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Annex to G20 Leaders’ Communique Hangzhou Summit

September 5, 2016

Agreed documents

The following documents agreed by the G20 support our Communique:

G20 Blueprint on Innovative Growth

G20 2016 Innovation Action Plan

G20 New Industrial Revolution Action Plan

G20 Digital Economy Development and Cooperation Initiative

Hangzhou Action Plan

Hangzhou Accountability Assessment Report

G20 Enhanced Structural Reforms Agenda

G20 High Level Principles on Cooperation on Persons Sought for Corruption and Asset Recovery

G20 2017–2018 Anti-Corruption Action Plan

G20 Strategy for Global Trade Growth

G20 Guiding Principles for Global Investment Policymaking

Terms of Reference of the G20 Trade and Investment Working Group

G20 Action Plan on the 2030 Agenda for Sustainable Development

Hangzhou Comprehensive Accountability Report on G20 Development Commitments

Presidency Statement on Climate Change at the G20 Sherpa Meeting

G20 Agenda Toward a More Stable and Resilient International Financial Architecture

G20 Initiative on Supporting Industrialization in Africa and LDCs

MDBs’ Joint Declaration of Aspirations on Actions to Support Infrastructure Investment

Global Infrastructure Connectivity Alliance Initiative

G20/OECD Guidance Note on Diversification of Financial Instrument for Infrastructure and SMEs

Global Infrastructure Hub Report on Annotated Public Private Partnership Risk Allocation Matrices

FSB Chair’s Letter to G20 Leaders

IMF-FSB-BIS Report on Elements of Effective Macro-prudential Policies: Lessons from International Experience

FSB Annual Report to the G20 on the Implementation and Effects of the G20 Financial Regulatory Reforms

G20 High-Level Principles for Digital Financial Inclusion

G20 Financial Inclusion Indicators (2016 Update)

G20 Action Plan on SME Financing: Implementation Framework

G20 Entrepreneurship Action Plan

G20 Initiative to Promote Quality Apprenticeship

G20 Inclusive Business Report for the 2016 Summit

Enhancing Energy Access in Asia and the Pacific: Key Challenges and G20 Voluntary Collaboration Action Plan

G20 Voluntary Action Plan on Renewable Energy

G20 Energy Efficiency Leading Program

G20 Green Finance Synthesis Report

Climate Finance Study Group Report on “Promoting Efficient and Transparent Provision and Mobilization of Climate Finance to Enhance Ambition of Mitigation and Adaptation Actions”

Climate Finance Study Group Outlook on “Mainstreaming Climate Change Considerations into Development Assistance and Climate Finance Programs”

Good Practices on Family Farming and Smallholder Agriculture

Ministerial statements

Communique of G20 Finance Ministers and Central Bank Governors Meeting, Shanghai, 26–27 February

Communique of G20 Finance Ministers and Central Bank Governors

Meeting, Washington D.C, 14–15 April

Communique of G20 Finance Ministers and Central Bank Governors

Meeting, Chengdu, 23–24 July

G20 Trade Ministers Meeting Statement, Shanghai, 9–10 July

G20 Labor and Employment Ministers Declaration, Beijing, 12–13 July

G20 Agriculture Ministers Meeting Communique, Xian, 3 June

G20 Energy Ministerial Meeting Beijing Communique, Beijing, 29–30 June

Working Group Documents

— Employment Working Group

Policy Recommendations to Enhance Employability

Sustainable Wage Policy Principles

Policy Recommendations for Promoting More Equitable and Sustainable Social Protection Systems

— Framework Working Group

Quantifying the Implementation of G20 Members’ Growth Strategies (IMF-OECD Note)

— Infrastructure and Investment Working Group

G20/OECD Progress Report on the Implementation of the G20/OECD Principles of Corporate Governance

G20/OECD Progress Report on the Development of Effective Approaches to Support the Implementation of the G20/OECD High Level Principles on SME Financing

MDB Response to the G20 MDB Balance Sheet Optimization Action Plan

— International Financial Architecture Working Group

G20 International Financial Architecture Working Group 2016 Final Report

— Global Partnership for Financial Inclusion (GPFI)

GPFI 2016 Progress Report

GPFI 2016 White Paper: Global Standard-Setting Bodies and Financial Inclusion – The Evolving Landscape

2016 Update to Leaders on Progress Towards the G20 Remittance Target

G20/OECD INFE Core Competencies Framework on Financial Literacy for Adults

G20/OECD INFE Ensuring Financial Education and Consumer Protection for All in the Digital Age

