B20 Consultation with

ICC Leadership

1

B20 is the oldest and leading outreach group, which

delivers the opinions of business leaders about global

economic problems to G20 leaders

Convene business leaders to drive action

Speak with a common voice

Facilitate meetings for collaboration leading

to effective actions

Positively influence policy-makers at a global

scale

Support a continuum of agendas from one

G20/B20 presidency to another

B20’s Objectives

2

B20 in its 6th year

Korea 2010

France 2011

Mexico 2012

Russia 2013

Australia

2014

Turkey 2015

3

B20 Taskforces

Infrastructure

and

investment

SME’s and

entrepre-

neurship

Trade

Financing

growth

Employment

Anti-

corruption Taskforce

Mission

▪ Actively pursue implementation of

recommendations from previous B20s

▪ Develop implementable

recommendations on couple of key

areas

Expectations from task force members:

Active participation in task force

meetings (2-3 per year)/conference calls;

Act as a "knowledge transfer" between

their countries and task forces (e.g.,

barriers against implementation)

Mobilize policy leaders in their countries

for the implementation of previous B20

recommendations

4

Task force Leadership

Melih Yurter

Board Member of

Afyon Energy &

Fertilizer

Mary Andringa

President & CEO of

Vermeer

Ali Koç

Board Member of

Koç Holding

Daniel Funes de Rioja

President of IOE

Hüsnü Özyeğin

Chairman of

FIBA Holding

Güler Sabancı

Chairman of

Sabancı Holding

Harold McGraw

Chairman of

McGraw Hill Financial

Ferit Şahenk

Chairman of

Doğus Holding Infrastructure

and

investments

SME and

entrepre-

neurship

Trade

Financing

growth

Employment

Anti-

corruption Task Force

David Seaton

CEO of Fluor

Francisco Gonzalez

Chairman&CEO of

BBVA

Chengyu Fu

Chairman of

SINOPEC

Coordinating chair

To be determined

5

B20 Partners

Knowledge partners Business Networks

6

B20 Policy Development/Advocacy Timeline

Dec’14 Jan’15 Feb’15 Mar’15 May’15 Jun’15 Jul’15 Aug’15 Sep’15 Oct’15 Nov’15 Apr’15

15 9-10 16-17 2 14-15

Member

registration

Regional consultation meetings

22-23

Task force

kick-off at

Istanbul

Joint task force

meeting IMF/ WB

at Washington DC

Joint task force

meeting OECD

at Paris

B20

conference B20 summit

(Nov 14-15)

G20 summit

(Nov 15-16 at Antalya)

Present to G20

governments

G20/B20

event at

Davos

3-5

7

Contents

▪ What is the B20?

▪ B20 Taskforces

▪ B20 Themes

▪ B20 Regional Consultations

8

Thematic B20 Conferences

▪ Will be organized around the G20 Ministerial Meetings

▪ Three main events

– B20 Conference on Food Security

▫ Istanbul – May 7-8, 2015

– B20 Conference on Energy & Climate Change

▫ Istanbul – October 1-2, 2015

– B20 Conference on Digital Economy

▫ Istanbul – October 5-6, 2015

9

Contents

▪ What is the B20?

▪ B20 Taskforces

▪ B20 Themes

▪ B20 Regional Consultations

10

Regional Consultation Meetings

Azerbaijan

May (tbd)

Saudi Arabia

22 Feb

Brazil

29 May

India

6 April

SEA - Singapore

10 April

Mexico

6 May

South Africa

3-5 June

WCC at Torino

10 June

St Petersburg

18 June

China

tbd

11

B20 timeline (Overall) Regional consultantion meetings

Task force conference calls B20/task force in person meetins

Key events/Them. Conf.

December 2014 January 2015 February 2015 March 2015

April 2015 May 2015 June 2015 July 2015

August 2014 September 2015 October 2015 November 2015

15 Dec

Date

22 -23

Jan

Date

9-10 Feb

26 Feb

Date

tbd

Date Date Date Date

Date Date Date Date

14-15

Nov

▪ B20 Summit

Date

2 Jun ▪ Joint task force

meeting OECD at

Paris

▪ Task force kick-

offs

3-5 Sep ▪ B20 Conference

▪ G20/B20 event at

Davos

▪ China

▪ Launch meeting

at İstanbul

▪ SE Asia-

Singapore

▪ Joint task force

meeting at DC 16-17 Apr

▪ Azerbaijan tbd

▪ Mexico 6 May

▪ South Africa 3-5 Jun

▪ WCC @ Torino 10 Jun

▪ SPIEF, Russia 18 Jun

▪ Saudi Arabia 22 Feb

Text:

Text:

Text:

Text:

7-8 May ▪ B20 Conference

on Food Sec.

