Posted: 20 Mar 2024 Resource Type: Research Report Download Back This year, Italy and Brazil have the opportunity to bring key global decision makers together to address current global macroeconomic challenges and to promote the importance of joint action. The International Regulatory Strategy Group (IRSG) supports the commitment by the Italian G7 and Brazilian G20 presidencies to co-ordinate global action to tackle these global macroeconomic and geopolitical challenges. As governments seek to manage these challenges, the G7 and G20 commitment to fight against fragmentation and strengthen multilateralism will go a long way towards reducing the potentially high cost of fragmentation and the detrimental effect this may have on the world economy. Against this backdrop, the report sets out three priority areas that we believe the G7 and G20 should focus on – sustainability, innovation and free trade. In these areas, the report outlines seven priorities with corresponding recommendations, namely on carbon pricing, sustainability disclosures, AI, cyber security, data flows, WTO reform and global regulatory fragmentation. Stay in touch Sign up to our mailing list to make sure you're the first to hear about news, reports, and events relating to financial and professional services from the City of London Corporation. Sign up now Share: Share to LinkedIn LinkedIn Share to X Share to Facebook Facebook Share to WeChat WeChat Share to WhatsApp WhatsApp Share to Email Email Download Related content Thought Piece How the UK can help to put Saudi Arabia on an accelerated path to a sustainable future Jul 2024 - How the UK's expertise in sustainable finance and global infrastructure financing can help accelerate Saudi Arabia on its path to a sustainable future. How the UK can help to put Saudi Arabia on an accelerated path to a sustainable future Research Report The City of London Corporation's work in support of financial and professional services: annual review 2023/2024 Jul 2024 - The City of London Corporation's annual review on the extensive programmes of work in the UK's financial and professional services industry in 2023/2024. The City of London Corporation's work in support of financial and professional services: annual review 2023/2024 Thought Piece Harnessing the power of London for global climate action: Reflections on London Climate Action Week 2024 Jul 2024 - London Climate Action week is a global moment that sees leaders, organisations and communities from across the world descend on London to drive climate action. Here are some highlights from myself and the City of London sustainable finance team. Harnessing the power of London for global climate action: Reflections on London Climate Action Week 2024 Research Report City statistics briefing Jul 2024 - The City Statistics briefing looks at the City of London's role as a global business hub for financial and related professional services. City statistics briefing