{"id":41715,"date":"2017-07-08T21:16:23","date_gmt":"2017-07-09T04:16:23","guid":{"rendered":"http:\/\/69.46.6.243\/?p=41715"},"modified":"2017-07-09T07:23:52","modified_gmt":"2017-07-09T14:23:52","slug":"g20-leaders-declaration-shaping-an-interconnected-world","status":"publish","type":"post","link":"https:\/\/new.thepinetree.net\/?p=41715","title":{"rendered":"G20 Leaders\u00b4 Declaration Shaping an Interconnected World"},"content":{"rendered":"<p>Hamburg, 7\/8 July 2017, G20 Leaders\u00b4 Declaration Preamble:  We, the Leaders of the G20, met in Hamburg, Germany on 7-8 July 2017 to address major global economic challenges and to contribute to prosperity and well-being.  Mastering the challenges of our age and shaping an interconnected world is the common goal of the G20 as our premier forum for international economic cooperation.  The G20 revealed its strength during the global economic and financial crisis some ten years ago when it played a crucial role in stabilising economies and financial markets.  What was true then continues to hold: We can achieve more together than by acting alone.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/americanherald.us\/wp-content\/uploads\/2017\/07\/2017-07-07-g20-familienfoto-en.jpg\" alt=\"\" width=\"640\" height=\"336\" class=\"alignnone size-full wp-image-1470\" \/><\/p>\n<p>Progressing our joint objective in the G20 \u2013 strong, sustainable, balanced and inclusive<br \/>\ngrowth \u2013 remains our highest priority.<\/p>\n<p>Globalisation and technological change have contributed significantly to driving<br \/>\neconomic growth and raising living standards across the globe. However, globalisation<br \/>\nhas created challenges and its benefits have not been shared widely enough. By<br \/>\nbringing together developed and emerging market economies, the G20 is determined<br \/>\nto shape globalisation to benefit all people. Most importantly, we need to better<br \/>\nenable our people to seize its opportunities.<\/p>\n<p>We are resolved to tackle common challenges to the global community, including<br \/>\nterrorism, displacement, poverty, hunger and health threats, job creation, climate<br \/>\nchange, energy security, and inequality including gender inequality, as a basis for<br \/>\nsustainable development and stability. We will continue to work together with others,<br \/>\nincluding developing countries, to address these challenges, building on the rulesbased<br \/>\ninternational order.<\/p>\n<p>Expanding on the results of previous presidencies, in particular the 2016 G20 Summit<br \/>\nin Hangzhou, we decide today to take concrete actions to advance the three aims of<br \/>\nbuilding resilience, improving sustainability and assuming responsibility.<\/p>\n<p>Sharing the Benefits of Globalisation<br \/>\nProspering Global Economy: Current growth prospects are encouraging, though the<br \/>\npace of growth is still weaker than desirable. We reaffirm our commitment to<br \/>\ninternational economic and financial cooperation to further strengthen growth and<br \/>\nsafeguard against downside risks. We will continue to use all policy tools \u2013 monetary,<br \/>\nfiscal and structural \u2013 individually and collectively to achieve our goal of strong,<br \/>\nsustainable, balanced and inclusive growth, while enhancing economic and financial<br \/>\nresilience. Monetary policy will continue to support economic activity and ensure price<br \/>\nstability, consistent with central banks\u2019 mandates. Fiscal policy will be used flexibly and<br \/>\nbe growth-friendly while ensuring debt as a share of GDP is on a sustainable path. We<br \/>\nreinforce our commitment to structural reforms. We reaffirm our previous exchange<br \/>\nrate commitments. We will strive to reduce excessive global imbalances in a way that<br \/>\nsupports global growth. We will promote greater inclusiveness, fairness and equality in<br \/>\nour pursuit of economic growth and job creation. To these ends, we endorse the<br \/>\nHamburg Action Plan.<\/p>\n<p>Trade and Investment: International trade and investment are important engines of<br \/>\ngrowth, productivity, innovation, job creation and development. We will keep markets<br \/>\nopen noting the importance of reciprocal and mutually advantageous trade and<br \/>\ninvestment frameworks and the principle of non-discrimination, and continue to fight<br \/>\nprotectionism including all unfair trade practices and recognise the role of legitimate<br \/>\ntrade defence instruments in this regard. We will strive to ensure a level playing field,<br \/>\nin particular by promoting a favourable environment for trade and investment in this<br \/>\nregard. We further reaffirm the importance of transparency for predictable and<br \/>\nmutually beneficial trade relations. To this end, we value the monitoring activities by<br \/>\nthe WTO, UNCTAD and OECD within their existing mandates. We commit to further<br \/>\nstrengthen G20 trade and investment cooperation. We call on the OECD, WTO, World<br \/>\nBank Group and IMF to continue their work to better understand trade impacts and<br \/>\nreport back to G20 Leaders in 2018.