B20-G20 Engagement: Achievements and Challenges

Dialogue between the Group of 20 (G20) and the Business 20 (B20) should be instrumental in enhancing G20 efficiency both by responding to business interests and concerns and by engaging the private sector in generating growth and jobs. The B20 was first initiated by the Canadian Council of Chief Executives on the eve of the Toronto Summit in June 2010. By the beginning of 2014, five B20 meetings, including the one in Toronto, had been organized, each putting forward recommendations for G20 leaders: in Seoul in November 2010, in Cannes in November 2011, in Los Cabos in June 2012, and in St Petersburg in 2013.The investment made into the dialogue by both business and governments warrants an independent unbiased and rigorous analysis of what has been achieved and what lessons should be learned. This chapter reviews the progress in G20–B20 engagement in order to identify achievement and challenges.