G20
- The G20 or Group of Twenty is an intergovernmental forum comprising 19 countries and the European Union (EU).
- It works to address major issues related to the global economy, such as international financial stability, climate change mitigation, and sustainable development.
- The G20 was founded in 1999 in response to several world economic crises.
- Since 2008, it has convened at least once a year, with summits involving each member’s head of government or state, finance minister, foreign minister, and other high-ranking officials; the EU is represented by the European Commission and the European Central Bank.
- Members – Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom, the United States and the EU.