Every year, the presidency of G20 switches among the members. This year’s G20 Presidency is Indonesia’s Presidency. Bank Indonesia is going to hold the summit on an island in Indonesia, called Bali.
The Bali Summit will begin on the 15th-16th of November. This year, there are a few main priority issues that are going to be discussed. Those main priority issues namely; Global health architecture, digital transformation, and sustainable energy transition.
The presidency of Indonesia that will be held this year mainly focuses on the three named problems.
GLOBAL HEALTH ARCHITECTURE
Health is a valuable possession one can ever have. In efforts to make the global health system more accessible, the forum will be figuring out a way when it comes to the limited public health systems, in this year’s presidency. Being one of the world’s number one problem, discussing this with open hands, and urgently finding the solution to this problem through the G20 forum will be an enormous help.
DIGITAL TRANSFORMATION
As the world goes through globalization, about everything is quickly digitalizing. The cooperation of a promising forum will be the landscape that the rapid digitalization of the global economy needs. Digital transformation of the world to be able to restore the order in the global economy, post COVID-19 pandemic makes the topic “Digital Transformation” a key. This is brilliant, owing to the fact that keeping up with time is definitely a must if we want to overcome this problem.
SUSTAINABLE ENERGY TRANSITION
Transitioning energy into a cleaner version is an urgent matter. As global warming causes the climate to be incredibly disturbing, it has an impact when it comes to global development. Using the old form of energy instead of transitioning into a cleaner and more sustainable energy continuously may cause the earth to deteriorate even further. Investing in sustainable energy can allow the transition to happen, though it may require a large amount.
Through G20, the 20 members share a responsibility to ensure that the use of sustainable energy runs ideally. As the time keeps flowing, it’s about time that we start to do so, because if it’s not us humans who’ll start it, who else will?
