on 15 and 16 November 2015 in the city of Belek, in the Antalya Province of Turkey.
The themes of the Presidency were strengthening the global recovery and lifting potential, enhancing resilience and buttressing sustainability.
Infrastructure outcomes from the Presidency year included an endorsement of the G20 Toolkit of Voluntary Options for Renewable Energy Deployment as well as agreeing that attention should be given to global health risks, such as antimicrobial resistance, infectious disease threats and weak health systems in the wake of the Ebola virus crisis.
Downloadable documents can be accessed from below links.
Australia 1 Dec 2013 - 30 Nov 2014
The Australian G20 Presidency year commenced on 1 December 2013 and concluded on 30 November 2014. The G20 Leaders’ Summit was held on 15 and 16 November 2014 in Brisbane, Australia.
The themes of the Presidency were acting together to lift growth and create jobs, building a stronger, more resilient global economy and strengthening global institutions.
Infrastructure outcomes from the Presidency year included the establishment of the Global Infrastructure Hub (GI Hub) to help increase infrastructure investment by linking governments, the private sector, development banks and international organisations.
Downloadable documents can be accessed from below links.