Leaders of the world’s richest and strongest nations will attend a two-day G20 Summit in India’s capital New Delhi – the primary time the South Asian nation is internet hosting such a robust group of world leaders.

The capital has been adorned with decorative flowers and fountains at visitors roundabouts whereas public buildings and pavements have been given a contemporary coat of paint.

Here’s what to know in regards to the bloc, the nations attending this week’s summit, and the problems prone to dominate it:

What’s G20 and the way was it created?

The world’s 20 main nations shaped an financial group in 1999 after the Asian monetary disaster with the understanding that such crises might not be contained inside a nation’s borders and required higher worldwide financial cooperation.

The bloc presently accounts for 80 % of the worldwide gross home product (GDP), 75 % of worldwide commerce and about two-thirds of the world inhabitants.

Though solely treasury chiefs met within the preliminary years, heads of all member nations determined to fulfill annually for a leaders’ summit after the 2008 world monetary disaster.

There isn’t any G20 headquarters and the presidency is rotated amongst its members. The 2022 summit happened in Indonesia and India will hand over the presidency to Brazil on December 1.

Who varieties the G20?

The G20 consists of the world’s 19 wealthiest nations plus the European Union as a bloc.

These nations are Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, South Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the UK and the US.

Has another nation been invited this yr?

Based on the official website, the opposite nations which have been invited for the summit this yr are Bangladesh, Egypt, Mauritius, Netherlands, Nigeria, Oman, Singapore, Spain and the United Arab Emirates.

Organisations such because the United Nations (UN), the Worldwide Financial Fund (IMF), the World Well being Group (WHO), the World Commerce Group (WTO), the Worldwide Labor Group (ILO) and the Organisation for Financial Cooperation and Growth (OECD) have additionally been invited.

India has additionally invited the Worldwide Photo voltaic Alliance (ISA), the Coalition for Catastrophe Resilient Infrastructure (CDRI) and the Asian Growth Financial institution (ADB) to the two-day summit.

When and the place is the G20 summit going down this yr?

This yr, the G20 summit will likely be held in New Delhi on September 9 and 10 on the newly constructed Bharat Mandapam, a sprawling exhibition centre within the coronary heart of the town, close to the historic India Gate monument.

What is that this yr’s theme?

India’s G20 theme is derived from the Sanskrit phrase, “Vasudhaiva Kutumbakam” (or the world is a household). Based on the organisers, the theme is drawn from an historic Sanskrit textual content.

The phrase highlights the “worth of all life human, animal, plant, and microorganisms – and their interconnectedness on the planet Earth and within the wider universe”.

The theme in English says: “One Earth, One Household, One Future”. The occasion can even concentrate on LiFE (Mission Life-style for Surroundings), “with its related, environmentally sustainable and accountable selections”, say the organisers.

Who’s attending – and who isn’t?

The world leaders who’ve confirmed attendance are US President Joe Biden and Canadian Prime Minister Justin Trudeau, whereas Russian President Vladimir Putin and his Chinese language counterpart and ally Xi Jinping have determined to skip it.

This would be the first time a Chinese language president will miss the G20 summit because the first version was held in 2008. In 2020 and 2021 throughout the COVID pandemic, Xi had attended just about.

British Prime Minister Rishi Sunak can also be anticipated to attend the New Delhi summit in what will likely be his first official journey to India because the premier.

Japanese Prime Minister Fumio Kishida is prone to lead criticism of Russia for the Ukraine struggle because the former nation presently heads the G7.

Australian Prime Minister Anthony Albanese’s journey to India will likely be a part of his three-nation tour which additionally consists of Indonesia and the Philippines.

French President Emmanuel Macron is prone to attend and in addition maintain bilateral talks with Modi, in keeping with Indian Media Stories.

Saudi Arabia’s Crown Prince Mohammed Bin Salman and Bangladesh Prime Minister Sheikh Hasina are additionally prone to attend.

South Korean President Yoon Suk-yeol informed the Related Press he’ll urge the worldwide neighborhood to firmly reply to North Korea’s “ever-escalating missile provocations and nuclear threats and to work intently collectively on its denuclearisation” on the summit.

German Chancellor Olaf Scholz has stated the G20 summit is essential regardless of the absence of Russia and China. Turkey’s Recep Tayyip Erdogan can also be scheduled to go to India and focus his discussions on local weather change.

South African President Cyril Ramaphosa, Argentina’s President Alberto Fernandez and Nigerian chief Bola Tinubu are additionally anticipated to attend, whereas Mexico’s President Andres Manuel Lopez Obrador might not attend, in keeping with Indian media stories.

What are the important thing points this yr?

Below India’s year-long presidency, the bloc centred discussions on extra loans to creating nations from multilateral establishments, reforming worldwide debt structure, laws on cryptocurrency and the consequences of geopolitical uncertainties on meals and vitality safety.

To this point this yr, the bloc has did not challenge any joint statements as it’s deeply divided over language referring to the struggle in Ukraine.

Whereas Russia and China are towards blaming Moscow for the struggle, Western nations, together with the US, France and Canada, have sought a robust condemnation as a mandatory situation for a joint assertion.

How is India making ready for the summit?

New Delhi’s crowded streets have been resurfaced. Streetlights are illuminating once-dark pavements. Metropolis buildings and partitions are painted with vivid murals. Planted flowers are in all places.

In accordance to reports, tons of of homes and roadside stalls have been demolished since January, displacing 1000’s of individuals. Dozens of shantytowns have been razed to the bottom, with many residents getting eviction notices solely a short time earlier than the demolitions bought beneath method.

Authorities say the demolitions have been carried out towards “unlawful encroachers,” however proper activists and people evicted query the coverage and say that it has pushed 1000’s extra into homelessness.

Based on native stories, Indian Railways has determined to cancel and divert a minimum of 200 passenger practice companies quickly from September 8 to 11. The New Delhi airport has acquired requests to cancel 80 departing and as many arriving home flights throughout the summit, Indian media stories stated.