In a special feature by journalist Daniela Canedo for O Globo on civil society participation in the G20, the article highlights the significance of recommendations from the Think20 (T20) on key priorities for the G20 Brazil presidency. These include trade, financing sustainable and inclusive development, inclusive digital transformation, and strengthening multilateralism and global governance.

Under the coordination of the Brazilian Center for International Relations (CEBRI), the Alexandre de Gusmão Foundation (Funag), and the Institute for Applied Economic Research (Ipea), the T20 produced a Communiqué containing policy recommendations and implementation roadmaps. These recommendations were presented to the President of Brazil ahead of the G20 Leaders’ Summit.

Among its proposals, the T20 emphasized private climate financing, a theme that appears in the Leaders’ Declaration. The declaration advocates for increased collaboration to expand public and private investments in climate and sustainable initiatives, particularly in developing countries.

“Challenges include the creation of a global minimum tax on ultra-high-net-worth individuals and the gradual phase-out of fossil fuels, which have yet to gain endorsement. However, the declaration takes a step forward by supporting progress in tax discussions toward the development of a Framework Convention on International Tax Cooperation,” said Julia Dias Leite, CEO at CEBRI.

Read the full article HERE, available in portuguese.