1-2 Oct ▪ B20 Conference

on Energy & CC

5-6 Oct ▪ B20 Conference

on Digital Economy

▪ Brazil* 29 May

▪ ICC@Singapore March 18

▪ India

April 10

April 6

12

Interactive Discussion

on B20 Policy Priorities Moderated by:

Sarp Kalkan, B20 Sherpa

Stefano Bertasi, Director, Department of Policy and Business Practices

13

▪ Trade

Contents

14

Taskforce Members prioritized Trade Facilitation and

Rollback of Protectionism

Prioritized topics

% of Members assessed each topic as high priority among total Members provided input

Note: Task force Members assessed max.3 topics as high priority in their inputs * As stated in the input request mail Source: Taskforce Members' input, BCG

31%

Multilateralism

14%

Liberalize Trade

in Services

36%

Supply Chain

Improvement

Digitalization

of Trade

17%

PTA

Effectiveness

33%

Rollback of

Protectionism

72%

Trade

Facilitation

69%

Threshold 2/3 of total inputs*

New potential

topics

Recommendations

from previous

year

2 key topic of Digitalization

of Trade to be covered:

• Data flow restrictions

under Protectionism

• E-commerce barriers

under Trade facilitation

15

Recommendations Short Explanation

Localization measures

Selective aid measures

and programs

Trade defense measures

Technical barriers to

trade

1

2

4

• Address the forced use of locally produced content, local ownership,

local storage, and restrictions which inhibit market access and the

flow of data

•Aid programs and measures for selected companies or sectors

• Formulate anti-dumping measures and discuss countervailing duties and the

safeguarding of duties

3

• Address licensing requirements as well as sanitary and phytosanitary

regulations

Discriminatory public

procurements

5 • Curb the preferential treatment of domestic and/or other favored suppliers

Migration measures 6 • Ease barriers preventing the movement of businesspeople and employees

6 key actionable types of protectionist measures

received mentions from Taskforce Members

Trade survey questions

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60

1. Ratify and implement the WTO Trade Facilitation Agreement

65% (24)

2. Rollback protectionism, focusing on non-tariff measures

5% (2)

3. Ensure preferential trade agreements (PTAs) complement the multilateral framework

19% (7)

4. Remove connectivity bottlenecks in the supply chain

0% (0)

5. Press for WTO progress on the trade-in-services agreement

11% (4)

17

▪ Infrustructure and Investment

Contents

18

Long list of issues to address

Recommendations Short Explanation

Reaffirm critical

importance of

infrastructure

Establish, publish and

deliver credible national

infrastructure pipelines

Implement transparent

infrastructure

procurement and

approvals process

1

2

• Develop national strategy of future infrastructure needs along with a

clear target for net public investment as a percentage of GDP

• Support multilateral initiatives, including the WB’s Global

Infrastructure Facility, to combine upstream and downstream

engagement, and ensure international standards are met.

• Publish a pipeline of all greenfield infrastructure projects, and a

transparent list of brownfield infrastructure assets for privatization,

along with economic and social benefits of privatization of each

asset.

• Define a major approvals pathway with clear criteria and time

limits; monitor and publicly report performance.

• Create a leading practice and data exchange (Global

Infrastructure Hub).

3

19

Preliminary list of issues to address

Recommendations Challenges to be addressed

Work towards greater

promotion and protection

of cross-border

investment

Increase the availability

of long-term financing for

investment

Protect private

investment

Ensure continued

participation of banking

sector as a key source of

infrastructure financing

4

5

7

• Draft an International Model Investment Treaty (IMIT) and bring

back last year’s recommendation on adopting the OECD

Declaration on International Investment

• Encourage Multilateral Development Banks and Development

Finance Institutions to develop local capital markets. Role central

banks and governments in developing capital markets needs to

highlighted.

• Develop infrastructure as a strong, viable asset class.

• Adjust individual country investment frameworks and policies so

that investors can buy protection against future policy changes.

• Establish leading practices to protect investors' creditor rights and

their enforceability

• Affirm the role of banking sector as one of the key sources of long

term investment and remove regulatory disincentives to long term

infrastructure financing by banks.

