"Realising Opportunities of the 21st Century for All" is the theme for the __________.

The correct answer is G20 Summit.

Key Points

• The theme "Realising Opportunities of the 21st Century for All" was introduced during the 2020 G20 Summit, hosted by Saudi Arabia.
• The G20 (Group of Twenty) is an intergovernmental forum comprising 19 countries and the European Union, representing the world's major economies.
• The 2020 G20 Summit focused on achieving global cooperation to address challenges such as the COVID-19 pandemic, economic recovery, and sustainable development.
• Key priorities under the theme included empowering people, safeguarding the planet, and shaping new frontiers with a focus on inclusive economic growth and technological innovation.
• The G20 Summit plays a critical role in shaping international economic policies and fostering multilateral cooperation on global issues.

Additional Information

• About the G20:
  • The G20 was established in 1999 as a forum for Finance Ministers and Central Bank Governors, later elevated to include Heads of State in 2008.
  • Member countries include major economies such as the US, China, India, Germany, and Japan, collectively representing 85% of global GDP and two-thirds of the world population.
  • The presidency of the G20 rotates annually among its members, with each host country setting the agenda and priorities for the year.
• Key Outcomes of the 2020 G20 Summit:
  • Commitment to equitable access to COVID-19 vaccines, therapeutics, and diagnostics.
  • Agreement on the Debt Service Suspension Initiative (DSSI) to assist low-income countries in managing debt pressures during the pandemic.
  • Focus on promoting digital economy growth and ensuring cybersecurity.
• Key Terminologies:
  • Multilateralism: Cooperative efforts among multiple countries to address global challenges.
  • Sustainable Development: Economic growth that meets present needs without compromising future generations' ability to meet their own.
• Future G20 Summits:
  • India hosted the G20 Summit in 2023 with the theme "Vasudhaiva Kutumbakam" (One Earth, One Family, One Future).
  • Brazil is set to host the next G20 Summit in 2024.