COMMENT

Shinta W. Kamdani Chair of B20 Indonesia

upon. I am extremely proud to share the three key breakthroughs we made in our policy recommendations:

B20 Indonesia is prioritizing innovation to unlock post-crisis growth

This includes opening up digital opportunities across the economy, expanding cooperation for better cybercrime response, and increasing funds for green infrastructure through a blended finance mechanism.

B20 Indonesia is empowering MSMEs and vulnerable groups

This is done through building MSMEs’ decarbonization and green financing capabilities; enabling entrepreneurship, business growth, and job creation for MSMEs; and empowering women-led MSMEs and workers in the informal economy, including in rural communities.

B20 Indonesia is supporting increased collaboration between developed and developing countries

This will help mitigate future global crises by creating robust guidelines on health emergency preparedness.

Beyond these, B20 Indonesia has initiated four B20 Indonesia Legacy Programs, which are inspired and derived from Task Force’s and Action Council’s policy recommendations with aim to deliver tangible and pragmatic outcomes to ensure lasting impact beyond the B20 Indonesia’s presidency:

• Carbon Centre of Excellence: platform to empower businesses to unleash carbon trading growth potential through carbon knowledge repository and practicesharing center.

• B20 Wiki: platform to scale up nextgeneration mid-sized companies to take part of the global supply chain.

• One Global Women Empowerment: platform to aggregate existing capacities and networks to accelerate and scale impactful women empowerment efforts globally.

• Global One Shot Campaign: global campaign aims to harness the potential of next-generation vaccines and injectables to help make preventable disease history.

With these breakthroughs, B20 Indonesia would like to invite the B20 communities as well as G20 leaders to support, sustain, and further develop these policy recommendations and B20 Indonesia Legacy Programs beyond B20 Indonesia’s presidency. We hope that B20 Indonesia communique will serve as a call to action to G20 leaders to urgently develop policies centralizing in these areas to advance sustainable and robust global economic growth. Let’s continue and keep this momentum to push forward global recovery, resilience, and growth by strengthening the partnership among business communities and government across G20 countries to recover stronger together.