Annex

Agreed documents

The following documents agreed by the G20 support our Communique:

Ministerial statements

Working Group Documents

Employment Working Group

Framework Working Group

Infrastructure and Investment Working Group

International Financial Architecture Working Group

Global Partnership for Financial Inclusion (GPFI)

Supporting documents

We welcome the delivery of the following documents:

Reports & Recommendations Received from Engagement Groups

Acknowledgment and the way forward

We thank international organizations, including the UN, IMF, World Bank Group, WTO, ILO, OECD, FSB, FATF and BIS, for their valuable inputs and support to the G20 process. We welcome policy recommendations by the G20 engagement groups, namely Business 20, Labor 20, Women 20, Youth 20, Think 20, and Civil Society 20, and appreciate their important contributions this year.

We ask the OECD and World Bank to build a new online G20 Community of Practice within the existing Innovation Policy Platform, and ask the OECD to develop the 2016 G20 Innovation Report, to exchange knowledge and experiences.

We request the OECD, together with UNCTAD and UNIDO, to release a G20 New Industrial Revolution (NIR) Report, which provides an overview of opportunities and challenges brought about by NIR.

We welcome and encourage efforts made by the United Nations, UNCTAD, UNIDO, ILO, IMF, ITU, OECD,World Bank Group and other international organizations to develop better metrics for important policy issues like trust in the digital economy, e-commerce, cross-border data flows and the Internet of Things, as practical, relevant and appropriate.

We look forward to international organizations including the OECD and interested members, intensifying efforts to measure the digital economy in macroeconomic statistics through conducting a voluntary "good practices" survey of national statistical organizations, and organizing and hosting a workshop for statisticians and digital companies on source data to measure the digital economy.

We ask the Framework Working Group to conduct assessment of G20 structural reform progress in line with the Enhanced Structural Reform Agenda, and ask the OECD to help assess G20 progress and challenges within the structural reform priority areas by producing a technical report, with input from other international organizations, using the common set of indicators.

We invite the OECD and the IMF to continue the work on the composition of budget expenditures and revenues to support productivity, inclusiveness and growth.

In the context of sluggish trade and investment growth, we recognize the need to understand and better explain how trade and investment can contribute more to stimulate inclusive growth and jobs, and the links between structural measures, trade, investment and GDP. We ask the WTO, OECD, World Bank Group and other international organizations to advance their analytical work and debates on these matters, to contribute to improve people’s perceptions on the benefits of trade and investment on well-being. In this context, we also welcome further joint work by the WTO, UNCTAD, OECD, ITC, World Bank Group and IMF, in collaboration with other relevant international organizations, within their existing mandates and resources, to identify ways and means to promote inclusive, robust and sustainable trade and investment growth, including but not limited to the work of measuring trade costs, reporting on restrictive measures, improving economic trade modeling, communicating the benefits of trade and investment, investment promotion and facilitation, enhancing coherence and complementarity between trade and investment regimes, and promoting inclusive and coordinated global value chains.

We ask the finance ministers and central bank governors to report back on their further work on the international financial architecture by our next meeting.

We call on the FATF to reflect by March 2017 on ways to progress in strengthening its traction capacity and enhanced effectiveness of the network of FATF and FATF-style regional bodies.

We look forward to a report from the FSB on authorities' work to address misconduct in the financial sector.

We look forward to the BCBS comprehensive quantitative impact study that will inform the final design and calibration of the Basel III framework.

We look forward to considering the phase II report and recommendations of the FSB’s industry-led Taskforce on Climate-related Financial Disclosures in early 2017, which will present its recommendations for better climate related disclosures.

We welcome the IMF-FSB First Progress Report on the second phase of the Data Gaps Initiative and support the Report’s action plans.

We welcome the reports on the voluntary peer reviews of inefficient fossil fuel subsidies that have examined the policies of China and the United States, prepared by expert teams chaired by the OECD.

We ask the MDBs to move forward the directions and commitments outlined in the Joint Declaration of Aspirations on Actions to Support Infrastructure Investment. We ask the MDBs to further implement the G20 MDB Balance Sheet Optimization Action Plan.

We ask the World Bank to serve as the secretariat of the Global Infrastructure Connectivity Alliance, working closely with the Global Infrastructure Hub, OECD, other MDBs, and interested G20 Members to support its activities.

We thank the UNDP and the OECD for their support in the design of the G20 Action Plan on the 2030 Agenda for Sustainable Development and of the G20 Development Working Group (DWG) Comprehensive Accountability Report. We ask them to continue supporting the DWG for the monitoring of the implementation of the Action Plan and of the relevant accountability process.

We thank UNIDO and other international organizations for their support in the design of the G20 Initiative on Supporting Industrialization in Africa and LDCs. We look forward to address voluntary policy options to promote sustainable growth in Africa and the LDCs, including voluntary policy options to promote industrialization.

We acknowledge the establishment of the new Platform for Collaboration on Taxation by the IMF, OECD, UN, and World Bank Group, and their recommendations on mechanisms for effective technical assistance in support of tax reforms. We look forward to receiving a progress update by mid-2017.

We invite the ILO, OECD, World Bank Group and IMF to provide technical support in the implementation of the G20 Entrepreneurship Action Plan, to participate in the work of the Entrepreneurship Research Centre on G20 Economies and facilitate exchange of good practices and lessons learnt amongst G20 members. The ILO, OECD and other international organizations, social partners and experts are welcome to participate in the activities of the Centre and share their entrepreneurship experiences and research findings.

We invite the OECD and other international organizations to continue the development of the G20 initiated analytical framework for improving agricultural productivity including that of small-scale producers in an innovative and sustainable manner.

 

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