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African Ministers of Finance of Democratic Republic of Congo, Ghana, Ivory Coast and Nigeria call for action at Venice G20 meeting

The G20 Finance Ministers meeting in Venice is a vital opportunity to build on the work of the G7 but also urgently address some of the shortfalls in what was agreed in Cornwall a month ago. As with the G7, the G20 must focus on “vaccinating the world” - to counter a potentially endless flow of new variants destroying lives and livelihoods over the next few years, and “greening the world” - to deliver a new generation of good clean jobs which can counter two trends at the same time climate change and youth unemployment. We welcome the G20 themes of People, Planet Prosperity – and looking ahead to the G20 summit, we call on PM Mario Draghi, Finance Minister Daniele Franco and the other G20 leaders and finance ministers to: firstly, make the IMF’s promised new issue of Special Drawing Rights available as soon as possible and define a clear path forward for their maximal re-allocation and on-lending. Secondly develop a wider green clean recoveries investment partnership pac

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