Committee: Group of 20 (G20)
A semi-formal meeting of the 20 largest economies of the world to discuss multilateral policy strategy.
Topic A: Increasing growth and competitiveness through digitalisation
Aim: Setting guidelines and creating initiatives to establish the more efficient use of digital technologies as a key driver for a more competitive economy, growth and jobs.
Abstract: In light of the current threat of low growth in the global economy, with declining productivity accompanied by growing inequality, the G20 should exploit the potentials of digitisation.
The digital economy is developing rapidly worldwide. It is the single most important driver of innovation, competitiveness and growth, and it holds huge potential for entrepreneurs, Unfortunately, only a small portion of world enterprises are currently taking full advantage of new digital opportunities. How businesses adopt digital technologies will be a key determinant of their future growth.
New digital trends such as cloud computing, mobile web services, smart grids, and social media, are radically changing the business landscape, reshaping the nature of work, the boundaries of enterprises and the responsibilities of business leaders.
The G20 will focus on mainstreaming industrial competitiveness in other policy areas to sustain the competitiveness of the economy and implementing the instruments of regional development in support of innovation, skills, and entrepreneurship.
The G20 needs to develop an agenda, at the global level, to seek new sources of growth and employment.
Topic B: Food Security & Agricultural Sustainability
Aim: Reach agreement on a strategy to improve food security sustainability consistent with The 2030 Agenda for Sustainable Development
Abstract: Factors such as global population growth, climate change, fluctuation in precipitation, extreme weather events like droughts and flooding, and increased water consumption in industry and other sectors pose fundamental challenges to agriculture. The aim is to be able to feed the world’s growing population through sustainable and more productive agriculture.
A doubling in global food demand projected for the next 50 years poses huge challenges for the sustainability both of food production and of terrestrial and aquatic ecosystems and the services they provide to society. New incentives and policies for ensuring the sustainability of agriculture and ecosystem services will be crucial if we are to meet the demands of improving yields without compromising environmental integrity or public health.
The G20 will focus on ending hunger, achieving food security and promoting sustainable agriculture with policies in areas such as fair trade, the reduction of food waste and other policies, without increasing water consumption to unsustainable levels. Food security for present and future generations, dynamic rural economic areas, and social and political stability depend on giving opportunities to a growing young population, particularly in Africa.
President: Alexander Henzl
Vice-President: Aidan Monteith