The meeting at the International Monetary Fund (IMF) on April 17 and 18 will be the stage for seeking concrete measures to tax the super-rich, finance climate change and fight inequality. The meeting brings together Finance ministers and Central Bank presidents from the world's largest economies in search of an international financial architecture for the 21st century.
The meeting at the International Monetary Fund (IMF) on April 17 and 18 will be the stage for seeking concrete measures to tax the super-rich, finance climate change and fight inequality. The meeting brings together Finance ministers and Central Bank presidents from the world's largest economies in search of an international financial architecture for the 21st century.
The second meeting of G20 Finance ministers and Central Bank presidents is taking place in Washington, United States, as part of the annual Spring Meetings between the IMF (International Monetary Fund) and the World Bank. The discussions are expected to provide key elements to guide the Brazilian presidency's priorities related to the global economy.
According to Ambassador Tatiana Rosito, coordinator of the forum's Finance Track, the meeting mark the culmination of cycle of discussions held by working groups, initiatives and task forces in this first phase of debate between the world's largest economies.
On Wednesday, April 17, the leaders will take part in debates on sustainable finance, with the aim of reimagining the climate finance model, from the perspective and challenges of developing countries in tackling the climate crisis. On Thursday, April 18, the discussions will focus on an agenda to that will consider ways to reform and strength multilateral banks and envision a model of international financial architecture for the 21st century.
At a press conference last week, Rosito pointed out that the representatives are also expected to discuss the elaboration of a roadmap to expand multilateral development banks (MDBs) make them more effective. It will also address strategies to increase the resilience of financial flows for financing developing economies.
Meeting schedule
In addition to the G20 ministerial meeting on the 17th and 18th, the Brazilian delegation's agenda includes side events and meetings with civil society organizations starting on April 15th. On April 18, at 1:15 p.m. (Washington time), Brazilian Finance Minister Fernando Haddad will be giving a press conference.
