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News In Brief Sustainability

Third G20 Development Working Group to Meet in Goa for Finalizing Outcomes

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Third G20 Development Working Group to Meet in Goa for Finalizing Outcomes
09 May 2023
5 min read

News Synopsis

G20 Development Working Group to Finalize Development Outcomes

The G20 Development Working Group (DWG) is set to meet in Goa on Tuesday to finalise development outcomes that will be taken up at the final ministerial meeting in Varanasi. This meeting is the third in a series, with the first two sessions held in Mumbai and Kerala. The DWG aims to address the development mandate and accelerate progress towards the Sustainable Development Goals (SDGs).

According to Nagaraj Naidu Kakanur, Joint Secretary (G20), Ministry of External Affairs, who was speaking to a press conference on Monday. "The meeting in Goa is a very important element because we are at that stage of negotiations wherein we are discussing the text (of the earlier discussion) with all the G20 members." It is a challenging process and there will be a lot of "give and take" between the countries, "but we are hopeful that DWG will come out with substantiate outcome," he said.

"The meeting (scheduled between May 9 and 11) in Goa will work towards setting up development outcomes which will be taken up for the final ministerial meeting at Varanasi," according to Kakanur.

As it deals with the development mandate, which is extremely important in the current situation, he said that DWG serves as the G20's fulcrum.

In particular, he stated, ""The whole world is looking at accelerating the progress, particularly to achieve the sustainable development goals,"

According to Kakanur, the globe has seen a series of crises, starting with the COVID-19 epidemic and continuing through the current geopolitical scenario. "What we were calling the decade of action starting from 2021 to 2030, has converted into a decade of recovery".

Accelerating Progress Towards the SDGs

The COVID-19 pandemic and current geo-political situation have impacted economic growth, leading to debt distress in many countries. The DWG is looking at how to accelerate progress towards the SDGs, particularly in countries in the south. The aim is to achieve very bold actionable outcomes that will help these countries meet their SDG goals by 2030.

Addressing the Digital Revolution and Global Climate Ambitions

The DWG is also looking at how to accelerate the transition towards the digital revolution, and enhance global climate ambitions. Developing countries in the south need assistance in terms of financing and technology to achieve their climate ambitions. The DWG is also exploring how women-led development can contribute to this transition.

India's G20 Presidency 2023 Theme and Logo: "Vasudhaiva Kutumbakam"

Logo Inspired by India's National Flag and Pro-Planet Approach

India's G20 Presidency 2023 will have the theme of "Vasudhaiva Kutumbakam," which is derived from an ancient Sanskrit text and translates to "One Earth · One Family · One Future." The theme represents the interconnectedness of all life forms on Earth and the importance of environmentally sustainable and responsible choices at both the individual and national levels.

The G20 Logo draws inspiration from India's national flag, incorporating its vibrant colors of saffron, white, green, and blue. The logo depicts planet Earth with a lotus, India's national flower, symbolizing growth amid challenges. The Earth reflects India's pro-planet approach to life, emphasizing the importance of living in harmony with nature. The logo also features the word "Bharat" in Devanagari script, below the G20 logo.

LiFE: Lifestyle for Environment

The India G20 Presidency 2023 will also spotlight "LiFE," or "Lifestyle for Environment," emphasizing the need for environmentally sustainable and responsible choices at both the individual and national levels. This includes leading globally transformative actions resulting in a cleaner, greener, and bluer future.

The logo and theme convey a powerful message of striving for just and equitable growth for all in the world, in a sustainable, holistic, responsible, and inclusive manner. They represent a uniquely Indian approach to the G20 Presidency, emphasizing the interconnectedness of all life forms on Earth and the importance of living in harmony with the surrounding ecosystem.

India's G20 Presidency 2023 also marks the beginning of "Amritkaal," a 25-year period beginning from the 75th anniversary of India's independence on 15 August 2022. The country aims to work towards a futuristic, prosperous, inclusive, and developed society distinguished by a human-centric approach at its core.

TWN Conclusion

The G20 Development Working Group meeting in Goa is a crucial step towards addressing the development mandate and accelerating progress towards the SDGs. The aim is to achieve bold actionable outcomes that will help developing countries in the south overcome economic challenges and meet their SDG goals by 2030. The DWG is also exploring how to accelerate the transition towards the digital revolution and enhance global climate ambitions, with a focus on women-led development.

Important News Tags and Headlines for Readers

G20 Development Working Group to Meet in Goa for Finalizing Outcomes

Goa Hosts Third Meeting of G20 Development Working Group

G20 Development Working Group Gathers in Goa to Finalize Plans

Goa Prepares for Third G20 Development Working Group Meeting

G20 Development Working Group to Discuss Development Outcomes in Goa

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