The first W20 Summit was held in Istanbul on 16-17 October 2015, calling on the G20 leaders to do more on gender equality and women’s economic empowerment. You can access the W20 Summit Communiqué via this link and read here the W20 Comments on the G20 Leaders’ Communiqué – Antalya Declaration.
G20 Leaders’ Communiqué
The G20 Leaders recognizes that advancing inclusive growth and entrenching confidence require the use of all policy tools and strong engagement with all stakeholders.
To recognize advancing inclusive growth as the first article and to advance inclusive growth supports equal opportunity policies to be developed and adhered to in the article 5 of the W20 Communique. To use all policy tools and strong engagement with all stakeholders will undoubtedly bring along inclusion of more women and quality jobs as well as economic growth.
Leaders of the G20 recognizes promoting inclusiveness in our actions so that the benefits of growth are shared by all.
The W20 welcomes to share the benefits of growth and recognizes that inclusiveness is a way forward for global growth.
The G20’s top priority is timely and effective implementation of our growth strategies that include measures to support demand an structural reforms to lift actual and potential growth, create jobs, promote inclusiveness and reduce inequalities.
The W20 looks forward to G20 Leaders’ top priority to create jobs and looks forward for structural reforms for more social care institutions as defined in the article 2 of the W20 Communique as a potential growth strategy and an opportunity to reduce inequalities.
Leaders of the G20 are committed to ensure that growth is inclusive, job-rich and benefits all segments of our societies.
The G20 Leaders’ endorse the Declaration of our Labour markets more inclusive as outlined by the G20 Policy Priorities on Labor Income share and Inequalities. We ask our Finance, and Labour and Employment Ministers to review our growth strategies and employment plans to strengthen our action against inequality and in support of inclusive growth.
The W20 welcomes to G20 Leaders’ endorsement to strengthen action against inequality and to support inclusive growth as set forth in the articles 1 and 5 of the W20 Communique as a growth strategy and strengthening policies to reduce inequalities.
Unemployment, underemployment and informal jobs are significant sources of inequality in many countries and can undermine the future growth prospects of our economies. We are focused on promoting more and better quality jobs in line with our G20 Framework on Promoting Quality Jobs and on improving and investing in skills through our G20 Skills Strategy. We are determined to support the better integration of our young people into the labour market including through the promotion of entrepreneurship. Building on our previous commitments and taking into account our national circumstances, we agree to the G20 goal of reducing the share of young people who are at most risk of being permanently left behind in the labour market by 15% by 2025 in G20 countries. We ask the OECD and the ILO to assist us in monitoring progress in achieving this goal. We will continue monitoring the implementation of our Employment Plans as well as our goals to reduce gender participation gap and to foster safer and healthier workplaces also within the sustainable global supply chains.
The W20 is honored and welcomes to G20 Leaders endorsement to improve skills, promotion of entrepreneurship and continue monitoring to reduce gender gap and to foster safer and healthier workplaces as pointed out in the articles 1, 4, 9 and 10 of the W20 Communique. Further, we in the W20, wholeheartedly welcome the target of 15% share of young people by 2015 in G20 countries.
We will address current opportunities and challenges brought into the labour markets through such issues as international labour mobility and the aging populations.
We expect that investment strategies that include investment in care institutions, especially elderly care institutions, in our societies will enhance quality jobs, job creation and employment as well as women employment in the article 2 in the W20 Communique.
To provide strong impetus to boost investment, particularly through private sector participation, we have developed ambitious country specific investment strategies, which will bring together concrete policies and actions to improve the investment ecosystem, foster efficient and quality infrastructure, including by the public sector, support small and medium sized enterprises (SMEs) and enhance knowledge sharing.
We expect that the efficient and quality infrastructure will include investments in social care institutions as well as investments in the ecosystem for SMEs as suggested in the articles 2 and 7 of the W20 Communique.
To improve our investment preparation, prioritization and execution processes, we have developed guidelines and best practices for public-private-partnership (PPP) models. We also considered alternative financing structures, including asset-based financing and simple and transparent securitization to facilitate better intermediation for SMEs and infrastructure investments.