• Widen the scope to include insurance companies, pension

companies etc. as they are also impacted by Solvency II

6

20

Task force survey on recommendation prioritisation

Enable investors to buy protection against future policy changes 7.9

Comply with best practices for procurement 8.2

Develop national strategic vision of future infrastructure needs 8.6

Improve environment for cross-border investments 7.5

Support initiatives to ensure projects are prepared to best practice standards

Draft International Model Investment Treaty (IMIT)

Develop infrastructure as a viable asset class 7.9

7.4

Remove regulatory disincentives to banks 7.5

Encourage MDBs and DFIs act as the market maker

8.0

7.2

Publish brownfield pipeline for privatisation

Define a major approvals pathway with public monitor 8.1

Publish greenfield pipeline along with business case

8.0

8.1

Establish leading practices to protect creditor rights

7.7

Q: Prioritisation of emerging recommendations

Rating scale 1 – least important, 10- most important

1 A

3 F

2 C

3 E

2 D

6 L

6 K

5 J

2 B

4 H

7 M

4 G

5 I

RECOMMENDATIONS WITHIN G20 SCOPE

SOURCE: Priorisation survey, 42 responses

Feedback from advocacy discussions will serve as another input in prioritising recommendations

Infrastructure & Investment survey questions

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60

1. Establish, publish and deliver credible national infrastructure pipelines

12.5% (5)

2. Promote and protect cross-border capital flows and FDI

35.0% (14)

3. Develop standardized Public-Private-Partnership approaches

22.5% (9)

4. De-risk private infrastructure investment to encourage investment from the banking sector

5.0% (2)

5. Explore additional approaches to finance projects including Public-Private Partnerships, securitization, asset-based financing and activating sovereign wealth funds

25.0% (10)

22

Contents

▪ Financing Growth

23

B20 Australia Financing Growth Taskforce proposed five

recommendations

Recommendation Short description

Improving global

regulation of markets

Greater recognition of

emerging market

economies

Facilitating financial

inclusion

Facilitating greater

infrustructure financing

Removing impediments

to trade finance

1

2

3

4

5

• Enhance the regulatory agenda approach in 2015, avoid

hampering intermeditation and supply of credit

• Increasing the representation of emerging market

economies at global regulatory body

• Improve finacial inclusion of riskier members of the

community, especially SMEs and entrepreneurs

• Foster creation of financing mechanisms (bank and non-

bank) to increase infrustructure investments

• Develop solutions for cases where regulations restrict trade

finace

Moved under the

infrustructure and

Inverstments TF

24

Facilitating financial inclusion, with SME and high risk segment group,

is the most implementable recommendation

Facilitating financial inclusion

Improving global regulation

markets

Greater recognition of emerging

market economies

Removing impediments to trade

finance

Incoming recommendations Outcomes

Facilitating Financial Inclusion was selected as the central

topic for 2015

~60% of the participants voted Facilitating Financial

Inclusion as the most important and implementable

recommendation

The focus will be primarily on finding solutions to facilitating

SME financing; while suggestions regarding other excluded

members of the society are also welcome

The Taskforce will collect locally accepted solutions of

facilitating SME financing and disseminate this know-how

Remaining recommendations, especially improving global

regulation of markets, will also be addressed, primarily

with their relevance to implementation

Financing growth survey questions

Vote Trigger

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60

1. Finalize the core global financial reforms in 2014

14% (5)

2. Ensure emerging market economies are effectively represented in the international financial system

19% (7)

3. Review existing global rules where financial reforms unintentionally restrict financial inclusion

11% (4)

4. Review new and existing standards to support the availability of trade finance

17% (6)

5. Find solutions to facilitate SME financing

39% (14)

26

▪ Employment

Contents

27

B20 Australia Employment TF Recommendations for Implementation

Recommendations Short Explanation

Skills

Domestic Market

Mechanisms

2

3

Global Mobility 4 • More flexible in skills mobility

• True commercial hubs as solid job centers

• Better adaptation to offshoring/re-shoring

• Managing forced mobility

Implementation and

Monitoring

5 • Monitoring of adaption by G20 as commitments and enhancing

implementation plans with clear KPIs and best practices

Inclusivity 1

• Increasing youth employment

• Encouraging women participation

• Achieving a better balance of labour market flexibility and job security

• Developping skills for the digital age and its financing

• Developping relevant skills to boost entrepreneurship

• Industry-education alignment

• Re-training in traditional jobs

• Employment friendly growth regulation

• Regional market development

• Formalizing employment

• Better occupational H&S

Employment survey questions

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1. Ensure open access to employment opportunities to increase labor force participation rate

37% (13)

2. Adapt skills to continuous and disruptive changes to reduce skills mismatch

37% (13)

3. Provide supportive conditions for solid job creation by overcoming the skills mismatch

11% (4)

4. Increase the global mobility to attract and integrate talents

14% (5)

