Mobile Menu Overlay

The White House 1600 Pennsylvania Ave NW Washington, DC 20500

FACT SHEET: Delivering an Ambitious Agenda for the   G20

When President Biden took office, he committed to restore the United States’ leadership role in the world, rebuild our relationships abroad, and champion an economic agenda at home and abroad to deliver sustainable and inclusive growth for American families—and families everywhere. This week, at the G20 Summit in New Delhi, President Biden continued to deliver on those commitments. Leading by example and working with partners around the world, the United States and the G20 delivered for developing countries, for our shared planet, and for an inclusive and responsible digital transformation. At a moment when the global economy is suffering from the overlapping shocks of the climate crisis, fragility, and conflict—including the immense suffering unleashed by Russia’s war in Ukraine—this year’s Summit proved that the G20 can still drive solutions to our most pressing issues. The United States is committed to the G20 and to building on the progress made in India’s G20 Presidency, starting with Brazil’s Presidency in 2024 and South Africa’s Presidency in 2025. In a sign of the President’s steadfast commitment to the G20 as the premier forum for international economic cooperation, the United States will host the G20 in 2026. As President Biden called for last year at the U.S.-Africa Leaders’ Summit, the United States is also pleased to have supported and now welcome the African Union as a permanent member of the G20, a reflection of both the G20’s vitality and the important role of Africa in the global economy. Delivering for Developing Countries At the midpoint of the 2030 Agenda for Sustainable Development, compounding crises have resulted in a stalling or reversal of development gains. In New Delhi, President Biden and other G20 leaders committed to implement the G20 2023 Action Plan to Accelerate the Sustainable Development Goals (SDGs). The United States remains committed to the full implementation of the 2030 Agenda, both at home and around the world. At home, President Biden is rebuilding the American economy from the bottom up and middle out and making historic investments in our infrastructure, our people, and our climate. These policies have enabled the United States to have the strongest recovery of any major economy. As the world’s largest bilateral donor of official development assistance, the United States is working to help develop countries support their development priorities in areas like inclusive growth, infrastructure, education, health and health security, and resilient and sustainable food systems. Recognizing that public funding alone is not enough, President Biden is championing an ambitious agenda to mobilize significant additional financing for development from all sources—public and private, domestic and international. At the G20, he delivered key elements of that agenda.

  • Delivering a better, bigger, more effective World Bank.  The United States is championing a major effort to fundamentally reshape the multilateral development banks to meet 21 st  century challenges. Over the last year, the World Bank, with the backing of the G20, has made meaningful progress in unlocking new financing capacity and advancing operational reforms. Under Ajay Banga’s leadership, the World Bank is set to play a transformative role in addressing global challenges. Last month, President Biden asked Congress for funds to unlock more than $25 billion in World Bank Group concessional financing. In New Delhi, he rallied G20 partners to agree to collectively mobilize more headroom and concessional finance to boost the World Bank’s capacity to support low- and middle-income countries. This initiative will make the Bank a better and bigger institution able to provide resources at the scale and speed needed to tackle global challenges and address the urgent needs of the poorest countries.
  • Supporting countries that fall into economic crisis.  President Biden called on the G20 as leaders in the global economy to provide meaningful debt relief so that low- and middle-income countries can regain their footing as they seek to recover from compounding economic shocks in the last few years, and invest in critical development needs. Leaders in New Delhi committed to redouble efforts to resolve ongoing debt distress cases—like Ghana and Sri Lanka. President Biden made it clear that the United States expects meaningful progress by the World Bank and IMF Annual Meetings in October. 
  • Make financing more sustainable . President Biden pressed leaders to think beyond our current frameworks to provide new solutions to help translate unsustainable debt into transformative investments. The U.S. Development Finance Corporation has provided such financing to facilitate more than $1 billion in debt for nature swaps in the Western Hemisphere and Africa—unlocking funds for countries to tackle the climate and biodiversity crises and to invest in other critical development needs. At the G20, President Biden also pressed all creditors—including the private sector and multilateral development banks—to offer climate resilient debt clauses in their lending. The U.S. Export Import Bank is preparing to do so in select bilateral lending, in line with its governance framework.
  • Developing transformative economic corridors and scaling high-quality investments through the Partnership for Global Infrastructure and Investment (PGI).  At an event co-hosted by President Biden and Prime Minister Modi, President Biden and partners announced a landmark India-Middle East-Europe Economic Corridor that will usher a new era of connectivity from Europe to Asia, facilitating global trade, as well as cooperation on energy and digital connectivity. President Biden also announced a new partnership with the European Union to expand investments in the Lobito Corridor. The President called on partners to deploy public capital to strategically leverage the expertise and financing of the private sector to help secure and diversify 21st century energy supply chains, expand digital connectivity, increase electricity access, bolster food security, and strengthen health systems.

