CURRENT AFFAIRS

Detailed explanation-1: -The G20 Urban 20 Summit 2021 will take place ahead of the G20 Leaders Summit 2021, which is to be hosted by Italy in October 2021. Urban 20 (U20) is one of the G20 Engagement Groups. The 2021 G20, under the Italian Presidency, will focus on three broad, interconnected pillars of action: People, Planet, Prosperity.

Detailed explanation-2: -India’s G -20 Presidency India holds the Presidency of the G20 from December 1, 2022 to November 30, 2023. The 43 Heads of Delegations- the largest ever in G20-will be participating in the final New Delhi Summit in September next year.

Detailed explanation-3: -The 2021 G20 Rome summit was the sixteenth meeting of Group of Twenty (G20), which was held in Rome, the capital city of Italy, on 30–31 October 2021.

Detailed explanation-4: -The G20 was upgraded to the level of Heads of State/Government in the wake of the global economic and financial crisis of 2007, and, in 2009, was designated the “premier forum for international economic cooperation”. The G20 Summit is held annually, under the leadership of a rotating Presidency.