G20 SUMMIT
CONTEXT:
- Recently, at the G20 summit held virtually India called for a “New Global Index” for the post-Corona world.
MORE ABOUT NEW GLOBAL INDEX
- New Global Index will be based on 4 pillars of
o Talent,
o Technology,
o Transparency and
o Trusteeship towards the planet.
- Talent
o The focus must shift to multi-skilling and reskilling from capital and finance to create a vast human talent pool.
o India’s New Education policy and programmes such as Pradhan Mantri Innovative Learning Program (DHRUV) are well aligned with this element.
- Technology:
o Ensuring that technology reaches all segments of the society and the value of new technologies should be measured by their benefit to humanity.
o Digitial India and E-governance campaigns of India have increased people’s access to technology and other government services.
- Transparency
o Reforms such as Right to Information and Ease of Doing Business promote transparency in governance in India.
- Trusteeship:
o The world should deal with the environment and nature as trustees rather than owners which would inspire us towards a holistic and healthy lifestyle.
o Climate change must be fought not in silos but in an integrated, comprehensive and holistic way.
o A principle whose benchmark could be a per capita carbon footprint. A carbon footprint is the amount of greenhouse gases primarily carbon dioxide released into the atmosphere by a particular human activity.
CARBON FOOTPRINT
- A carbon footprint is the amount of greenhouse gases—primarily carbon dioxide—released into the atmosphere by a particular human activity.
- It is usually measured as tons of CO2 emitted per year, a number that can be supplemented by tons of CO2-equivalent gases, including methane, nitrous oxide, and other greenhouse gases.
G20 BASICS
- The G20 (or Group of Twenty) is an international forum for the governments and central bank governors from 19 countries and the European Union (EU).
- Founded in 1999 with the aim to discuss policy pertaining to the promotion of international financial stability, the G20 has expanded its agenda since 2008 and heads of government or heads of state, as well as finance ministers, foreign ministers and think tanks, have periodically conferred at summits ever since.
- It seeks to address issues that go beyond the responsibilities of any one country.
- With the G20 growing in stature after its inaugural leaders’ summit in 2008