G20 finance ministers meeting: main points

November 08, 2009 10:15:19 AM

• A⁺ 
• A^-
• |
• 
• |
• 
• |
• 

Here are the main points from the communique issued at the end of the G20 finance ministers meeting in St Andrews, Scotland, on Saturday.

- The G20 pledged to "maintain support" for the economic recovery until it is secured. It acknowledged that recovery is "uneven" and "dependent on policy support".

- The grouping, which represents the world's richest and biggest emerging economies, also outlined a timetable on mutual monitoring of their economic policy.

This comes after G20 leaders crafted a "framework for strong, sustainable and balanced growth" at a summit in the US city of Pittsburgh in September.

- The meeting also pledged to work towards an "ambitious outcome" at the United Nations' Copenhagen summit on climate change in a month's time, which aims to cap harmful greenhouse gas emissions.

Although the communique said ministers had discussed climate finance for developing countries, no final figure was agreed, drawing criticism from campaigners.