<\/p>\n<p>We recognise that the benefits of international trade and investment have not been<br \/>\nshared widely enough. We need to better enable our people to seize the opportunities<br \/>\nand benefits of economic globalisation. We agree to exchange experiences on the<br \/>\nmitigation of the adjustment costs of trade and investment liberalisation and<br \/>\ntechnological change, and on appropriate domestic policies, as well as to enhance<br \/>\ninternational cooperation towards inclusive and sustainable global growth.<\/p>\n<p>We underline the crucial role of the rules-based international trading system. We note<br \/>\nthe importance of bilateral, regional and plurilateral agreements being open,<br \/>\ntransparent, inclusive and WTO-consistent, and commit to working to ensure they<br \/>\ncomplement the multilateral trade agreements. We welcome the entry into force of<br \/>\nthe WTO Trade Facilitation Agreement and call for its full implementation including<br \/>\ntechnical assistance to developing countries. We commit to work together with all<br \/>\nWTO members to make the eleventh WTO Ministerial Conference a success. To<br \/>\nfurther improve the functioning of the WTO, we will cooperate to ensure the effective<br \/>\nand timely enforcement of trade rules and commitments as well as improve its<br \/>\nnegotiating, monitoring and dispute settlement functions.<\/p>\n<p>International investment can play an important role in promoting inclusive economic<br \/>\ngrowth, job creation and sustainable development, and requires an open, transparent<br \/>\nand conducive global policy environment. We will seek to identify strategies to<br \/>\nfacilitate and retain foreign direct investment.<\/p>\n<p>Excess Capacities: Recognising the sustained negative impacts on domestic<br \/>\nproduction, trade and workers due to excess capacity in industrial sectors, we commit<br \/>\nto further strengthening our cooperation to find collective solutions to tackle this<br \/>\nglobal challenge. We urgently call for the removal of market-distorting subsidies and<br \/>\nother types of support by governments and related entities. Each of us commits to take<br \/>\nthe necessary actions to deliver the collective solutions that foster a truly level playing<br \/>\nfield. Therefore, we call on the members of the Global Forum on Steel Excess Capacity,<br \/>\nfacilitated by the OECD, as mandated by the Hangzhou Summit, to fulfil their<br \/>\ncommitments on enhancing information sharing and cooperation by August 2017, and<br \/>\nto rapidly develop concrete policy solutions that reduce steel excess capacity. We look<br \/>\nforward to a substantive report with concrete policy solutions by November 2017, as a<br \/>\nbasis for tangible and swift policy action, and follow-up progress reporting in 2018.<br \/>\nSustainable Global Supply Chains: Global Supply Chains can be an important source of<br \/>\njob creation and balanced economic growth. However challenges for achieving an<br \/>\ninclusive, fair and sustainable globalisation remain. In order to achieve sustainable and<br \/>\ninclusive supply chains, we commit to fostering the implementation of labour, social<br \/>\nand environmental standards and human rights in line with internationally recognised<br \/>\nframeworks, such as the UN Guiding Principles on Business and Human Rights and the<br \/>\nILO Tripartite Declaration of Principles concerning Multinational Enterprises and<br \/>\nSocial Policy. Those countries that adhere to the OECD Guidelines for Multinational<br \/>\nEnterprises (OECD MNE Guidelines) commit to fostering them and welcome others to<br \/>\nfollow.<\/p>\n<p>We will work towards establishing adequate policy frameworks in our countries such<br \/>\nas national action plans on business and human rights and underline the responsibility<br \/>\nof businesses to exercise due diligence. We will take immediate and effective measures<br \/>\nto eliminate child labour by 2025, forced labour, human trafficking and all forms of<br \/>\nmodern slavery. We welcome the Vision Zero Fund for to prevent work-place related<br \/>\ndeaths and injuries and encourage enterprises and others to join.<\/p>\n<p>We emphasise that fair and decent wages as well as social dialogue are other key<br \/>\ncomponents of sustainable and inclusive global supply chains. We support access to<br \/>\nremedy and, where applicable, non-judicial grievance mechanisms, such as the<br \/>\nNational Contact Points for the OECD MNE Guidelines (NCPs). We will encourage<br \/>\nmultinational companies to conclude international framework agreements as<br \/>\nappropriate. Recognising the ongoing work of the Global Partnership for Financial<br \/>\nInclusion (GPFI), we promote better access to financing, technology, and training<br \/>\nfacilities that help improve the capacity of micro, small and medium enterprises to<br \/>\nintegrate into sustainable and inclusive global supply chains.<\/p>\n<p>Harnessing Digitalisation: Digital transformation is a driving force of global,<br \/>\ninnovative, inclusive and sustainable growth and can contribute to reducing inequality<br \/>\nand achieving the goals of the 2030 Agenda for Sustainable Development. To this end,<br \/>\nwe need to bridge digital divides along multiple dimensions, including income, age,<br \/>\ngeography and gender. We will strive to ensure that all our citizens are digitally<br \/>\nconnected by 2025 and especially welcome infrastructure development in low-income<br \/>\ncountries in that regard. We will promote digital literacy and digital skills in all forms of<br \/>\neducation and life-long learning. We recognise that information and communication<br \/>\ntechnology (ICT) plays a crucial role in modernizing and increasing efficiency in public<br \/>\nadministration. We recognise the important role that SMEs and start-ups play in the<br \/>\ndevelopment of a full range of new and innovative business models and will promote<br \/>\nbetter access to financial resources and services and a more entrepreneurial friendly<br \/>\nenvironment.