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 Research Report A roadmap for the adoption of ISSB Standards Mar 2025 - This report explores key regulatory and legislative considerations for effective adoption of ISSB Standards. A roadmap for the adoption of ISSB Standards Research Report Code of Conduct for ESG Ratings and Data Products Providers Dec 2023 - Code of Conduct for ESG Ratings and Data Products Providers aims to foster a trusted, efficient and transparent market. Code of Conduct for ESG Ratings and Data Products Providers Research Report Anti-Money Laundering and Beneficial Ownership Dec 2023 - Anti-Money Laundering and Beneficial Ownership explores the goal of a robust and effective anti-money laundering regime and sets out seven recommendations. Anti-Money Laundering and Beneficial Ownership Research Report Priorities for Japanese G7 and Indian G20 Presidencies Dec 2022 - Supporting global action to tackle the current global macroeconomic and geopolitical challenges Priorities for Japanese G7 and Indian G20 Presidencies