Supporting documents

We welcome the delivery of the following documents:

G20 Members’ 2016 Growth Strategies (update), September 2016

IMF Surveillance Note

IMF Note on Reinvigorating Trade to Support Growth: A Path Forward

IMF Note on A Framework for Structural Reforms

G20/GIH Knowledge Sharing Report

G20/OECD Support Note on Diversification of Financial Instruments for Infrastructure

G20/OECD Support Note on Diversification of Financial Instruments for SMEs

IMF Staff Note: The Role of the SDR-Initial Considerations

BCBS Report to G20 Leaders – Implementation of Basel Standards

FSB Progress Report on Resolution: Resilience through Resolvability – Moving from Policy Design to Implementation

BCBS-CPMI-FSB-IOSCO Progress Report on the CCP Workplan

CPMI-IOSCO Consultative Report on Resilience and Recovery of CCPs: Further Guidance on the PFMI

FSB Discussion Note on Essential Aspects of CCP Resolution Planning

FSB Proposed Policy Recommendations to Address Structural Vulnerabilities from Asset Management Activities

FSB Progress Report to the G20on the Action Plan to Assess and Address the Decline in Correspondent Banking

FSB Report on FSB Members’ Plans to Address Legal Barriers to Reporting and Accessing OTC Derivatives Transaction Data

IMF-FSB First Progress Report — Second Phase of the G20 Data Gaps Initiative (DGI-2)

OECD Secretary-General’s Reports to G20 Finance Ministers (February, April and July 2016), and to G20 Leaders (September 2016)

IMF-OECD-UN-WBG Joint Report on Enhancing the Effectiveness of External Support in Building Tax Capacity in Developing Countries

G20 Voluntary Peer Review by China and the United States on Fossil Fuel Subsidies: US Self-review Report

China’s Efforts to Phase Out and Rationalize Its Fossil-Fuel Subsidies – A Report on the G20 Peer-review of Inefficient Fossil-fuel Subsidies that Encourage Wasteful Consumption in China

G20 Voluntary Peer Review by United States and China on Fossil Fuel Subsidies: China Self-review Report

US’s Efforts to Phase Out and Rationalize Its Fossil-Fuel Subsidies – A Report on the G20 Peer-review of Inefficient Fossil-fuel Subsidies that Encourage Wasteful Consumption in US

UNIDO report on Industrialization in Africa and Least Developed Countries: Boosting growth, creating jobs, promoting inclusiveness and sustainability

ILO-OECD-WBG-IMF Report: Employment Trends and Challenges

ILO-OECD-WBG Report: Generating Adequate Job Opportunities

ILO-OECD-WBG Report: Enhancing Employability

ILO-OECD-WBG-IMF Report: Promote Decent Work

OECD-WBG-WTO Discussion Paper: Monitoring and Reducing Trade Costs

WTO-UNCTAD-OECD-WBG Discussion Paper: Interrelationship between Trade and Investment: Strengthening Policy Coherence

OECD-UNCTAD-WTO Discussion Paper on E-commerce

WTO Report on Advancing the Multilateral Trading System: Issues for Further Consideration

WTO Report on Regional Trade Agreements and the Multilateral Trading System: Further Analysis of Specific Provisions in RTAs

WTO Trade Monitoring Report on G20 Trade Measures: Possible Improvements

IMF-WBG Prospects for Global Trade

WTO Report on Trade Finance & SMEs: Bridging the Gaps in Provision

OECD-WBG-ITC Report: Towards a G20 Strategy for Promoting Inclusive Global Value Chains

Reports & Recommendations Received from Engagement Groups

Towards an Innovative, Invigorated, Interconnected, and Inclusive World Economy—B20 2016 Policy Recommendations to the G20

L20 Statement to the G20 Summit

Y20 China 2016 Communique

W20 Meeting Communique

Communique of Civil Society 20 China 2016

T20 Policy Recommendations to the G20

Acknowledgment and the way forward

We thank international organizations, including the UN, IMF, World Bank Group, WTO, ILO, OECD, FSB, FATF and BIS, for their valuable inputs and support to the G20 process. We welcome policy recommendations by the G20 engagement groups, namely Business 20, Labor 20, Women 20, Youth 20, Think 20, and Civil Society 20, and appreciate their important contributions this year.

We ask the OECD and World Bank to build a new online G20 Community of Practice within the existing Innovation Policy Platform, and ask the OECD to develop the 2016 G20 Innovation Report, to exchange knowledge and experiences.

We request the OECD, together with UNCTAD and UNIDO, to release a G20 New Industrial Revolution (NIR) Report, which provides an overview of opportunities and challenges brought about by NIR.