<\/p>\n<p>We aim to foster favourable conditions for the development of the digital economy<br \/>\nand recognise the need to ensure effective competition to foster investment and<br \/>\ninnovation. We will continue to promote effective cooperation of all stakeholders and<br \/>\nencourage the development and use of market- and industry-led international<br \/>\nstandards for digitised production, products and services that are based on the<br \/>\nprinciples of openness, transparency and consensus and standards should not act as<br \/>\nbarriers to trade, competition or innovation. They can promote interoperability and<br \/>\nsecurity in the use of ICT.<\/p>\n<p>Trust in digital technologies requires effective consumer protection, intellectual<br \/>\nproperty rights, transparency, and security in the use of ICT. We support the free flow<br \/>\nof information while respecting applicable legal frameworks for privacy, data<br \/>\nprotection and intellectual property rights. The G20 Roadmap for Digitalisation will<br \/>\nhelp us guide our future work.<\/p>\n<p>We are committed to help ensure a secure ICT environment in which all sectors are<br \/>\nable to enjoy its benefits and reaffirm the importance of collectively addressing issues<br \/>\nof security in the use of ICTs.<br \/>\nWe will constructively engage in WTO discussions relating to E-commerce and in other<br \/>\ninternational fora with responsibilities related to various aspects of digital trade to<br \/>\nfoster digital economy development and trade. We will sustain and improve, as<br \/>\nappropriate, predictable and transparent frameworks on digital trade. Intensified and<br \/>\nconcerted action is needed to enhance the ability of developing and least developed<br \/>\ncountries to more fully engage in digital trade.<\/p>\n<p>Boosting Employment: Well-functioning labour markets contribute to inclusive and<br \/>\ncohesive societies and resilient economies. Digitalisation offers the opportunity for<br \/>\ncreating new and better jobs, while at the same time raising challenges regarding skills,<br \/>\nsocial protection and job quality. We therefore recognise the need to educate and train<br \/>\npeople with the necessary skills for the future of work, the importance of opportunities<br \/>\nto re- and upskill throughout their working lives, and assist them to successfully adapt<br \/>\nto change, in accordance with each member\u00b4s domestic social framework.<\/p>\n<p>Acknowledging the increasing diversity of employment, we will assess its impact on<br \/>\nsocial protection and working conditions and continue to monitor global trends,<br \/>\nincluding the impact of new technologies, demographic transition, globalisation and<br \/>\nchanging working relationships on labour markets. We will promote decent work<br \/>\nopportunities during the transition of the labour market. We look forward to a<br \/>\ncontinuous exchange on national experiences and practices.<\/p>\n<p>We recognise the important role of vocational education and training, including quality<br \/>\napprenticeship in integrating young people into the labour market. In this regard, we<br \/>\nacknowledge that it is particularly effective when it provides coordinated high quality<br \/>\nschool- and work-based learning and when it is built on cooperation among<br \/>\ngovernments, business communities and social partners.<\/p>\n<p>Building Resilience<br \/>\nResilient Global Financial System: An open and resilient financial system, grounded in<br \/>\nagreed international standards, is crucial to supporting sustainable growth. We remain<br \/>\ncommitted to the finalisation and timely, full and consistent implementation of the<br \/>\nagreed G20 financial sector reform agenda. We will work to finalise the Basel III<br \/>\nframework without further significantly increasing overall capital requirements across<br \/>\nthe banking sector, while promoting a level playing field. We will continue to closely<br \/>\nmonitor and, if necessary, address emerging risks and vulnerabilities in the financial<br \/>\nsystem. We emphasise the considerable progress made towards transforming shadow<br \/>\nbanking into resilient market based finance since the financial crisis and welcome the<br \/>\nFSB assessment of the monitoring and policy tools available to address risks from<br \/>\nshadow banking. We support the FSB\u2019s work to analyse the effects of financial<br \/>\nregulatory reforms and the structured framework for post-implementation evaluation.<br \/>\nAcknowledging that malicious use of ICT could endanger financial stability, we<br \/>\nwelcome the progress of the FSB\u2019s work and look forward to a stock-take report in<br \/>\nOctober 2017.