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G20 is a group of 20 major economies which represent 90% of the world’s overall GDP, 80% of world trade and 2/3 of the world’s population. As a result of a G20 Summit, the heads of state produce a leaders declaration, where they agree to a number of macro economical reforms and regulations.
Since Green Growth, Sustainability and Energy Efficiency were significant agenda topics through past G20 presidencies, the first part of this lecture will evaluate the success of the governance process and identify key obstacles for implementation. The second part will deal with governance innovation and dialogue facilitation between governments, businesses, academia and civil society. Inclusions will be underlined as an important measure for improvement of quality and acceptance of the governmental decision making process.
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