G20 compendium on investment offers development strategies and policies01 Nov 2022
G20 ministers gathered at the Trade, Investment and Industry Ministerial Meeting in Bali on 22 and 23 September 2022 welcomed the G20 Compendium on Promoting Investment for Sustainable Development.
UNCTAD prepared the compendium under the guidance of the Indonesian presidency of the G20, with inputs from all G20 members and some associated countries.
“UNCTAD has been proud to collaborate with G20 members and the Indonesian presidency in the production of the compendium. I am happy to hear this outcome document has been well received by member states, and we look forward to further collaboration in the future,” UNCTAD Secretary-General Rebeca Grynspan said.
Rich compilation to promote investment in global goals
The compendium includes strategies, policies, investment promotion activities and international collaboration initiatives of the G20 and some associated countries aimed at promoting investment in sectors linked to the UN Sustainable Development Goals (SDGs).
In preparing the compendium, the Indonesian presidency and UNCTAD collaborated with Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, the Republic of Korea, the Russian Federation, Saudi Arabia, South Africa, Türkiye, the United Kingdom, the United States, the European Union, Singapore, Spain, Switzerland and the United Arab Emirates.
“The compendium will facilitate the sharing of experiences and policy practices among countries. It’s a toolkit for countries to pick and choose, adapt and adopt relevant measures and initiatives to formulate their own strategies and policy packages,” said James Zhan, director of UNCTAD’s investment division.
He added: “The compendium can also be used by international organizations in designing and delivering their technical assistance and capacity-building programmes, and as a key reference for investment-development stakeholders at large.”
Read the chair’s summary of the G20 Trade, Investment and Industry Ministers’ meeting.