<\/p>\n<p>International Financial Architecture: We need strong, effective and representative<br \/>\nglobal economic and financial institutions to underpin growth and sustainable<br \/>\ndevelopment. As laid out in the Hamburg Action Plan, we will continue to improve the<br \/>\nsystem underpinning international capital flows and emphasise the need to promote<br \/>\nsound and sustainable financing practices. We will enhance the international financial<br \/>\narchitecture and the global financial safety net with a strong, quota-based and<br \/>\nadequately resourced IMF at its centre. We look forward to the completion of the 15th<br \/>\nGeneral Review of IMF Quotas, including a new quota formula, by the Spring Meetings<br \/>\n2019 and no later than the Annual Meetings 2019, and support ongoing work to<br \/>\nfurther enhance the effectiveness of its lending toolkit. We endorse the MDBs\u2019 Joint<br \/>\nPrinciples and Ambitions on Crowding-In Private Finance (\u201cHamburg Principles and<br \/>\nAmbitions\u201d) and welcome their work on optimising balance sheets and boosting<br \/>\ninvestment in infrastructure and connectivity.<\/p>\n<p>International Tax Cooperation and Financial Transparency: We will continue our<br \/>\nwork for a globally fair and modern international tax system and welcome international<br \/>\ncooperation on pro-growth tax policies. We remain committed to the implementation<br \/>\nof the Base Erosion and Profit Shifting (BEPS) package and encourage all relevant<br \/>\njurisdictions to join the Inclusive Framework. We look forward to the first automatic<br \/>\nexchange of financial account information under the Common Reporting Standard<br \/>\n(CRS) in September 2017. We call on all relevant jurisdictions to begin exchanges by<\/p>\n<p>September 2018 at the latest. We commend the recent progress made by jurisdictions<br \/>\nto meet a satisfactory level of implementation of the agreed international standards on<br \/>\ntax transparency and look forward to an updated list by the OECD by our next Summit<br \/>\nreflecting further progress made towards implementation. Defensive measures will be<br \/>\nconsidered against listed jurisdictions. We continue to support assistance to developing<br \/>\ncountries in building their tax capacity. We are also working on enhancing tax certainty<br \/>\nand with the OECD on the tax challenges raised by digitalisation of the economy. As an<br \/>\nimportant tool in our fight against corruption, tax evasion, terrorist financing and<br \/>\nmoney laundering, we will advance the effective implementation of the international<br \/>\nstandards on transparency and beneficial ownership of legal persons and legal<br \/>\narrangements, including the availability of information in the domestic and crossborder<br \/>\ncontext.<\/p>\n<p>Safeguarding against Health Crises and Strengthening Health Systems: The G20 has a<br \/>\ncrucial role in advancing preparedness and responsiveness against global health<br \/>\nchallenges. With reference to the results of the G20 health emergency simulation<br \/>\nexercise, we emphasise the value of our ongoing, trust-building, cross-sectoral<br \/>\ncooperation. We recall universal health coverage is a goal adopted in the 2030 Agenda<br \/>\nand recognize that strong health systems are important to effectively address health<br \/>\ncrises. We call on the UN to keep global health high on the political agenda and we<br \/>\nstrive for cooperative action to strengthen health systems worldwide, including<br \/>\nthrough developing the health workforce. We recognise that implementation of and<br \/>\ncompliance with the International Health Regulations (IHR 2005) is critical for efficient<br \/>\nprevention, preparedness and response efforts. We strive to fully eradicate polio. We<br \/>\nalso acknowledge that mass movement of people can pose significant health<br \/>\nchallenges and encourage countries and International Organisations to strengthen<br \/>\ncooperation on the topic. We support the WHO\u00b4s central coordinating role, especially<br \/>\nfor capacity building and response to health emergencies, and we encourage full<br \/>\nimplementation of its emergency reform. We advocate for sufficient and sustainable<br \/>\nfunding to strengthen global health capacities, including for rapid financing<br \/>\nmechanisms and the WHO\u2019s Health Emergencies Programme. Furthermore, we see a<br \/>\nneed to foster R&#038;D preparedness through globally coordinated models as guided by<br \/>\nthe WHO R&#038;D Blueprint, such as the Coalition for Epidemic Preparedness Innovations<br \/>\n(CEPI).