29

▪ Anti-Corruption

Contents

30

Summary of G20 and B20 Anti-Corruption plans 2015-2016

2015-16 G20 Anti-Corruption Action Plan

High priorities

• Beneficial ownership transparency

• Bribery

• High-risk sectors

• Public sector transparency and integrity

• International cooperation

• Private sector transparency and integrity

B20 Action Plan 6 Areas:

1. Self-reporting for companies 2. Beneficial ownership 3. High level reporting mechanisms for public offices 4. Customs 5. Public Procurement – best practices and

implementation of anti-corruption programs and transparency through technology

6. Training

2015-16 G20 Anti-Corruption Implementation Plan

6 Action areas for implementation of the plan:

1. Beneficial ownership transparency

2. Public sector transparency and integrity

3. Bribery

4. International cooperation

5. Preventing and combating corruption

in high-risk areas

6. Private sector transparency and integrity

B20 Recommendations • Harmonize regulation and incentivize

responsible business to build mechanisms for self -reporting

• Transparency of ownership

• Enforce existing conventions (OECD and UNCAC)

• Implement trade facilitation agreement

• Address corruption in trade negotiations

• Best practice in public procurement

• Incentivize responsible businesses with best anti-corruption

programs, use technology for transparency

• Provide concrete training specifically aimed at SMEs and

public officials

G20

B

20

31

1. Self-reporting

for companies

2. Beneficial

ownership

3. High Level

Reporting

Mechanisms

4. Customs 5. & 6. Public

Procurement 6. Training

1. Beneficial

ownership

transparency

Study on current

practices and

drive

implementation

2. Public sector

transparency and

integrity

Guidelines for

public

procurement

3. Bribery

4. International

cooperation

Focus on

implementation of

UNCAC & OECD

conventions

5. Preventing and

combating

corruption in high-

risk areas

Develop best

practices in

customs and

drive

implementation

6. Private sector

transparency and

integrity

B20 connection,

self-reporting for

firms and develop

guidelines

G20 p

lan

B20plan

Training for

SMEs/public

officials

Anticorruption survey questions

Vote Trigger

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60

1. Enforce applicable legal frameworks such as the OECD Anti-bribery Convention and UN Convention

27% (9)

2. Develop best practices in customs and drive implementation

9% (3)

3. Emphasize on use of technology through elimination of middleman improving transparency in the audit trail

18% (6)

4. Implement transparent (public) infrastructure procurement guidelines

24% (8)

5. Improve training for SMEs/public officials

21% (7)

33

▪ SME & Entrepreneurship

Contents

34

Long list of issues to address

Recommendations Challenges to be addressed

Access to international

markets

Access to finance

Access to talent

Access to Innovation

ecosystems and the

digital economy

1

2

4

• Complexity of international trade regulations

• Participation in Global Value Chains (GVCs)

• Mobility of talent in support of international business

• Access to (international) equity finance

• Access to debt finance

• Lack of transparent financial information on SMEs

• Inappropriate regulatory environment for new forms of funding

• Education systems are not inductive nor value embracing of

entrepreneurial careers

• Risk/reward of starting a business is not sufficiently attractive

compared to salaried positions

• Stigma associated with failing businesses limit risk taking

• Women are under-represented in terms of entrepreneurs

• Access to Innovation Ecosystems

• Win-win relationships between large companies and SMEs

• Access to digital infrastructure and data

• Access to skills to leverage digital opportunity

• Access to e-government

3

SMEs & Entrepreneurship survey questions

Vote Trigger

1. Enable SMEs to participate to global value chains and promote them use of global value chains to upgrade their skills and technologies

50% (17)

2. Foster cross-border equity investing that will help companies to start- and scale-up

6% (2)

3. Develop common documentation standards and regulations 12% (4)

4. Develop local innovation eco-systems and win-win relationships between SMEs/Startups and large corporations

9% (3)

5. Improve SMEs’ access to the digital economy and make sure them to get the most out of Internet economy

24% (8)

Vote Now

60

36

▪ Energy & Climate Change

Contents

37

Starting points for B20 Energy Dialogue Platform

Increase the uptake

of energy efficiency

De-risk and stimulate

new energy technologies

2

3

Improve global energy

governance framework

4

Access to energy for

sub-Saharan Africa

5

Improve conditions for

energy investment and trade

1

Energy & Environment survey questions

Vote Trigger

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60

1. Increase the uptake of energy efficiency

28% (11)

2. Minimize inefficient and wasteful energy subsidies that distort markets

21% (8)

3. Eliminate tariff and non-tariff barriers to trade in environmental goods and services

31% (12)

4. Implement predictable international carbon pricing

5% (2)

5. Improve global energy governance framework

15% (6)