The B20-G20 dialogue has the potential to transform the way that both the B20 and G20 work towards a more streamlined and impactful process. But what does it take? And how do we get there?
This two-page compilation of suggestions and recommendations was prepared by a group of B20 Integrity & Compliance Task Force members in 2021.
The document aims to support the incoming G20 and B20 presidencies with some ideas and suggestions. Some of these are specific to the B20 Integrity & Compliance Task Force, while others may be applicable to other B20 Taskforces or the B20 more widely.
The Presidency of the G20 rotates each year between member countries, as does the leadership of the B20 – the G20’s voice of business.
The key issue of tackling corruption is picked up almost every year, but not always in the same way or using the same format. This can make it challenging to find historical information including past anti-corruption commitments and related recommendations.
How effectively does the Business 20 (B20) process channel recommendations on anti-corruption from the business community up to the Group of Twenty (G20) leaders? Are there ways to increase the uptake of B20 recommendations by the G20 Anti-Corruption Working Group (ACWG) and in the final Communiqué at the G20 Summit?
At a high-level B20 panel on “Enhancing Integrity for Responsible and Inclusive Growth” on 24 August, Gemma Aiolfi, the Basel Institute’s Head of Compliance, Corporate Governance and Collective Action, discussed how small and medium-sized enterprises (SMEs) have been forced to focus on survival in recent months.
The B20 – or Business 20 – is an engagement group that brings the voice of the business community to the G20 process. The G20/B20 presidency rotates on an annual basis with Saudi Arabia succeeding Japan in this role in December.