<\/p>\n<p>Combatting Antimicrobial Resistance (AMR): AMR represents a growing threat to<br \/>\npublic health and economic growth. To tackle the spread of AMR in humans, animals<br \/>\nand the environment, we aim to have implementation of our National Action Plans,<br \/>\nbased on a One-Health approach, well under way by the end of 2018. We will promote<br \/>\nthe prudent use of antibiotics in all sectors and strive to restrict their use in veterinary<br \/>\nmedicine to therapeutic uses alone. Responsible and prudent use of antibiotics in food<br \/>\nproducing animals does not include the use for growth promotion in the absence of<br \/>\nrisk analysis. We underline that treatments should be available through prescription or<br \/>\nthe veterinary equivalent only. We will strengthen public awareness, infection<br \/>\nprevention and control and improve the understanding of the issue of antimicrobials in<br \/>\nthe environment. We will promote access to affordable and quality antimicrobials,<br \/>\nvaccines and diagnostics, including through efforts to preserve existing therapeutic<br \/>\noptions. We highlight the importance of fostering R&#038;D, in particular for priority<br \/>\npathogens as identified by the WHO and tuberculosis. We call for a new international<br \/>\nR&#038;D Collaboration Hub to maximise the impact of existing and new anti-microbial<br \/>\nbasic and clinical research initiatives as well as product development. We invite all<br \/>\ninterested countries and partners to join this new initiative. Concurrently, in<br \/>\ncollaboration with relevant experts including from the OECD and the WHO, we will<br \/>\nfurther examine practical market incentive options.<\/p>\n<p>Improving Sustainable Livelihoods<br \/>\nEnergy and Climate: A strong economy and a healthy planet are mutually reinforcing.<br \/>\nWe recognise the opportunities for innovation, sustainable growth, competitiveness,<br \/>\nand job creation of increased investment into sustainable energy sources and clean<br \/>\nenergy technologies and infrastructure. We remain collectively committed to mitigate<br \/>\ngreenhouse gas emissions through, among others, increased innovation on sustainable<br \/>\nand clean energies and energy efficiency, and work towards low greenhouse-gas<br \/>\nemission energy systems. In facilitating well-balanced and economically viable longterm<br \/>\nstrategies in order to transform and enhance our economies and energy systems<br \/>\nconsistent with the 2030 Agenda for Sustainable Development, G20 members will<br \/>\ncollaborate closely. Recalling the G20 Principles on Energy Collaboration, we regard<br \/>\nenergy security as one of the guiding principles for the transformation of our energy<br \/>\nsystems, and we will continue to work on open, flexible, and transparent markets for<br \/>\nenergy commodities and technologies. We welcome international cooperation on the<br \/>\ndevelopment, deployment, and commercialisation of sustainable and clean energy<br \/>\ntechnologies and support financing by Multilateral Development Banks to promote<br \/>\nuniversal access to affordable, reliable, sustainable and clean energy.<\/p>\n<p>1 Noting differences in the G20 country definitions of the term \u201cantibiotics\u201d and referring here to those antibiotics with an impact<br \/>\non human health, including those antimicrobials that are critically important for human medicine as defined by the WHO.<\/p>\n<p>We take note of the decision of the United States of America to withdraw from the<br \/>\nParis Agreement. The United States of America announced it will immediately cease<br \/>\nthe implementation of its current nationally-determined contribution and affirms its<br \/>\nstrong commitment to an approach that lowers emissions while supporting economic<br \/>\ngrowth and improving energy security needs. The United States of America states it<br \/>\nwill endeavour to work closely with other countries to help them access and use fossil<br \/>\nfuels more cleanly and efficiently and help deploy renewable and other clean energy<br \/>\nsources, given the importance of energy access and security in their nationally determined<br \/>\ncontributions.<\/p>\n<p>The Leaders of the other G20 members state that the Paris Agreement is irreversible.<br \/>\nWe reiterate the importance of fulfilling the UNFCCC commitment by developed<br \/>\ncountries in providing means of implementation including financial resources to assist<br \/>\ndeveloping countries with respect to both mitigation and adaptation actions in line<br \/>\nwith Paris outcomes and note the OECD\u2019s report \u201cInvesting in Climate, Investing in<br \/>\nGrowth\u201d. We reaffirm our strong commitment to the Paris Agreement, moving swiftly<br \/>\ntowards its full implementation in accordance with the principle of common but<br \/>\ndifferentiated responsibilities and respective capabilities, in the light of different<br \/>\nnational circumstances and, to this end, we agree to the G20 Hamburg Climate and<br \/>\nEnergy Action Plan for Growth as set out in the Annex.<\/p>\n<p>Leading the Way towards Sustainable Development: The adoption of the 2030<br \/>\nAgenda represented a milestone towards global sustainable development. We call on<br \/>\ncountries to work with stakeholders to strive towards its ambitious and integrated<br \/>\nimplementation and timely realisation in accordance with national circumstances. We<br \/>\ncommit to further align our actions with the 2030 Agenda for Sustainable<br \/>\nDevelopment and its integral part, the Addis Ababa Action Agenda on Financing for<br \/>\nDevelopment, domestically and internationally, including in support of developing<br \/>\ncountries and the provision of public goods.<\/p>\n<p>Building on the G20\u2019s Action Plan on the 2030 Agenda for Sustainable Development,<br \/>\nthe Hamburg Update emphasises our collective and concrete commitments. We<br \/>\nsupport the central role of the high-level political forum on sustainable development<br \/>\nand other key UN processes towards achieving the Sustainable Development Goals.