Working for a Just Peace in Ukraine President Biden is engaging with countries around the world in pressing for a just peace in Ukraine based on sovereignty and territorial integrity. One and a half years after Russia’s illegal and unjustified aggression against Ukraine, G20 leaders joined President Biden in welcoming efforts to secure “a just peace that upholds all the Purposes and Principles of the UN Charter.” G20 leaders emphasized that countries must refrain from the threat or use of force to seek territorial acquisition against any state’s territorial integrity and sovereignty. G20 leaders also united in highlighting the human suffering and severe economic impacts of the war against Ukraine. The statement highlighted that major economies from around the world – including Brazil, India, South Africa – are united in the need for Russia to uphold international law including territorial integrity and sovereignty.  Delivering on Food Security Since the beginning of his Administration, President Biden has made global food security a priority and galvanized collective action to respond to the global food crisis. The United States has committed more than $15.2 billion in critical humanitarian assistance and medium- to long-term food security investments around the world. These investments have helped countries address acute needs and avert famine, as well as diversify their supply chains. At the G20, President Biden championed an agenda focused on mitigating the acute food crises the world is facing today, as well as working together with G20 countries to mitigate against future shocks. 

  • Addressing the food security crisis exacerbated by Russia’s unlawful war in Ukraine.  Russia has intensified its attack on global food security with its July decision to withdraw from the Black Sea Grain Initiative (BSGI)—which was responsible for nearly 33 million tons of food exports, about two-thirds of which went directly to middle- and lower-income countries—and its attacks on Ukraine’s port infrastructure to prevent Ukrainian grain shipments from getting to those who need it most. The United States continues to lead the charge to mitigate the impact of Russia’s invasion on world food security and to provide food assistance to the most vulnerable populations in the world. In addition to the more than $15.2 billion that the United States has provided since 2021 to address famine and food insecurity, the Biden-Harris Administration and G7 leaders have rallied the world to contribute an additional over $4.5 billion for acute and medium to long term food security assistance, half of which came from the United States. At the G20, President Biden was unequivocal in calling on Russia to stop weaponizing food, which is causing immense human suffering around the world. G20 leaders united to call for the full, timely and effective implementation of the BSGI.   
  • Building more resilient food systems to mitigate against future food shocks . Collective G20 action is necessary to help address global food, climate, and supply chain shocks, prevent hunger and build more sustainable, inclusive, and resilient agriculture and food systems. In New Delhi, President Biden joined G20 leaders in committing to keep food supply chains and trade open, including for agricultural inputs like fertilizer and seeds; adopt and expand climate-smart agricultural practices; invest in critical agricultural infrastructure; promote innovative agricultural research and innovation; and use digital technology to help lower production and transportation costs and diversify access to new global food markets.

Delivering on Global Health Challenges The United States is the world’s largest bilateral donor for global health and is committed to working alongside the G20 to build a safer, more equitable future. This includes working together to invest in health equity through vaccine distribution, expanding and improving access to health systems, and facilitating the availability of quality services to historically marginalized groups. It also includes strengthening health systems and institutions; combatting infectious diseases including HIV/AIDS, tuberculosis and malaria; advancing sexual and reproductive health and rights, and accelerating efforts towards universal health coverage.

