G20 2014: the G20 Brisbane Summit, inequality, energy and anti-corruption

8 Aug 2014

The 12th edition of the G20 monitor contains an overview from John Lipsky on the G20’s role in global governance after the global financial crisis; a paper by Geoff Weir on the G20, Thomas Piketty, and inequality; thoughts from Hugh Jorgensen and Christian Downie on multilateral energy governance; and a piece by Charles Sampford on integrity and anti-corruption.

Key findings

  • Lipsky suggests the Brisbane Summit is a critical moment for the G20, if it does not restore a sense of political momentum to the process, the G20’s relevance will wane
  • Ever-growing inequality is inconsistent with the maintenance of an inclusive, democratic system of governance. The G20 should consider a combination of taxation, education and health reforms to reduce inequality.
  • The world needs better multilateral energy governance. Whether the conditions exist for the G20 to remedy this problem is unclear, but members should pursue energy governance mechanisms that promote trust.
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