Over the last ten years, the G20 has worked jointly to overcome the legacies of the global economic crisis. Levelling the playing field and addressing the shortcomings in the international economic system have been crucial in our efforts to foster strong, sustainable and inclusive growth.
We are already living with the alarming consequences of global warming. Weather events this year — record-breaking heatwaves, wildfires, heavy rains, major tropical storms, diminishing Arctic sea ice — have given us a taste of what will happen if climate change intensifies.
I would like to start by congratulating again the Argentinian presidency on its Roadmap for Developing Infrastructure as an Asset Class. The roadmap will help us meet the needs of infrastructure investment for sustainable growth and help build connectivity, which will be key in achieving higher productivity, gains in service efficiency, growth in trade and realising greater spillovers from investments.
The OECD welcomes the work of the G20 Eminent Persons Group. Its far reaching proposals to reform the global financial architecture and governance provide a lot of food-for-thought on a crucial topic
I am also delighted to see so many other countries represented here today, representatives from civil society, organised labour and other International Organisations, and the entrepreneurs who are pushing these technological boundaries.
We have to make sure that policies keep up with the technological change that has been transforming our economies at breakneck speed. The menu of policy options delivered today is a step towards better harnessing the full potential of technology, and ensuring its benefits spread across society.
29 June 2018 - This keynote address focuses on the three main forces driving change in the financial sector: the growing importance of trust; the accelerating digitalisation of the economy; and the unprecedented interconnectedness of global markets. This keynote address was made by Greg Medcraft, OECD Director of Financial and Enterprise Affairs, at the Annual Conference of the Cambridge Centre for Alternative Finance.
I am delighted to welcome you to the OECD Global Financial Literacy Excellence Centre (GFLEC) High-Level Global Symposium, to discuss “Effective Financial Education for Sustainable and Inclusive Growth”. Today we celebrate an important milestone in our journey to advance financial literacy — the 10th Anniversary of the OECD International Network on Financial Education (INFE), which is now 120 members strong!
The OECD was forged by its members out of the destruction of World War II to promote peace and security through sustainable and inclusive economic growth. These are not just worthy goals, but necessary conditions for a safer world.
I would like to start by congratulating the Argentinian Presidency for developing the Roadmap to Infrastructure as an Asset Class. The OECD strongly supports its proposed areas of focus, which recognise previous G20 work and OECD contributions