"This Development Ministers Meeting marks the culmination of extensive and thoughtful engagement within the G20 Development Working Group. Your delegations have contributed constructively to the shaping of an Outcome Document and Ministerial Declaration that not only speaks to the urgency of our shared development agenda, but also affirms our common ambition to leave no one behind."
The G20 Development Ministerial Meeting gathered development ministers and international organisation heads to discuss global development issues.
"Investing in Global Public Goods is not an act of charity, but a strategic investment in resilience, equity, and long-term global stability. It is a commitment to a future that is sustainable, inclusive, and secure for all."
"Our era is defined by shared risks – be they pandemics, climate volatility or technological disruption. Addressing these calls for a new era of cooperation. Global public goods must be treated as collective responsibilities, governed inclusively and supported equitably."
"As development challenges are mounting – from high debt levels and climate change to geopolitical tensions and a lack of food, water and energy security – the DWG stands out as a critical platform for advancing a shared development agenda grounded in equity, resilience and sustainability."
"In light of high public debt and fiscal pressures, we recognise the need to raise long-term growth potential by pursuing growth-oriented macroeconomic policies, while building fiscal buffers, ensuring fiscal sustainability, encouraging public and private investments and undertaking productivity-enhancing reforms."
This G20 Practice Guide is a deliverable of the G20 Infrastructure Working Group (IWG) scheduled for 2025, aiming to bolster pipeline development.
"The need for global cooperation is as clear today as it was 15 years ago: not just to prevent crises, but because ultimately a resilient system allows the efficient allocation of capital, enabling the G20 to focus on sustainable growth."