  • Improving pandemic preparedness and response.  Last year, President Biden galvanized the world to help launch a new Pandemic Fund to fill critical gaps in pandemic preparedness and global health security, committing $450 million and unlocking an additional $1 billion in initial contributions from nearly two dozen countries and philanthropies. This year, the Pandemic Fund is a reality, and recently concluded its first call for proposals, approving $338 million in grants to 37 countries across 6 regions to strengthen disease surveillance and early warning systems and laboratories. In New Delhi, President Biden made it clear that the G20 cannot lose its focus on improving pandemic preparedness, prevention, and response. To this end, he has committed an additional $250 million in planned funds to the Pandemic Fund.
  • Building stronger health systems.  As we emerge from the acute phase of the COVID-19 pandemic, many countries’ health systems are struggling to restore access to basic services, like routine childhood immunization and maternal health care. To help the world get back on track, President Biden launched the  Global Health Worker Initiative  in 2022, recognizing that a health workforce that is supported, equipped, and protected is necessary to reclaim lost ground from the pandemic and prepare for future health threats. President Biden urged G20 leaders to commit to reverse the first global decline in life expectancy in more than seven decades. G20 leaders committed to work together to strengthen primary health care and restore essential health services to better than pre-pandemic levels by the end of 2025.  
  • Tackling the overdose crisis : G20 leaders came together for the first time to elevate counternarcotics challenges, and synthetic drugs in particular, as a G20 priority. Leaders recognized the shared public health threats posed by synthetic drugs and committed to enhanced information sharing and capacity building to address these challenges, advancing the critical actions the Biden-Harris Administration is taking to address the overdose crisis at home.

Delivering for Our Planet Building a clean energy economy here at home is one of President Biden’s top priorities. But climate change is an issue that requires global action, and the G20 is collectively responsible for about 80 percent of global emissions. In New Delhi, President Biden secured commitments to ensure the G20 continues to set its collective ambition high to address the climate crisis.

  • Tripling global renewable energy capacity by 2030.  At home, President Biden signed into law the Inflation Reduction Act (IRA) to increase investments in clean energy technologies. Outside estimates report that the IRA has already created more than 170,000 jobs and will create 1.5 million over the next decade. And the IRA will expand clean energy supply, speed global adoption, and drive down technology costs by as much as 25 percent globally. I In New Delhi, President Biden and G20 leaders committed to pursue efforts to triple global renewable energy capacity by 2030, encouraging more countries to follow the IRA playbook of investing in clean energy manufacturing and deployment, creating jobs, and fighting climate change.
  • Recognizing the need to peak global emissions by 2025 . President Biden successfully urged the G20 to join together in acknowledging, for the first time, the need to peak global emissions by no later than 2025, and to reduce greenhouse gas emissions by 43 percent by 2030, and 60 percent by 2035, relative to 2019 levels. The Intergovernmental Panel on Climate Change has said that these actions are critical to achieving global net zero greenhouse gas emissions/carbon neutrality by or around mid-century and limiting warming to 1.5 degrees Celsius.
  • Encouraging countries to incorporate economy-wide targets covering all greenhouse gases into their nationally determined contributions.  G20 nations have the ability to reduce their emissions in a way that meaningfully supports the full and effective implementation of the Paris Agreement and its temperature goals. With President Biden’s leadership, G20 countries for the first time urged all countries to include economy-wide targets covering all greenhouse gases in upcoming cycles for Nationally Determined Contributions (NDCs).
  • Launching the Global Biofuels Alliance.  Sustainable biofuels are critical to facilitating net zero by 2050. Advanced biofuels can be sustainably produced from abundant organic material—and supplied by reliable trading partners like the United States. In New Delhi, the G20 Presidency launched the Global Biofuels Alliance with the United States as a founding member along with India, Brazil, Italy, Canada, Argentina, and South Africa. This new Alliance will bring countries together to expand and create new markets for sustainable biofuels.

Delivering an Inclusive and Responsible Digital Transformation The digital transformations underway offer the potential to improve the lives of our citizens if they are harnessed responsibly and in a way that drives broadly shared growth. In order to realize the benefits of these technologies, President Biden believes it is necessary to address the barriers to inclusive access and to shape regulatory and governance approaches to maximize their benefits while mitigating their risks. This is the agenda that he championed in New Delhi.

