Second G-20 framework working group of finance track to begin in Chennai today

Chennai: The Second G-20  framework working group of the finance track will begin in Chennai today. The meeting will be chaired by  India's Chief Economic Advisor V. Anantha Nageswaran and co-chaired by Chief Economic Advisor of the UK treasury, Clare Lombardelli. The two-day meeting will discuss global macro economic issues which impact food and energy insecurity, climate change, and transition pathways. 

Deliberations will take place on framing policies at an international level to achieve strong, sustainable, balanced, and inclusive growth. The outcome of the discussions will be recommended to the  G 20 finance ministers and Central Bank Governors who will be meeting in Washington DC on April 12 and 13 this



year. Over 80 delegates from G 20 member countries and various international and regional organisations will participate in the meeting.

Yesterday, the Reserve Bank of India Chennai, in coordination with Madras Institute of Development Studies, organized a panel discussion on the topic “Indian Economy and Climate Change: Challenges and Way Ahead” as a 'Jan Bhagidari'  event in the context of India's G20 Presidency.  The panel emphasized the need for aligning India’s climate change objectives with its overall developmental agenda. The panel also underscored the need for concerted efforts from both developed and developing economies to solve issues related to climate change.