Power Africa has already helped projects expected to generate 4,100 MW of new, cleaner electricity reach financial close. 2015 is a landmark year for development, and G-20 Leaders expressed their determination to ensure their actions contribute to inclusive and sustainable growth. Achieving Strong, Sustainable, and Balanced Global Economic Growth. Leaders agreed to build on areas of longstanding international counterterrorism cooperation by combatting radicalization and recruitment, hampering terrorist movements, countering terrorist propaganda, and preventing the financing of terrorism. Leaders committed to expedite implementation of the remaining commitments, to continue the robust monitoring framework developed this year, and to update growth strategies to take account of ongoing economic developments. Combating Impunity: Leaders committed to strengthen international cooperation to support asset recovery and deny safe haven to corrupt officials. It helps organise and ensure the coherence of the Council's work and the implementation of its 18-month programme. The world's leading economies adopted a comprehensive agenda including the implementation of past commitments, boosting investment to drive growth and promoting … The President of the European Council Donald Tusk and the President of the European Commission Jean-Claude Juncker set out the EU's agenda for the summit in a joint letter sent to EU Heads of State or Government: President Juncker also joined the meeting. They also welcomed the country National Remittance Plans to reduce the global average cost of transferring remittances to five percent. As the world’s largest humanitarian donor, the U.S. Government has provided $6.5 billion in life-saving food, healthcare, water, and shelter this year. The United States has taken important steps to address the gender wage gap, reduce occupational segregation, and better prepare women for employment in high-wage sectors. There is no better forum in which to address terrorist financing.". Leaders underlined the need to address the root causes of displacement, including through finding political solutions to the conflicts that adversely affect many regions of the world. Addressing Climate Change and Boosting Clean Energy. The United States will continue to show resolve in confronting terrorist groups wherever they are located, whether this be through the application of continued counterterrorism pressure on core al-Qa‘ida and al-Qa‘ida affiliates; by leading the way in a 65-member coalition to confront ISIL; or by developing and backing programs that seek to address the root causes of terrorism and radicalization. Mobilizing Additional Resources from the Multilateral Development Banks (MDBs): Leaders endorsed an action plan to optimize the balance sheets of the MDBs, using existing resources more efficiently and providing greater support for development needs, especially investments in sustainable infrastructure. This is historical material “frozen in time”. This assistance supports refugees and other displaced persons, the communities that host them, and other vulnerable groups affected by conflict, natural disasters and food insecurity. New data demonstrate that, through Feed the Future and other U.S. Government efforts, childhood stunting rates have declined in Ethiopia, Ghana, and parts of Kenya by between 9 and 33 percent in recent years, while areas in Uganda have seen a 16 percent drop in poverty. Leaders also committed to making further progress in finalizing the remaining post-crisis reforms, particularly for over-the-counter derivatives. Building on the 2014 Brisbane Statement on Ebola, Leaders underscored the importance of a coordinated international response resolved to tackle global health risks and resolved to tackle disease threats and weak health systems to fight the adverse impacts on the global economy. Reports to the G20 Summit - November 2015. In preparation for the upcoming COP21 climate change conference in Paris, the EU urged all sides to overcome their differences for a legally-binding deal. Here at the G20 we have a special responsibility. The FSB monitors and assesses vulnerabilities affecting the global financial system and proposes actions needed to address them. Donald Tusk, President of the European Council, and Jean Claude Juncker, President of the European Commission, held a press briefing on the priorities of the EU at the G20 summit. Leaders stated they are prepared to implement their INDCs. The G-20 and Financial Action Task Force (FATF) organized a joint meeting with the participation of representatives from major financial institutions. These efforts build on steps taken by the Obama Administration to increase both public and private investment, including an ambitious proposal to increase Federal highway and transit investments by 40 percent and a government-wide program to encourage public-private collaboration on infrastructure and foster private investment in areas like transportation and water infrastructure. In a world where demand is persistently weak, it is critical to lift wages and put more money in the pockets of middle-class households so they can spend and drive growth. Following the brutal terrorist attacks in Paris, G20 leaders also reaffirmed the need to work together to fight terrorism. Under the Obama Administration, the United States has committed and helped mobilize more than $100 billion in new funding from other donors and the private sector to fight poverty and promoted development in the areas of health, food security, and energy. Open Government and Transparency in the Public and Private Sectors: Leaders committed to implement the G-20 Anticorruption Open Data Principles and the G-20 Principles for Promoting Integrity in Public