Upload
others
View
3
Download
0
Embed Size (px)
Citation preview
B20 Consultation with
ICC Leadership
1
B20 is the oldest and leading outreach group, which
delivers the opinions of business leaders about global
economic problems to G20 leaders
Convene business leaders to drive action
Speak with a common voice
Facilitate meetings for collaboration leading
to effective actions
Positively influence policy-makers at a global
scale
Support a continuum of agendas from one
G20/B20 presidency to another
B20’s Objectives
2
B20 in its 6th year
Korea 2010
France 2011
Mexico 2012
Russia 2013
Australia
2014
Turkey 2015
3
B20 Taskforces
Infrastructure
and
investment
SME’s and
entrepre-
neurship
Trade
Financing
growth
Employment
Anti-
corruption Taskforce
Mission
▪ Actively pursue implementation of
recommendations from previous B20s
▪ Develop implementable
recommendations on couple of key
areas
Expectations from task force members:
Active participation in task force
meetings (2-3 per year)/conference calls;
Act as a "knowledge transfer" between
their countries and task forces (e.g.,
barriers against implementation)
Mobilize policy leaders in their countries
for the implementation of previous B20
recommendations
4
Task force Leadership
Melih Yurter
Board Member of
Afyon Energy &
Fertilizer
Mary Andringa
President & CEO of
Vermeer
Ali Koç
Board Member of
Koç Holding
Daniel Funes de Rioja
President of IOE
Hüsnü Özyeğin
Chairman of
FIBA Holding
Güler Sabancı
Chairman of
Sabancı Holding
Harold McGraw
Chairman of
McGraw Hill Financial
Ferit Şahenk
Chairman of
Doğus Holding Infrastructure
and
investments
SME and
entrepre-
neurship
Trade
Financing
growth
Employment
Anti-
corruption Task Force
David Seaton
CEO of Fluor
Francisco Gonzalez
Chairman&CEO of
BBVA
Chengyu Fu
Chairman of
SINOPEC
Coordinating chair
To be determined
5
B20 Partners
Knowledge partners Business Networks
6
B20 Policy Development/Advocacy Timeline
Dec’14 Jan’15 Feb’15 Mar’15 May’15 Jun’15 Jul’15 Aug’15 Sep’15 Oct’15 Nov’15 Apr’15
15 9-10 16-17 2 14-15
Member
registration
Regional consultation meetings
22-23
Task force
kick-off at
Istanbul
Joint task force
meeting IMF/ WB
at Washington DC
Joint task force
meeting OECD
at Paris
B20
conference B20 summit
(Nov 14-15)
G20 summit
(Nov 15-16 at Antalya)
Present to G20
governments
G20/B20
event at
Davos
3-5
7
Contents
▪ What is the B20?
▪ B20 Taskforces
▪ B20 Themes
▪ B20 Regional Consultations
8
Thematic B20 Conferences
▪ Will be organized around the G20 Ministerial Meetings
▪ Three main events
– B20 Conference on Food Security
▫ Istanbul – May 7-8, 2015
– B20 Conference on Energy & Climate Change
▫ Istanbul – October 1-2, 2015
– B20 Conference on Digital Economy
▫ Istanbul – October 5-6, 2015
9
Contents
▪ What is the B20?
▪ B20 Taskforces
▪ B20 Themes
▪ B20 Regional Consultations
10
Regional Consultation Meetings
Azerbaijan
May (tbd)
Saudi Arabia
22 Feb
Brazil
29 May
India
6 April
SEA - Singapore
10 April
Mexico
6 May
South Africa
3-5 June
WCC at Torino
10 June
St Petersburg
18 June
China
tbd
11
B20 timeline (Overall) Regional consultantion meetings
Task force conference calls B20/task force in person meetins
Key events/Them. Conf.
December 2014 January 2015 February 2015 March 2015
April 2015 May 2015 June 2015 July 2015
August 2014 September 2015 October 2015 November 2015
15 Dec
Date
22 -23
Jan
Date
9-10 Feb
26 Feb
Date
tbd
Date Date Date Date
Date Date Date Date
14-15
Nov
▪ B20 Summit
Date
2 Jun ▪ Joint task force
meeting OECD at
Paris
▪ Task force kick-
offs
3-5 Sep ▪ B20 Conference
▪ G20/B20 event at
Davos
▪ China
▪ Launch meeting
at İstanbul
▪ SE Asia-
Singapore
▪ Joint task force
meeting at DC 16-17 Apr
▪ Azerbaijan tbd
▪ Mexico 6 May
▪ South Africa 3-5 Jun
▪ WCC @ Torino 10 Jun
▪ SPIEF, Russia 18 Jun
▪ Saudi Arabia 22 Feb
Text:
Text:
Text:
Text:
7-8 May ▪ B20 Conference
on Food Sec.