  • Harnessing AI responsibly, for good and for all.  President Biden championed an approach to AI that includes a commitment to responsible AI development, deployment, and use, to leverage AI to solve pressing challenges while protecting people’s rights and safety.
  • Cutting the digital gender divide in half by 2030.  Globally, approximately 260 million more men than women were using the internet in 2022—a divide that undermines women’s full participation in the 21 st  century economy. President Biden successfully secured a commitment from G20 leaders to halve the digital gender gap by 2030. To help meet this commitment, the United States announced a Women in the Digital Economy Initiative, convening partners from government, the private sector, and civil society to accelerate efforts to close the gender digital divide.
  • Improving access to digital services to boost sustainable and inclusive growth.  President Biden joined other G20 leaders in taking steps towards unlocking the benefits of digital public infrastructure (DPI), stressing the importance of prioritizing secure, inclusive, and accountable approaches to DPI, built and leveraged by both the public and private sectors, that respect human rights and protect personal data, privacy, and intellectual property rights.

Stay Connected

We'll be in touch with the latest information on how President Biden and his administration are working for the American people, as well as ways you can get involved and help our country build back better.

Opt in to send and receive text messages from President Biden.

g20 presentation pdf 2023

Animated Presentation

  • Brand Logos
  • Festive Greetings
  • Become Contributor

g20 presentation pdf 2023

Because (Every) Presentation Matters!

Discover template is an invite only platform for authors and we only work with handful of best authors.

  • Slide Templates
  • G20 Summit 2023 – PowerPoint

g20 presentation pdf 2023

Application Supported

Please create an account to save this item for later.

Did you like it?

Average rating / 5. Ratings

Share with the world

g20 presentation pdf 2023

G20 Summit 2023

The G20 Summit 2023  is an upcoming event that brings together the world’s most influential leaders to discuss and address pressing global challenges. This summit is a platform for countries to collaborate, exchange ideas and formulate policies that drive economic growth, promote sustainable development and enhance global stability.

At this summit, leaders will come together to address key issues facing the world today, including climate change, economic inequality, and pandemic response. They will share their insights and expertise, and work towards developing solutions that will drive global progress. It will provide a platform for businesses to connect with policymakers, build relationships, and create opportunities for growth and innovation.

Free presentation template on G20 Summit 2023

  The G20 2023 Summit Presentation Template is now available for free download and can be customized to fit your specific needs. This template is a valuable resource for creating presentations that showcase your brand, connect with global leaders, and drive economic growth. It’s perfect for startups, multinational corporations, and investors who want to create impactful presentations that leave a lasting impression. With its customizable features, you can tailor your presentation to your audience and communicate your message effectively. Download the G20 2023 Summit Presentation Template today and make your presentation stand out!

Product Highlights

  • Vector graphics, Fully-editable templates
  • Subject-based imagery
  • Theme-based colors
  • Premium quality designs
  • Widescreen 16:9 template
  • Easy Font Change, Free Google Fonts used

Related Presentation Assets

Genetics Presentation Template – Google Slides

Genetics Presentation Template – Google Slides

12 Slides | 16:9 Widescreen | Editable Google Slides

Genetics Presentation Template – Keynote

Genetics Presentation Template – Keynote

12 Slides | 16:9 Widescreen | Editable Keynote

Genetics Presentation Template – PowerPoint

Genetics Presentation Template – PowerPoint

12 Slides | 16:9 Widescreen | Editable PowerPoint

Swiss Re Logo: Leading the Way in Reinsurance and Risk Management

Swiss Re Logo: Leading the Way in Reinsurance and Risk Management

Logo | 1:1 Ratio | Editable EPS, JPEG, SVG, PNG

Suzuki Logo: Driving Innovation in Automobiles and Motorcycles

Suzuki Logo: Driving Innovation in Automobiles and Motorcycles

SunTrust Logo: Banking

SunTrust Logo: Banking

Help us keep the discover template always free.

  • Presentation Icons
  • Social Templates
  • Animated GIFs

Infographics

  • Consulting Frameworks
  • Pre-made topical Decks
  • Book Summary Decks
  • Gamification
  • Process automation
  • Presentation Concepts
  • PowerPoint Tutorials
  • Keynote Tutorials
  • Google Slide Tutorials
  • About Discover Template
  • Our Promise
  • Our Journey

g20 presentation pdf 2023

Developed by WebbyCrown Solutions

  • Energy & Environment ›

Industry-specific and extensively researched technical data (partially from exclusive partnerships). A paid subscription is required for full access.

