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G20 - Realizing Opportunities of the 21st Century for All Under Saudi Arabia’s Presidency

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RIYADH, 20 November 2020, (TON): The Kingdom of Saudi Arabia hosting ‪the G20 Leaders’ Summit on 21 – 22 November 2020. Saudi Arabia made a lot of effort and played key role in pushing forward international cooperation under the theme “Realizing Opportunities of the 21st Century for All”. Today, the G20 is emerging as the best platform for realizing opportunities of the 21st century for all.

G20 Leaders’ Summit is taking place when the world is collectively facing major challenges like the benefits of economic growth are not spread equally among countries and people where there gaps between rich and poor, the educated and the illiterate, and urban and rural areas. Women as important workforce in labor market remain unutilized. There are wide gaps in adopting Digital technology in transforming the world into a Global Village which has become vital for economic and political institutions. More so, environmental degradation caused by the mismanagement and ultimate utilization of natural resources undermines economic progress that has seriously affectsed marginalized communities.

The first aim is “Empowering People” by unleashing opportunities for all. We in the G20 have a collective responsibility to our people to ensure that everyone benefits from economic growth and innovation. The G20 will focus on policies that promote more equality of opportunity for all, and especially for women and youth.

The second aim is “Safeguarding the Planet” by fostering collective efforts to protect our commons. Climate change is one of the most pressing challenges of the 21st century. The Saudi Presidency will seek to advance efforts for managing emissions and for improving synergies between adaptation and mitigation actions, including nature-based solutions, such as combating land degradation and habitat loss, and protecting marine resources.

The third aim of the Saudi Presidency is “Shaping New Frontiers” by adopting long-term, bold strategies to utilize and share the benefits of innovation.

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