<br \/>\nWe will also engage in voluntary peer learning on the implementation of the 2030<br \/>\nAgenda and call upon others to join this important exercise as a complementary action<br \/>\ntowards Voluntary National Reviews.<\/p>\n<p>The Annual Progress Report documents for the first time progress on selected prior<br \/>\nG20 commitments on the implementation of the 2030 Agenda. Recognising the<br \/>\nimportance of financial inclusion as a multiplier for poverty eradication, job creation,<br \/>\ngender equality, and women\u2019s empowerment, we support the ongoing work of the<br \/>\nGlobal Partnership for Financial Inclusion and welcome the 2017 G20 Financial<br \/>\nInclusion Action Plan. We note the UN Secretary-General\u00b4s proposal to establish an<br \/>\nInternational Finance Facility for education taking into account other existing<br \/>\ninitiatives, such as the Global Partnership for Education and Education Cannot Wait,<br \/>\nand look forward to examining it in further detail under Argentina\u2019s Presidency with a<br \/>\nview to making recommendations on it.<\/p>\n<p>Women\u2019s Empowerment: Enhanced equal access to the labour market, property,<br \/>\nquality employment and financial services for women and men are fundamental for<br \/>\nachieving gender equality and full realisation of their rights as well as a prerequisite for<br \/>\nsustainable and inclusive growth. We are making progress in achieving our 2014<br \/>\nBrisbane commitment to reduce the gender gap in labour force participation by 25<br \/>\npercent by 2025 but agree that more needs to be done. We also commit to take further<br \/>\naction to improve the quality of female employment and eliminate employment<br \/>\ndiscrimination, and reduce gender compensation gaps and provide women with<br \/>\nprotection from all forms of violence. We will improve women\u00b4s access to labour<br \/>\nmarkets through provision of quality education and training, supporting infrastructure,<br \/>\npublic services and social protection policies and legal reforms, where appropriate.<br \/>\nDigitalisation and access to ICT serve as powerful catalysts for the economic<br \/>\nempowerment and inclusion of women and girls. Access to STEM (Science,<br \/>\nTechnology, Engineering and Mathematics) related trainings and occupations is<br \/>\ntherefore key to establish an enabling environment for women\u2019s empowerment. We<br \/>\nwelcome the launch of the #eSkills4Girls initiative to promote opportunities and equal<br \/>\nparticipation for women and girls in the digital economy, in particular in low income<br \/>\nand developing countries (see Annex).<\/p>\n<p>In order to scale up support for women\u00b4s entrepreneurship, we welcome the launch of<br \/>\nthe Women Entrepreneurs Financing Initiative (We-Fi), housed at the World Bank<br \/>\nGroup (see Annex). The We-Fi will support ongoing G20 efforts to reduce barriers to<br \/>\nfinancial inclusion and increase women\u00b4s access to capital, markets and technical<br \/>\nassistance as well as contribute to achieving the goals of the G20 Africa Partnership<br \/>\nand the G20 Entrepreneurship Action Plan. We will also establish a Business Women<br \/>\nLeaders\u2019 Taskforce, which will, in close cooperation with the W20 and B20, bring<br \/>\ntogether business women from G20 countries to examine ways to increase women\u00b4s<br \/>\nparticipation in the economy and will make recommendations at next year\u2019s summit on<br \/>\nthe implementation of G20 commitments regarding the economic empowerment of<br \/>\nwomen.<\/p>\n<p>Towards Food Security, Water Sustainability and Rural Youth Employment: Water is<br \/>\nan essential and precious resource. In order to achieve food security, we are committed<br \/>\nto increase agricultural productivity and resilience in a sustainable manner, while<br \/>\naiming to protect, manage and use efficiently water and water-related ecosystems. In<br \/>\norder to harness the potential of ICT, we stress the need for strengthened cooperation<br \/>\non ICT in agriculture and underline the importance of access to high-speed digital<br \/>\nservices for farmers and of adequately serving rural areas. To enhance transparency in<br \/>\nglobal food markets, we call for a strengthening of the Agricultural Market Information<br \/>\nSystem (AMIS) and an active engagement of its entire membership. We underline that<br \/>\nmaking markets function better can contribute to reducing food price volatility and<br \/>\nenhance food security. It is vital for farmers to be profitable and, along with<br \/>\nconsumers, have access to national, regional and international markets.<\/p>\n<p>We launch the G20 Initiative for Rural Youth Employment in developing countries with<br \/>\na focus on Africa. This Initiative will, in alignment with developing countries\u2019 strategies,<br \/>\ncontribute to creating 1.1 million new jobs by 2022 and to providing innovative skills<br \/>\ndevelopment programmes for at least 5 million young people over the next five years.