Assam set to host 1st SFWG meeting under India’s G20 Presidency from Thursday in Guwahati

Guwahati: Assam is all set to host the 1st Sustainable Financial Working Group (SFWG) meeting under India’s G20 Presidency from Thursday in Guwahati with the theme ‘One Earth, One Family, One Future’ and with the motto “Vasudhaiva Kutumbakam”.  

The 1st Sustainable Financial Working Group (SFWG) meeting will be held in Guwahati on February 2 and 3 and will be attended by 94 delegates from the member countries of G20, guest countries and different international organizations. 

The Youth 20 Inception meeting will also be held in Guwahati on February 7-8 and will be attended by 250 delegates. Moreover, 400 students of various academic institutions of Assam will also participate in the Youth 20 Inception meeting. This is the first of the various meetings to be held on the five Y20 themes across India in a run-up to the final Y20 summit in August 2023. 

The Youth 20 meeting will focus on these themes- Peace Building and Reconciliation, Future of Work Industry, Climate Change and Disaster Risk Reduction, Youth in



Democracy and Governance, Health well-being and Sports.

 

Assam Government has completed its preparation to welcome foreign delegates to the State including arrangement of excursions for delegates to places of importance like Kaziranga National Park, Pobitora Wildlife Sanctuary, Gorbhanga Reserve Forest, Brahmaputra’s River Island and Brahmaputra Heritage Centre to promote the rich bio-diversity and socio-cultural heritage in international arena. 

The Sustainable Finance Working Working Group is one of the important workstreams under the G20. It aims to mobilise sustainable finance as way of ensuring global growth and stability and promoting the transitions towards greener, more resilient, and inclusive societies and economies. 

The group is tasked to identify institutional and market barriers to sustainable finance and to develop options to overcome such barriers and contribute to a better alignment of the international financial system to the objectives of the 2030 Agenda and Paris Agreement.