1-2 Oct ▪ B20 Conference
on Energy & CC
5-6 Oct ▪ B20 Conference
on Digital Economy
▪ Brazil* 29 May
▪ ICC@Singapore March 18
▪ India
April 10
April 6
12
Interactive Discussion
on B20 Policy Priorities Moderated by:
Sarp Kalkan, B20 Sherpa
Stefano Bertasi, Director, Department of Policy and Business Practices
13
▪ Trade
Contents
14
Taskforce Members prioritized Trade Facilitation and
Rollback of Protectionism
Prioritized topics
% of Members assessed each topic as high priority among total Members provided input
Note: Task force Members assessed max.3 topics as high priority in their inputs * As stated in the input request mail Source: Taskforce Members' input, BCG
31%
Multilateralism
14%
Liberalize Trade
in Services
36%
Supply Chain
Improvement
Digitalization
of Trade
17%
PTA
Effectiveness
33%
Rollback of
Protectionism
72%
Trade
Facilitation
69%
Threshold 2/3 of total inputs*
New potential
topics
Recommendations
from previous
year
2 key topic of Digitalization
of Trade to be covered:
• Data flow restrictions
under Protectionism
• E-commerce barriers
under Trade facilitation
15
Recommendations Short Explanation
Localization measures
Selective aid measures
and programs
Trade defense measures
Technical barriers to
trade
1
2
4
• Address the forced use of locally produced content, local ownership,
local storage, and restrictions which inhibit market access and the
flow of data
•Aid programs and measures for selected companies or sectors
• Formulate anti-dumping measures and discuss countervailing duties and the
safeguarding of duties
3
• Address licensing requirements as well as sanitary and phytosanitary
regulations
Discriminatory public
procurements
5 • Curb the preferential treatment of domestic and/or other favored suppliers
Migration measures 6 • Ease barriers preventing the movement of businesspeople and employees
6 key actionable types of protectionist measures
received mentions from Taskforce Members
Trade survey questions
Vote Trigger
Vote Now
60
1. Ratify and implement the WTO Trade Facilitation Agreement
65% (24)
2. Rollback protectionism, focusing on non-tariff measures
5% (2)
3. Ensure preferential trade agreements (PTAs) complement the multilateral framework
19% (7)
4. Remove connectivity bottlenecks in the supply chain
0% (0)
5. Press for WTO progress on the trade-in-services agreement
11% (4)
17
▪ Infrustructure and Investment
Contents
18
Long list of issues to address
Recommendations Short Explanation
Reaffirm critical
importance of
infrastructure
Establish, publish and
deliver credible national
infrastructure pipelines
Implement transparent
infrastructure
procurement and
approvals process
1
2
• Develop national strategy of future infrastructure needs along with a
clear target for net public investment as a percentage of GDP
• Support multilateral initiatives, including the WB’s Global
Infrastructure Facility, to combine upstream and downstream
engagement, and ensure international standards are met.
• Publish a pipeline of all greenfield infrastructure projects, and a
transparent list of brownfield infrastructure assets for privatization,
along with economic and social benefits of privatization of each
asset.
• Define a major approvals pathway with clear criteria and time
limits; monitor and publicly report performance.
• Create a leading practice and data exchange (Global
Infrastructure Hub).
3
19
Preliminary list of issues to address
Recommendations Challenges to be addressed
Work towards greater
promotion and protection
of cross-border
investment
Increase the availability
of long-term financing for
investment
Protect private
investment
Ensure continued
participation of banking
sector as a key source of
infrastructure financing
4
5
7
• Draft an International Model Investment Treaty (IMIT) and bring
back last year’s recommendation on adopting the OECD
Declaration on International Investment
• Encourage Multilateral Development Banks and Development
Finance Institutions to develop local capital markets. Role central
banks and governments in developing capital markets needs to
highlighted.
• Develop infrastructure as a strong, viable asset class.
• Adjust individual country investment frameworks and policies so
that investors can buy protection against future policy changes.
• Establish leading practices to protect investors' creditor rights and
their enforceability
• Affirm the role of banking sector as one of the key sources of long
term investment and remove regulatory disincentives to long term
infrastructure financing by banks.
