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 The UK: leading the way in impact investing Jan 2025 - Amid challenges from climate change to social inequality, the UK has emerged as a global leader in impact investing, transforming how capital is used to create a fairer, greener future. The UK: leading the way in impact investing Research Report Exporting financial services to the world Dec 2024 - The UK is the world’s first choice supplier of financial and professional services, helping businesses around the world prosper. Find out more about the UK's innovative financial services sector, and its role as a global leader in attracting investment. Exporting financial services to the world Thought Piece COP29’s financial focus shows private capital remains key to reaching net zero Dec 2024 - COP29 made it clearer than ever: the private sector must play a crucial role if we are to meet the Paris Agreement’s goals. Chris Hayward, Policy Chairman, explains why the time for bold, decisive action is now—or risk falling behind. COP29’s financial focus shows private capital remains key to reaching net zero Research Report Expanding into the UK | a guide for international financial services firms Nov 2024 - This guide is intended to help non-UK firms understand the UK financial services regime and gives practical guidance about how they can do business in the UK. Expanding into the UK | a guide for international financial services firms