Organizations · 15 stories

G20

The G20 (Group of Twenty) is an intergovernmental forum comprising 19 of the world's largest economies plus the European Union. It was established in 1999 in the wake of the Asian financial crisis, initially as a forum for finance ministers and central bank governors, and began holding leaders' summits from 2008 onward. The G20 has no permanent secretariat, and its presidency rotates annually among member states. It coordinates policy on macroeconomic issues, trade, sustainable development, and climate change.