BIS central bankers’ speeches  5  Finally, South Africa and France have been appointed to co-chair the study group on climate finance. G-20 countries are divided on whether this issue should be considered in the G-20 forum, or be addressed within the United Nations under the so-called United Nations Framework Convention on Climate Change (UNFCCC).
No matter what the final decision will be, South Africa is in this instance considered to be a credible broker to hear the views of the opposing parties, which enhances the stature of the country in the forum. 6. Challenges for the G-20 as a forum  The G-20 as a forum has the potential to contribute significantly to global dialogue and policy debate.