1. Macroeconomic Risks Stemming from Climate Change and Transition Pathways

• It is critical to assess & account for the short, medium and long-term macroeconomic impact of both the physical impact of climate change & transition policies, including on growth, inflation & unemployment.
• Further work has to be done on the macroeconomic implications, as appropriate, particularly as relevant for fiscal and monetary policies, after inputs from a diverse set of stakeholders.

2. Mainstreaming Lifestyles for Sustainable Development (LiFE)

• Commit to implement the G20 High-Level Principles on Lifestyles for Sustainable Development.
• Support the implementation of the High-Level Principles (HLPs) through international cooperation, financial support, and development, deployment and dissemination of technology.
• G20 encourages International Organizations to incorporate the HLPs into their programs, as appropriate.
• Special support for “Travel for LiFE” and the development of smart destinations those are responsible and sustainable.

3. Designing a Circular Economy World

• Critical role played by circular economy, extended producer responsibility and resource efficiency in achieving sustainable development.
• Launch of Resource Efficiency and Circular Economy Industry Coalition is important.
• Commit to enhance environmentally sound waste management, substantially reduce waste generation by 2030, and the importance of zero waste initiatives.

4. Implementing Clean, Sustainable, Just, Affordable & Inclusive Energy Transitions

• Developing countries need to be supported in their transitions to low carbon/emissions, for which low-cost financing for them is utmost important .
• Pledge to advance cooperation initiatives to develop, demonstrate and deploy clean and sustainable energy technologies and solutions and other efforts for innovation.
• ‘Voluntary Action Plan on Doubling the Rate of Energy Efficiency Improvement by 2030’ provides a direction in this effort.
• Recognize the importance of sustainable biofuels in our zero and low- emission development strategies, and possible impact of Global Biofuels Alliance.

5. Harnessing and Preserving the Ocean-Based Economy

• Chennai High-Level Principles for a Sustainable and Resilient Blue/Oceanbased Economy is of utmost importance.
• Commitment to ending illegal, unreported, and unregulated (IUU) fishing, as well as destructive fishing methods in accordance with international law.

6. Ending Plastic Pollution

• G20 has welcomed the resolution to establish an Intergovernmental Negotiating Committee (INC) to develop an international legally binding instrument on plastic pollution, including the marine environment, with the ambition of completing its work by the end of 2024.
• G20 will also build on the G20 Marine Litter Action Plan as elucidated in the Osaka Blue Ocean Vision.

7. Reducing Disaster Risk and Building Resilient Infrastructure

• Accelerating the progress on Early Warning and Early Action through strengthening national and local capacities, innovative financing tools, private sector investment, and knowledge sharing.
• Promote mutual learning of recovery experiences applying all the principles of Sendai Framework.