Multilateral coordination and exchange for sustainable global value chains
Holger Görg, Jann Lay, Stefan Pahl, Adnan Seric, Frauke Steglich, Liubov Yaroshenko
2021
DOI numberhttps://www.t20italy.org/2021/09/08/multilateral-coordination-and-exchange-for-sustainable-global-value-chains/
#Trade and FDI
#Sustainability standards
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.