<br \/>\nRecognising the famine in some areas of South Sudan and risk of famine in Somalia,<br \/>\nYemen and North-Eastern Nigeria, we are more than ever committed to act with the<br \/>\nrequired urgency, supporting UN agencies and other humanitarian and development<br \/>\norganisations in a coordinated and comprehensive response to save lives and support<br \/>\nconditions for sustainable development. We recognise the contributions made by<br \/>\ndifferent G20 members in line with the UN appeal for humanitarian assistance which<br \/>\nrepresents over two thirds of the funding received for immediate requirements. We<br \/>\nwill further strengthen our humanitarian engagement and reaffirm our commitment to<br \/>\naddressing the underlying causes of recurrent and protracted crises.<\/p>\n<p>Resource Efficiency and Marine Litter: We launch two initiatives to contribute to the<br \/>\nimplementation of the 2030 Agenda and to reflect our commitment to sustainable<br \/>\ndevelopment, as outlined in the Annexes. The G20 Resource Efficiency Dialogue will<br \/>\nexchange good practices and national experiences to improve the efficiency and<br \/>\nsustainability of natural resource use across the entire life cycle, and to promote<br \/>\nsustainable consumption and production patterns. The G20 Marine Litter Action Plan<br \/>\nseeks to prevent and reduce marine litter, including by considering its socio-economic<br \/>\naspects.<\/p>\n<p>Assuming Responsibility<br \/>\nAfrica Partnership: We launch the G20 Africa Partnership in recognition of the<br \/>\nopportunities and challenges in African countries as well as the goals of the 2030<br \/>\nAgenda. Our joint efforts will foster sustainable and inclusive economic growth and<br \/>\ndevelopment, in response to the needs and aspirations of African countries,<br \/>\ncontributing to create decent employment particularly for women and youth, thus<br \/>\nhelping to address poverty and inequality as root causes of migration. The Partnership<br \/>\nincludes related initiatives, such as #eSkills4Girls, Rural Youth Employment, African<br \/>\nRenewable Energy and facilitates investment Compacts, as outlined in the Annex.<br \/>\nWe welcome the outcomes of the G20 Africa Partnership Conference in Berlin, which<br \/>\nhighlighted the need for joint measures to enhance sustainable infrastructure, improve<br \/>\ninvestment frameworks as well as support education and capacity building. Individual<br \/>\npriorities for \u201cInvestment Compacts\u201d were put forward by C\u00f4te d&#8217;Ivoire, Ethiopia,<br \/>\nGhana, Morocco, Rwanda, Senegal and Tunisia. Led by the respective African countries,<br \/>\nthe African Development Bank, IMF and WBG as well as the G20 and other partners,<br \/>\nthese Compacts aim to mobilise private investment as well as promote efficient use of<br \/>\npublic funding.<\/p>\n<p>We are ready to help interested African countries and call on other partners to join the<br \/>\ninitiative. We support the goals of the Partnership through complementary initiatives<br \/>\nas well as encourage the private sector to seize African economic opportunities in<br \/>\nsupporting sustainable growth and employment creation.<\/p>\n<p>Based on equal partnership, we strongly welcome African ownership and commit to<br \/>\nalign our joint measures with regional strategies and priorities, in particular the African<br \/>\nUnion\u2019s Agenda 2063 and its Programme for Infrastructure Development in Africa<br \/>\n(PIDA). The African Union and its specialised agency, the New Partnership for Africa\u2019s<br \/>\nDevelopment (NEPAD), are important partners in its implementation and monitoring.<br \/>\nStepping up Coordination and Cooperation on Displacement and Migration: The<br \/>\nworld is experiencing historic levels of migration and forced displacement. While<br \/>\nmigration is influenced by many political, social and economic developments, the main<br \/>\ndrivers of forced displacement include conflicts, natural disasters as well as human<br \/>\nrights violations and abuses. Migration and forced displacement trends are of major<br \/>\nrelevance for countries of origin, transit and destination. The social and economic<br \/>\nbenefits and opportunities of safe, orderly and regular migration can be substantial.<br \/>\nForced displacement and irregular migration in large movements, on the other hand,<br \/>\noften present complex challenges.<\/p>\n<p>We support those countries that choose to develop pathways for migration, underline<br \/>\nthe importance of nationally determined integration and endorse the G20 Policy<br \/>\nPractices for the Fair and Effective Labour Market Integration of Regular Migrants and<br \/>\nRecognised Refugees. We emphasise the sovereign right of states to manage and<br \/>\ncontrol their borders and in this regard to establish policies in their own national<br \/>\ninterests and national security, as well as the importance that repatriation and<br \/>\nreintegration of migrants who are not eligible to remain be safe and humane. We<br \/>\ncommit to countering migrant smuggling and trafficking in human beings and we are<br \/>\ndetermined to take action against people smugglers and traffickers.<br \/>\nWe seek to address the root causes of displacement. We call for concerted global<br \/>\nefforts and coordinated and shared actions, in particular with respect to countries and<br \/>\ncommunities that are under high social, political and financial pressure, and for<br \/>\ncombining both an emergency approach and a long-term one. To this end, we<br \/>\nacknowledge the importance of establishing partnerships with countries of origin and<br \/>\ntransit. We will promote sustainable economic development in those countries.