G20 Infrastructure Working Group meeting started in Madhya Pradesh

Tags: Summits

The 4th International Infrastructure Working Group meeting under India's G20 chairmanship began on 21 September 2023 at the Maharaja Chhatrasal Convention Center in Khajuraho, Madhya Pradesh.

An Overview of the News

• More than 50 delegates representing different countries participated in the two-day meeting.

• The primary agenda of the meeting revolves around several aspects of infrastructure investment, such as:

  • To develop infrastructure as an asset class.

  • To promote the development of high-quality urban infrastructure.

  • Exploration of Infratech (Technology in Infrastructure).

  • To identify innovative financial instruments to mobilize funds to invest in resilient, sustainable, and inclusive urban infrastructure.

• The Ministry of Finance is hosting and chairing the meeting with co-chair support from Australia and Brazil.

About G20

• It is an international forum of the world's leading economies established in 1999.

• Its primary objective is to promote international financial stability and sustainable economic growth.

• The G20 serves as a forum to discuss and coordinate policies related to a wide range of economic and financial issues such as trade, investment, employment, energy and climate change.