Procurement. Addressing Youth Unemployment: In order to tackle one of the most pernicious challenges to economic opportunity worldwide, G-20 Leaders committed to reduce the share of young people not in employment, training, or education in their respective countries by 15 percent by 2025. It needs a coordinated and comprehensive response to tackle both this crisis, as well as its long term consequences. Power Africa is tracking projects with the potential to generate more than 37,000 MW of electricity, and exploring opportunities to support these transactions. The United States continues to lead the world in terms of volume of Official Development Assistance (ODA) committed, with nearly $33 billion in assistance committed in 2014 alone. To support shared prosperity, the United States has expanded access to quality skills training under the new Workforce Innovation and Opportunity Act (WIOA) and taken steps to lift the minimum wage for government contractors, expand eligibility for overtime pay, and strengthen labor law enforcement. Through Power Africa, the United States is working with a range of partners to identify, track and accelerate a robust pipeline of private-sector energy transactions, leveraging the assistance, financing, commercial and diplomatic tools and expertise of the U.S. Government, and our bilateral and multilateral partners, including the African Development Bank, the World Bank Group, the Swedish Government, the European Union, and more than 100 private-sector partners to maximize our impact and reach. The world's leading economies adopted a comprehensive agenda including the implementation of past commitments, boosting investment to drive growth and promoting inclusiveness to ensure the benefits of their actions can be shared by all. President Juncker also joined the meeting to discuss EU-Turkey cooperation on the refugees and migration crisis. The G-20 held an inaugural meeting to operationalize the network of denial of entry experts. G-20 leaders met two weeks before world leaders will convene in Paris, France, to launch the Paris Climate Conference. The website is no longer updated and links to external websites and some internal pages may not work. In the margins of the summit, Presidents Tusk and Juncker also had the opportunity to meet with other leaders, including, Prime Minister Davutoğlu of Turkey, Prime Minister Turnbull of Australia, Prime Minister Modi of India and Recep Erdoğan, President of Turkey. To get more information about these cookies, how and why we use them and how you can change your settings, check our cookies policy page. A founding member of the Open Government Partnership (OGP), a global platform launched by President Obama and 7 other heads of state in 2011 that has now grown to 69 participating countries, the United States continues to lead global efforts to promote open government and to make the U.S. government more transparent, responsive, accountable and effective. Promoting Investment to Foster Long-Term Growth: G-20 members produced ambitious country-specific investment strategies, which bring together concrete policy actions and commitments to improve the investment ecosystem, foster efficient and quality infrastructure, and support dynamism among small- and medium-sized enterprises (SMEs). Donald Tusk, President of the European Council, and Jean Claude Juncker, President of the European Commission, represented the EU at the summit. The 11th edition of the G20 summit will be hosted by China in Hangzhou, in 2016. G-20 Leaders committed to further develop employment plans to strengthen action in support of inclusive growth. Today’s global terrorism landscape is complex, with core al-Qa‘ida at its weakest point in over a decade, yet al-Qa‘ida affiliates and ISIL remain a serious threat. Leaders called upon all states to contribute to responding to this crisis, through refugee resettlement, other forms of humanitarian admission, humanitarian aid and efforts to ensure that refugees can access services, education and livelihood opportunities. Leaders reiterated their commitment to a strong and effective multilateral trading system and committed to work toward a successful World Trade Organization Nairobi Ministerial Meeting in December 2015. Boosting Female Labor Force Participation: In Antalya, Leaders reviewed progress toward their goal of reducing the gap between the share of men and women in the workforce by 25 percent by 2025. The Council of the EU meets in different configurations depending on the topic discussed. President Obama will continue to support greater worker voice and the bill in Congress to increase in the federal minimum wage to $12.00 per hour by 2020. The G-20 is the world’s premier forum for economic policy cooperation, where Leaders representing economies that account for about 85 percent of global economic output assemble to promote strong, sustainable and balanced growth and to address urgent global economic challenges. To make growth more inclusive and address inequality it will be necessary to ensure greater access to quality training and education; strengthen labor market institutions such as the minimum wage and collective bargaining; improve labor market opportunities and outcomes for vulnerable groups; enhance job quality and workplace safety; and provide adequate social protection and support to the unemployed. The European Council brings together EU leaders at least four times a year. The General Secretariat of the Council is a body of staff responsible for assisting the European Council and the Council of the EU. They reaffirmed their solidarity and resolve in the fight against the scourge of terrorism facing their countries, as well as others.
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