Important past decisions by the G20

2009

In 2009, the leaders of the G20 countries reached an agreement to help struggling economies to tackle the global financial crisis, with measures worth $1.1 trillion. The pledge included $500 billion for the IMF to lend to struggling economies, $250 billion to boost global trade, $250 billion for a new IMF “overdraft facility” and $100 billion for international development banks to lend to the world's poorest countries.

2017

Despite the withdrawal of the U.S. from the Paris Agreement, in 2017 the G20 leaders reiterated the importance of fulfilling the UN Framework Convention on Climate Change commitments by developed countries to assist developing countries in mitigation and adaptation actions in line with the accord.

2019

At the 2019 G20 in Osaka, Japan, G20 leaders collectively supported bilateral and plurilateral trade liberalization practices consistent with the World Trade Organization. The agreement by China and the U.S. to end their trade war and resume negotiations presented a milestone towards achieving bilateral and plurilateral trade in the world.