Север и рынок. 2023, № 2.

СЕВЕР И РЫНОК: формирование экономического порядка. 2023. № 2. С. 189-200. Sever i rynok: formirovanie ekonomicheskogo poryadka [The North and the Market: Forming the Economic Order], 2023, no. 2, pp. 189-200. НАУЧНЫЕ СООБЩЕНИЯ Fig. 3. G20 members that also have an Arctic interest as of 2023 (created by the authors) The Group of Twenty (G20) is the premier intergovernmental forum for international economic cooperation. The forum plays an important role in shaping and strengthening global architecture and governance on all major international economic issues. The G20 members represent around 85 % of the global GDP, over 75 % of the global trade, and about two-thirds of the world population. The G20 is extremely relevant to the Arctic. From Figure 3 it can be seen that: 16 G20 countries have a legitimate involvement in Arctic State interest through their membership as an Arctic State member or an Arctic Council State Observer. 8 G20 countries are Observer states (China, France, Germany, India, Italy, Japan, South Korea, UK); 2 G20 countries are Observer states (Poland, Spain) via their EU membership (EU being the 20th G20 member); 3 G20 countries are Arctic Council States (Denmark, Finland, Sweden) are via their EU membership (as above); 3 G20 countries are Arctic Council States (Russia, USA, Canada) directly through their Arctic Coastal boarders. The theme of India's G20 Presidency is "VasudhaivaKutumbakam" or "One Earth. One Family25. 25The Ministry of Earth Sciences - Overview of G20. https://moes.gov.in/ g20-india-2023/moes-g20?language_content_entity=en#:~:text=Vasudhaiva One Future". The priorities that India have set, as their agenda, for their presidency are: * Green Development, Climate Finance & Lifestyle for Environment (LiFE); * Accelerated, Inclusive & Resilient Growth; * Accelerating progress on Sustainable Development Goals (SDGs); *Technological Transformation & Digital Public Infrastructure; * Multilateral Institutions for the 21st century; * Women-led development. G20 Mechanism [3] operates through two parallel tracks: the Finance Track and the Sherpa Track. Within the two tracks there are thematically oriented working groups (WGs) in which representatives from the member countries, as well as from invited/ guest countries and various international organisations, participate. The "Sherpas" of member countries are personal emissaries of the leaders of their respective member states. Under the Sherpa Track there are 13 WGs and two "initiatives" to discuss priorities and provide recommendations. "Environment" and "Climate %20Kutumbakam%2C%20which%20translates%20to,Upanishad%2C%20an %20old%20Sanskrit%20scripture. ©Туинова С. С., Бакстер К., 2023 198