For investment preparation, prioritization and execution processes, W20 expects simple and transparent securitization to facilitate better intermediation for women owned SMEs as mentioned in the article 4 in the W20 Communique as well as inclusivity in PPP models. Further, corporate governance principles put forward in the G20/OECD Principles of Corporate Governance is expected to serve the framework for equal opportunities modelling mentioned of the article 5 of the W20 Communique.
The G20 Leaders state that global trade and investment continue to be important engines of economic growth and development and contributing to welfare and inclusive growth. Inclusive Global Value Chains (GVCs) are important drivers of world trade. We support policies that allow firms of all sizes, particularly SME’s, in countries at all levels of economic development to participate in and take full advantage of GVs and encourage greater participation and value addition by developing countries.
Global trade and investment are areas that W20 supports work to ensure access to markets for the underserved and coincides with the article 4 in the W20 Communique and indicates that better inclusive Global Value Chains and existence of more women involved in the international trade will add value to the economies and foster growth.
The G20 Leaders emphasize the important role of trade in global development efforts and will continue to supports mechanisms such as aid for trade in developing countries in need of capacity building assistance.
Role of trade in global development is an area W20 supports to ensure access to markets for women but also for support for women owned SMEs discussed and demanded under the articles 4 and 7 of the W20 Communique.
The G20 supports “key areas of sustainable development such as energy access, food security and nutrition, human resource development, quality infrastructure, financial inclusion and domestic resource mobilization. G20 is committed to improve global food security and nutrition and ensure the way we produce, consume and sell food is economically, socially and environmentally sustainable. We remain focused on promoting responsible investment in agriculture and food systems, improving market transparency, increasing incomes and quality jobs and fostering sustainable productivity growth. We will pay particular attention to the needs of smallholder and family farmers, rural women and youth. We commit to reducing food loss and waste globally.”
The support for key areas of sustainable development such as energy access, food security and nutrition, human resource development, quality infrastructure, financial inclusion and domestic resource mobilization will not only enhance employment but will also mean more employment for women. G20’s commitment to improve global food security, nutrition and reducing food loss and waste ensures a key value, most women carry: Sustainability. Further, rural women are key for players for small holder and family farming. This is an area for new and quality jobs for women as well as bring out green growth and these concepts coincide with the articles 2, 4, 8 and 9 of the W20 Communique.
The G20 supports “the private sector has a strong role to play in development and poverty eradication. Through our G20 Call on Inclusive Business we stress the need of all stakeholders to work together in order to promote opportunities for low income people and communities to participate in markets as buyers, suppliers and consumers. We are promoting financial inclusion by helping to open up access to payments, savings, credit and other services. We welcome the continued work on financial inclusion within the Global Partnership for Financial Inclusion (GPFI).
Private sector’s role in development and poverty eradication is an area W20 supports to ensure access to financial and productive assets as well as to markets for women and coincides with the article 4 in the W20 Communique.
The G20 Leaders’ points out that “the scale of the ongoing refugee crisis is a global concern with major humanitarian, political, social and economic consequences. There is a need for a coordinated and comprehensive response to tackle this crisis, as well as its long term consequences. We underline the need to address the root causes of displacement. We encourage the private sector and individuals to also join in the international efforts to respond to the refugee crisis.
The scale of the ongoing refugee crisis is an area W20 has been brought up in the joint B20 – W20 Session on Refugees to ensure attention to the issue and put forward the vulnerability of the people involved and the need for the governments and private sector to be a part of the solution not only to manage migration but also create political solution to conflicts.
From the Conclusion and Acknowledgements:
The G20 Leaders’ remains resolute to continue our collective action to lift actual and potential growth of our economies, support job creation, strengthen resilience, promote development and enhance inclusiveness of our policies.
We believe that enhancing inclusiveness will benefit women’s, as well as overall, employment.
We salute the welcome of the G20 Leaders’ Communiqué the establishment of the Women 20 and commit for active contributions for going forward.