Business and Labor Organizations Call for Renewed Multilateralism From G20 Countries
Ahead of the G20 Summit, Business for Nature, alongside 12 other business and labor organizations, call on the G20 governments to strengthen cooperation to ensure an inclusive and resilient recovery from a convergence of global crises.
Business for Nature, alongside leaders from 12 other international business organizations have come together to send a strong message to G20 countries: step up global collaboration to tackle global crises. Together, we have written a letter to G20 governments calling for collaboration and co-operation across economic exclusion, social inequality and environmental degradation, to deliver an inclusive and resilient recovery.
Eva Zabey, Business for Nature’s Executive Director, signed the statement alongside leaders from the World Economic Forum, International Trade Union Confederation (ITUC), UN Global Compact, International Chamber of Commerce, The B Team, World Business Council for Sustainable Development, IMAGINE, BSR, The Climate Group, The International Organization of Employers, the We Mean Business Coalition and the Capitals Coalition.
The organizations represent a total market cap of over $25 trillion, around a quarter of the entire global economy, while the ITUC represents over 200 million workers in 163 countries. We have come together around this imperative to ask G20 governments to:
Reverse nature loss.
Lead the world on climate action.
Spend, but spend smartly.
Tackle inequality through social protection.
Mitigate risks to the global economy by bridging the “stimulus gap” in emerging markets.
Our call comes ahead of this month’s G20 Finance Ministers’ Meeting and Heads of State Summit. The outcomes of both of these convenings will be critical to determine how to deliver an economic recovery that works for all people and the planet. Read the full letter.