G20 Development Working Group Submissions slide image

G20 Development Working Group Submissions

. World Bank, the G20 Women and Finance Seminar focused on the financial inclusion of women, including gaps in financial literacy and barriers to access to financial services for female entrepreneurs. In June 2013, the G20 Conference on Financial Literacy and Financial Consumer Protection saw presentations and discussions on hands-on tools for supporting the design and implementation of national financial inclusion strategies, including baseline measurement and tools for evaluating financial training programs. On HRD, the DWG achieved further progress implementing MYAP commitments by focusing on: generating effective skills development policies to foster skills anticipation activities, and developing a skills indicator framework and database; encouraging innovative approaches and resources for better quality of training; and stimulating knowledge-sharing activities through the Public- Private Global Knowledge-Sharing Platform and face-to-face knowledge-sharing workshops. Russia also hosted a workshop on HRD, involving eight representatives from four HRD pilot countries to: seek their feedback on DWG efforts and identify their priorities; discuss a report on the database of skills indicators for employment and productivity in LICs and options for a future database; and explore potential steps to extend HRD activities to low and mid-income countries. 1.5 Strengthening G20 Accountability for Development Commitments At the 2012 Los Cabos Summit, G20 leaders requested the DWG to put in place an assessment and accountability process for G20 development actions before the 2013 St Petersburg Summit. This process is an important step towards enhancing transparency, identifying best practices and lessons learned, drawing conclusions and determining next steps. In October 2012, the DWG agreed to complete its first Accountability Report on Development for the 2013 St. Petersburg Summit. The objectives of the Report are to: Demonstrate the G20's commitment to transparency and accountability through better communication of its actions. Clarify what development actions and policies the G20 has made commitments to and track their progress. Wherever possible, identify most effective actions and policies for meeting the objectives of the G20 development agenda and make sure that it addresses the needs of developing countries, particularly LICs. Contribute to future G20 development activities. DWG members agreed that the first Accountability Report should assess the implementation of a specific scope of development commitments: all MYAP actions and commitments made by G20 leaders in their declarations, which emerged from DWG work on the nine MYAP pillars and IGG. The DWG also agreed that the Report should highlight the 2013 G20 development priorities of infrastructure, food security, financial inclusion and HRD. 13
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