• Widen the scope to include insurance companies, pension
companies etc. as they are also impacted by Solvency II
6
20
Task force survey on recommendation prioritisation
Enable investors to buy protection against future policy changes 7.9
Comply with best practices for procurement 8.2
Develop national strategic vision of future infrastructure needs 8.6
Improve environment for cross-border investments 7.5
Support initiatives to ensure projects are prepared to best practice standards
Draft International Model Investment Treaty (IMIT)
Develop infrastructure as a viable asset class 7.9
7.4
Remove regulatory disincentives to banks 7.5
Encourage MDBs and DFIs act as the market maker
8.0
7.2
Publish brownfield pipeline for privatisation
Define a major approvals pathway with public monitor 8.1
Publish greenfield pipeline along with business case
8.0
8.1
Establish leading practices to protect creditor rights
7.7
Q: Prioritisation of emerging recommendations
Rating scale 1 – least important, 10- most important
1 A
3 F
2 C
3 E
2 D
6 L
6 K
5 J
2 B
4 H
7 M
4 G
5 I
RECOMMENDATIONS WITHIN G20 SCOPE
SOURCE: Priorisation survey, 42 responses
Feedback from advocacy discussions will serve as another input in prioritising recommendations
Infrastructure & Investment survey questions
Vote Trigger
Vote Now
60
1. Establish, publish and deliver credible national infrastructure pipelines
12.5% (5)
2. Promote and protect cross-border capital flows and FDI
35.0% (14)
3. Develop standardized Public-Private-Partnership approaches
22.5% (9)
4. De-risk private infrastructure investment to encourage investment from the banking sector
5.0% (2)
5. Explore additional approaches to finance projects including Public-Private Partnerships, securitization, asset-based financing and activating sovereign wealth funds
25.0% (10)
22
Contents
▪ Financing Growth
23
B20 Australia Financing Growth Taskforce proposed five
recommendations
Recommendation Short description
Improving global
regulation of markets
Greater recognition of
emerging market
economies
Facilitating financial
inclusion
Facilitating greater
infrustructure financing
Removing impediments
to trade finance
1
2
3
4
5
• Enhance the regulatory agenda approach in 2015, avoid
hampering intermeditation and supply of credit
• Increasing the representation of emerging market
economies at global regulatory body
• Improve finacial inclusion of riskier members of the
community, especially SMEs and entrepreneurs
• Foster creation of financing mechanisms (bank and non-
bank) to increase infrustructure investments
• Develop solutions for cases where regulations restrict trade
finace
Moved under the
infrustructure and
Inverstments TF
24
Facilitating financial inclusion, with SME and high risk segment group,
is the most implementable recommendation
Facilitating financial inclusion
Improving global regulation
markets
Greater recognition of emerging
market economies
Removing impediments to trade
finance
Incoming recommendations Outcomes
Facilitating Financial Inclusion was selected as the central
topic for 2015
~60% of the participants voted Facilitating Financial
Inclusion as the most important and implementable
recommendation
The focus will be primarily on finding solutions to facilitating
SME financing; while suggestions regarding other excluded
members of the society are also welcome
The Taskforce will collect locally accepted solutions of
facilitating SME financing and disseminate this know-how
Remaining recommendations, especially improving global
regulation of markets, will also be addressed, primarily
with their relevance to implementation
Financing growth survey questions
Vote Trigger
Vote Now
60
1. Finalize the core global financial reforms in 2014
14% (5)
2. Ensure emerging market economies are effectively represented in the international financial system
19% (7)
3. Review existing global rules where financial reforms unintentionally restrict financial inclusion
11% (4)
4. Review new and existing standards to support the availability of trade finance
17% (6)
5. Find solutions to facilitate SME financing
39% (14)
26
▪ Employment
Contents
27
B20 Australia Employment TF Recommendations for Implementation
Recommendations Short Explanation
Skills
Domestic Market
Mechanisms
2
3
Global Mobility 4 • More flexible in skills mobility
• True commercial hubs as solid job centers
• Better adaptation to offshoring/re-shoring
• Managing forced mobility
Implementation and
Monitoring
5 • Monitoring of adaption by G20 as commitments and enhancing
implementation plans with clear KPIs and best practices
Inclusivity 1
• Increasing youth employment
• Encouraging women participation
• Achieving a better balance of labour market flexibility and job security
• Developping skills for the digital age and its financing
• Developping relevant skills to boost entrepreneurship
• Industry-education alignment
• Re-training in traditional jobs
• Employment friendly growth regulation
• Regional market development
• Formalizing employment
• Better occupational H&S
Employment survey questions
Vote Trigger
Vote Now
60
1. Ensure open access to employment opportunities to increase labor force participation rate
37% (13)
2. Adapt skills to continuous and disruptive changes to reduce skills mismatch