We welcome and encourage efforts made by the United Nations, UNCTAD, UNIDO, ILO, IMF, ITU, OECD,World Bank Group and other international organizations to develop better metrics for important policy issues like trust in the digital economy, e-commerce, cross-border data flows and the Internet of Things, as practical, relevant and appropriate.

We look forward to international organizations including the OECD and interested members, intensifying efforts to measure the digital economy in macroeconomic statistics through conducting a voluntary ”good practices“ survey of national statistical organizations, and organizing and hosting a workshop for statisticians and digital companies on source data to measure the digital economy.

We ask the Framework Working Group to conduct assessment of G20 structural reform progress in line with the Enhanced Structural Reform Agenda, and ask the OECD to help assess G20 progress and challenges within the structural reform priority areas by producing a technical report, with input from other international organizations, using the common set of indicators.

We invite the OECD and the IMF to continue the work on the composition of budget expenditures and revenues to support productivity, inclusiveness and growth.

In the context of sluggish trade and investment growth, we recognize the need to understand and better explain how trade and investment can contribute more to stimulate inclusive growth and jobs, and the links between structural measures, trade, investment and GDP. We ask the WTO, OECD, World Bank Group and other international organizations to advance their analytical work and debates on these matters, to contribute to improve people’s perceptions on the benefits of trade and investment on well-being. In this context, we also welcome further joint work by the WTO, UNCTAD, OECD, ITC, World Bank Group and IMF, in collaboration with other relevant international organizations, within their existing mandates and resources, to identify ways and means to promote inclusive, robust and sustainable trade and investment growth, including but not limited to the work of measuring trade costs, reporting on restrictive measures, improving economic trade modeling, communicating the benefits of trade and investment, investment promotion and facilitation, enhancing coherence and complementarity between trade and investment regimes, and promoting inclusive and coordinated global value chains.

We ask the finance ministers and central bank governors to report back on their further work on the international financial architecture by our next meeting.

We call on the FATF to reflect by March 2017 on ways to progress in strengthening its traction capacity and enhanced effectiveness of the network of FATF and FATF-style regional bodies. We look forward to the BCBS comprehensive quantitative impact study that will inform the final design and calibration of the Basel III framework.

We look forward to considering the phase II report and recommendations of the FSB’s industry-led Taskforce on Climate-related Financial Disclosures in early 2017, which will present its recommendations for better climate related disclosures.

We welcome the IMF-FSB First Progress Report on the second phase of the Data Gaps Initiative and support the Report’s action plans.

We welcome the reports on the voluntary peer reviews of inefficient fossil fuel subsidies that have examined the policies of China and the United States, prepared by expert teams chaired by the OECD.

We ask the MDBs to move forward the directions and commitments outlined in the Joint Declaration of Aspirations on Actions to Support Infrastructure Investment. We ask the MDBs to further implement the G20 MDB Balance Sheet Optimization Action Plan.

We ask the World Bank to serve as the secretariat of the Global Infrastructure Connectivity Alliance, working closely with the Global Infrastructure Hub, OECD, other MDBs, and interested G20 Members to support its activities.

We thank the UNDP and the OECD for their support in the design of the G20 Action Plan on the 2030 Agenda for Sustainable Development and of the G20 Development Working Group (DWG) Comprehensive Accountability Report. We ask them to continue supporting the DWG for the monitoring of the implementation of the Action Plan and of the relevant accountability process.

We thank UNIDO and other international organizations for their support in the design of the G20 Initiative on Supporting Industrialization in Africa and LDCs. We look forward to address voluntary policy options to promote sustainable growth in Africa and the LDCs, including voluntary policy options to promote industrialization.

We acknowledge the establishment of the new Platform for Collaboration on Taxation by the IMF, OECD, UN, and World Bank Group, and their recommendations on mechanisms for effective technical assistance in support of tax reforms. We look forward to receiving a progress update by mid-2017.

We invite the ILO, OECD, World Bank Group and IMF to provide technical support in the implementation of the G20 Entrepreneurship Action Plan, to participate in the work of the Entrepreneurship Research Centre on G20 Economies and facilitate exchange of good practices and lessons learnt amongst G20 members. The ILO, OECD and other international organizations, social partners and experts are welcome to participate in the activities of the Centre and share their entrepreneurship experiences and research findings.

We invite the OECD and other international organizations to continue the development of the G20 initiated analytical framework for improving agricultural productivity including that of small-scale producers in an innovative and sustainable manner.