G20: world leaders agree on common digital tax, fail to agree on climate talks

July 29, 2021

The G20 is the international forum bringing together since 1999 the world’s major economies. Together, these countries account for more than 80% of world GDP, 75% of global trade and 60% of our planet’s population. Since 2008, the Forum has held a yearly Summit with a large number of institutional meetings and ad hoc events to debate the major issues on the global agenda. The Italian G20 Presidency, that began in December 2020, hosted this month a series of summits on two pressing issues for international diplomacy – global digital taxation and speeding up efforts to combat climate change.