<br \/>\nWe commit to addressing the distinct needs of refugees and migrants, in particular<br \/>\nclose to their region of origin and, when applicable, to enable them to return home<br \/>\nsafely. At the same time, we place special emphasis on vulnerable groups, including<br \/>\nwomen at risk and children, particularly those unaccompanied, and to protecting the<br \/>\nhuman rights of all persons regardless of their status.<\/p>\n<p>We call for improving the governance of migration and providing comprehensive<br \/>\nresponses to displacement and recognise the need to develop tools and institutional<br \/>\nstructures accordingly. Therefore, we look forward to the outcome of the UN process<br \/>\ntowards Global Compacts on Refugees and for Safe, Orderly and Regular Migration,<br \/>\nboth envisaged to be adopted in 2018. We emphasise the need for monitoring global<br \/>\ndisplacement and migration, as well as its economic consequences. To this end, we ask<br \/>\nthe OECD, in cooperation with ILO, IOM and UNHCR, to update us annually on trends<br \/>\nand policy challenges.<\/p>\n<p>Fighting Corruption: We remain committed to fighting corruption, including through<br \/>\npractical international cooperation and technical assistance, and will continue to fully<br \/>\nimplement the G20 Anti-Corruption Action Plan 2017-18. We endorse four sets of<br \/>\nHigh Level Principles aimed at fostering integrity in the public and private sector. By<br \/>\nendorsing the High Level Principles on the Liability of Legal Persons, we commit to<br \/>\nensuring that not only individual perpetrators but also companies benefitting from<br \/>\ncorruption can be held liable. We commit to organising our public administrations to<br \/>\nbe more resilient against corruption. We will intensify our fight against corruption<br \/>\nrelated to illegal trade in wildlife and wildlife products. Wildlife trafficking is a threat to<br \/>\nthe planet\u2019s biodiversity, economic development, and, among others, health and<br \/>\nsecurity, and is facilitated by high levels of corruption, which the G20 cannot tolerate.<br \/>\nWe also endorse the High Level Principles on Countering Corruption in Customs and<br \/>\npublish a guide on requesting international cooperation in civil and administrative<br \/>\nproceedings. We will continue our work to address integrity in sports and urge<br \/>\ninternational sports organisations to intensify their fight against corruption by<br \/>\nachieving the highest global integrity and anti-corruption standards. In this respect, we<br \/>\nstrive for a common understanding regarding corruption risks in bids to host major<br \/>\nsport events. We are also committed to fighting corruption in contracts, including in<br \/>\nthe natural resources sector. We call for ratification and implementation by all G20<br \/>\nmembers of the UN Convention against Corruption and for a strong involvement in its<br \/>\nreview process.<\/p>\n<p>We thank Germany for hosting a successful Hamburg Summit and its contribution to<br \/>\nthe G20 process, and look forward to meeting again in Argentina in 2018, in Japan in<br \/>\n2019 and in Saudi Arabia in 2020.<\/p>\n<p>Agreed Documents<br \/>\nHamburg Action Plan<br \/>\nClimate and Energy Action Plan for Growth<br \/>\nHamburg Update: Taking forward the G20 Action Plan on the 2030 Agenda<br \/>\nAnnual Progress Report 2017<br \/>\nG20 Action Plan on Marine Litter<br \/>\nG20 Africa Partnership<br \/>\nG20 Initiative for Rural Youth Employment<br \/>\nHigh Level Principles on the Liability of Legal Persons for Corruption<br \/>\nHigh Level Principles on Organizing against Corruption<br \/>\nHigh Level Principles on Countering Corruption in Customs<br \/>\nHigh Level Principles on Combatting Corruption related to Illegal Trade in Wildlife and<br \/>\nWildlife Products<br \/>\nG20 Initiative #eSkills4Girls<br \/>\nWomen Entrepreneurs Finance Initiative<br \/>\nG20 Resource Efficiency Dialogue<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hamburg, 7\/8 July 2017, G20 Leaders\u00b4 Declaration Preamble: We, the Leaders of the G20, met in Hamburg, Germany on 7-8 July 2017 to address major global economic challenges and to contribute to prosperity and well-being. Mastering the challenges of our age and shaping an interconnected world is the common goal of the G20 as our [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":41716,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_cbd_carousel_blocks":"[]","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[20,5,1],"tags":[],"class_list":["post-41715","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-government","category-news","last_archivepost"],"jetpack_featured_media_url":"https:\/\/new.thepinetree.net\/wp-content\/uploads\/2017\/07\/2017-07-07-g20-familienfoto-en.jpg","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/posts\/41715","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41715"}],"version-history":[{"count":0,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/posts\/41715\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/media\/41716"}],"wp:attachment":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}