37% (13)
3. Provide supportive conditions for solid job creation by overcoming the skills mismatch
11% (4)
4. Increase the global mobility to attract and integrate talents
14% (5)
29
▪ Anti-Corruption
Contents
30
Summary of G20 and B20 Anti-Corruption plans 2015-2016
2015-16 G20 Anti-Corruption Action Plan
High priorities
• Beneficial ownership transparency
• Bribery
• High-risk sectors
• Public sector transparency and integrity
• International cooperation
• Private sector transparency and integrity
B20 Action Plan 6 Areas:
1. Self-reporting for companies 2. Beneficial ownership 3. High level reporting mechanisms for public offices 4. Customs 5. Public Procurement – best practices and
implementation of anti-corruption programs and transparency through technology
6. Training
2015-16 G20 Anti-Corruption Implementation Plan
6 Action areas for implementation of the plan:
1. Beneficial ownership transparency
2. Public sector transparency and integrity
3. Bribery
4. International cooperation
5. Preventing and combating corruption
in high-risk areas
6. Private sector transparency and integrity
B20 Recommendations • Harmonize regulation and incentivize
responsible business to build mechanisms for self -reporting
• Transparency of ownership
• Enforce existing conventions (OECD and UNCAC)
• Implement trade facilitation agreement
• Address corruption in trade negotiations
• Best practice in public procurement
• Incentivize responsible businesses with best anti-corruption
programs, use technology for transparency
• Provide concrete training specifically aimed at SMEs and
public officials
G20
B
20
31
1. Self-reporting
for companies
2. Beneficial
ownership
3. High Level
Reporting
Mechanisms
4. Customs 5. & 6. Public
Procurement 6. Training
1. Beneficial
ownership
transparency
Study on current
practices and
drive
implementation
2. Public sector
transparency and
integrity
Guidelines for
public
procurement
3. Bribery
4. International
cooperation
Focus on
implementation of
UNCAC & OECD
conventions
5. Preventing and
combating
corruption in high-
risk areas
Develop best
practices in
customs and
drive
implementation
6. Private sector
transparency and
integrity
B20 connection,
self-reporting for
firms and develop
guidelines
G20 p
lan
B20plan
Training for
SMEs/public
officials
Anticorruption survey questions
Vote Trigger
Vote Now
60
1. Enforce applicable legal frameworks such as the OECD Anti-bribery Convention and UN Convention
27% (9)
2. Develop best practices in customs and drive implementation
9% (3)
3. Emphasize on use of technology through elimination of middleman improving transparency in the audit trail
18% (6)
4. Implement transparent (public) infrastructure procurement guidelines
24% (8)
5. Improve training for SMEs/public officials
21% (7)
33
▪ SME & Entrepreneurship
Contents
34
Long list of issues to address
Recommendations Challenges to be addressed
Access to international
markets
Access to finance
Access to talent
Access to Innovation
ecosystems and the
digital economy
1
2
4
• Complexity of international trade regulations
• Participation in Global Value Chains (GVCs)
• Mobility of talent in support of international business
• Access to (international) equity finance
• Access to debt finance
• Lack of transparent financial information on SMEs
• Inappropriate regulatory environment for new forms of funding
• Education systems are not inductive nor value embracing of
entrepreneurial careers
• Risk/reward of starting a business is not sufficiently attractive
compared to salaried positions
• Stigma associated with failing businesses limit risk taking
• Women are under-represented in terms of entrepreneurs
• Access to Innovation Ecosystems
• Win-win relationships between large companies and SMEs
• Access to digital infrastructure and data
• Access to skills to leverage digital opportunity
• Access to e-government
3
SMEs & Entrepreneurship survey questions
Vote Trigger
1. Enable SMEs to participate to global value chains and promote them use of global value chains to upgrade their skills and technologies
50% (17)
2. Foster cross-border equity investing that will help companies to start- and scale-up
6% (2)
3. Develop common documentation standards and regulations 12% (4)
4. Develop local innovation eco-systems and win-win relationships between SMEs/Startups and large corporations
9% (3)
5. Improve SMEs’ access to the digital economy and make sure them to get the most out of Internet economy
24% (8)
Vote Now
60
36
▪ Energy & Climate Change
Contents
37
Starting points for B20 Energy Dialogue Platform
Increase the uptake
of energy efficiency
De-risk and stimulate
new energy technologies
2
3
Improve global energy
governance framework
4
Access to energy for
sub-Saharan Africa
5
Improve conditions for
energy investment and trade
1
Energy & Environment survey questions
Vote Trigger
Vote Now
60
1. Increase the uptake of energy efficiency
28% (11)
2. Minimize inefficient and wasteful energy subsidies that distort markets
21% (8)
3. Eliminate tariff and non-tariff barriers to trade in environmental goods and services
31% (12)
4. Implement predictable international carbon pricing
5% (2)
5. Improve global energy governance framework
15% (6)