Venice hosts G20 for its 1600th birthday

From 7 to 11 July 2021 Venice is hosting the summit of Finance Ministers of the most industrialised countries in the world. The event aimed to develop and investigate issues of international importance, building consensus around specific shared conclusions on the economy and global recovery.

The G20 is the international forum that brings together the world’s major economies. Its members account for more than 80% of world GDP, 75% of global trade and 60% of the population of the planet. The forum has met every year since 1999 and includes, since 2008, a yearly Summit, with the participation of the respective Heads of State and Government.

The Venice G20 on the economy is held at the Arsenale, an area of ​​48 hectares at the eastern end of the historic city center which was once the heart of the Venetian naval industry, beginning from the 12th century. Here, ministers of the economy and finance, governors of central banks, economists and academics will meet according to an agenda which includes the OECD’s Global Forum on Productivity and the International Taxation Symposium.

The Summit will conclude with a climate conference and the appointment of 63 delegations from all over the world is expected to see over 300 participants taking part in the talks.

In addition to the Summit, ministerial meetings, Sherpa meetings, working groups and special events are organised throughout the year, alongside the celebrations of 1600 years since the founding of Venice.

An important birthday, which in a difficult year like the one we are still experiencing takes on even greater significance. The Civic Museums Foundation, the Municipality of Venice and Vela SpA, in collaboration with other leading institutions, will promote the international competition for the selection of studies and projects of sustainable boats.

The novelty of the competition will be a section dedicated to sailing boats and a focus on the theme of hybrid, electric and innovative engines, starting the challenge for sustainability to safeguard Venice and its lagoon.