Since 1999, the G-20 has contributed to strengthen the international financial architecture and to foster sustainable economic growth and development. The G20 now has a crucial role in driving forward work between advanced and emerging economies to tackle the international financial and economic crisis, restore worldwide financial stability, lead the international economic recovery and secure a sustainable future for all countries.
On the 2 April 2009 world leaders gathered in London to address the global financial crisis. This G20 summit 2009 was hosted by the United Kingdom.
Pittsburgh, Pennsylvania hosted the G-20 Summit September 24-25, 2009. The meeting of leaders from countries around the world represented 85 percent of the world’s economy. At the Pittsburgh G-20 Summit, leaders reviewed the progress made since the Washington and London Summits and discussed further actions to assure a sound and sustainable recovery from the global financial and economic crisis.