Sustainability and sustainable development are shared global agendas, and have been the focus of discussions at international, regional, multilateral and sectoral forums, and of initiatives involving producer and buyer countries. Indonesia is involved in various global forums and initiatives, including the G20. The G20 is a multilateral cooperation forum that represents the world’s major developed and emerging economies. Its member states account for two-thirds of the world’s population, 75% of global trade and 80% of worldwide GDP. Since its formation in 1999, the G20 has focused on financial and other global issues such as trade, climate change and development. Indonesia has been awarded the G20 Presidency for 2022 and will host the 17th G20 leaders’ summit at the end of the year. With the theme ‘Recover together, Recover Stronger’, Indonesia has the chance to set the discussion agenda for global economic recovery. The Government of Indonesia has set three main agendas: global health architecture; sustainable energy transition; and digital and economic transformation.

The G20 Presidency will give Indonesia the chance to promote and advance a sustainable pathway towards global economic recovery and transformation. It also affords Indonesia the opportunity to showcase its efforts and practices to mainstream sustainability in its economic development, to strengthen its position, to increase the competitiveness of its commodities and products, and to encourage and call for global collective action towards a sustainable recovery. The G20 forum this year will be an important opportunity for Indonesia to take the lead in discussions to advance a sustainable and equitable palm oil trade that will bring benefits to Indonesia’s economy, environment and people.