Policy Article
Multilateral coordination and exchange for sustainable global value chains
Authors
Publication Date
JEL Classification
F1
F23
F53
J8
M14
Q56
Key Words
Related Topics
Sustainable Development
International Trade
Globalization
Foreign Direct Investments
Companies
While participation in global value chains (GVCs) is widely associated with benefits for countries’ development and growth, its environmental and social costs become increasingly evident. Representing core buyer and supplier countries in GVCs, the G20 is particularly suited to tackle this global challenge. We recommend the G20 should become a key global forum for exchange and collaboration on this important challenge, setting in place effective processes to ensure multilateral coordination for sustainable GVCs in the G20 and beyond.