According to the latest IMF projections, global activity will contract by 4.4 per cent this year, the worst result since World War II. At the time of the global financial crisis, in their Statement at the 2009 Pittsburgh Summit, G20 Leaders designated the Group to be the “premier forum for our international economic cooperation”.
Additionally, people will want as high a standard of living as possible and this must be achieved in a way that does not harm or exploit others. BIS central bankers’ speeches  1  Pillar 2: Environmental protection Planet Earth has a limited amount of resources.