Total electricity generation in G20 countries in 2023

Use of renewable sources of power generation in 2023 was led by Brazil at a share of 89 percent of total output, the largest among the G20 countries. South Korea accounted for the highest use of non-renewable fuel sources, generating 91 percent of total electricity from them in the same year.

Share of total electricity generation in G20 countries in 2023, by source

CharacteristicNon-renewableWind and solarHydroBioenergyOther renewables
------
------
------
------
------
------
------
------
------
------
------
------
------
------
------
------
------
------
------

To access all Premium Statistics, you need a paid Statista Account

  • Immediate access to all statistics
  • Incl. source references
  • Download as PDF, XLS, PNG and PPT

Additional Information

Show sources information Show publisher information Use Ask Statista Research Service

August 2024

Data for Saudi Arabia not available

Other statistics on the topic

  • U.S. electric utility employment 2022, by energy technology
  • O&M costs of new power plants in the U.S. 2022, by technology
  • Energy capacity factors in the U.S. 2023, by source
  • World's largest geothermal stations 2021

To download this statistic in XLS format you need a Statista Account

To download this statistic in PNG format you need a Statista Account

To download this statistic in PDF format you need a Statista Account

To download this statistic in PPT format you need a Statista Account

As a Premium user you get access to the detailed source references and background information about this statistic.

As a Premium user you get access to background information and details about the release of this statistic.

As soon as this statistic is updated, you will immediately be notified via e-mail.

… to incorporate the statistic into your presentation at any time.

You need at least a Starter Account to use this feature.

  • Immediate access to statistics, forecasts & reports
  • Usage and publication rights
  • Download in various formats

* For commercial use only

Basic Account

  • Free Statistics

Starter Account

  • Premium Statistics

The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

  • Free + Premium Statistics
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Statistics on " Geothermal energy in the U.S. "

  • Global geothermal energy capacity 2009-2023
  • Global geothermal capacity additions 2022, by country
  • Global geothermal cumulative capacity by country 2023
  • Global geothermal energy produced in 2021, by country
  • Global geothermal power installed cost 2010-2022
  • Global average LCOE of geothermal energy 2010-2022
  • Global geothermal capacity outlook by region 2025
  • Renewables: total geothermal power capacity in the U.S. 2018
  • U.S. renewable energy: leading states in geothermal capacity 2018
  • U.S. geothermal power plants 2023, by state
  • Net power production in the U.S. 1950-2023
  • Electricity generation in the U.S. 1990-2023, by fuel
  • Geothermal power generation in the U.S. 2005-2023
  • Geothermal energy consumption in the U.S. 2005-2023
  • U.S. state geothermal electric power consumption 2022
  • U.S. geothermal energy consumption 2023, by sector
  • Industrial sector's geothermal energy consumption in the U.S. 2010-2022
  • Employees in power generation sector in the United States Q4 2022, by energy source

Other statistics that may interest you Geothermal energy in the U.S.

  • Premium Statistic Global geothermal energy capacity 2009-2023
  • Premium Statistic Global geothermal capacity additions 2022, by country
  • Premium Statistic Global geothermal cumulative capacity by country 2023
  • Premium Statistic Global geothermal energy produced in 2021, by country
  • Basic Statistic Global geothermal power installed cost 2010-2022
  • Premium Statistic Global average LCOE of geothermal energy 2010-2022
  • Premium Statistic Global geothermal capacity outlook by region 2025

Geothermal plants

  • Premium Statistic Renewables: total geothermal power capacity in the U.S. 2018
  • Premium Statistic U.S. renewable energy: leading states in geothermal capacity 2018
  • Premium Statistic U.S. geothermal power plants 2023, by state
  • Basic Statistic World's largest geothermal stations 2021

Electricity production

  • Premium Statistic Net power production in the U.S. 1950-2023
  • Basic Statistic Electricity generation in the U.S. 1990-2023, by fuel
  • Premium Statistic Geothermal power generation in the U.S. 2005-2023
  • Basic Statistic Energy capacity factors in the U.S. 2023, by source

Consumption

  • Basic Statistic Geothermal energy consumption in the U.S. 2005-2023
  • Premium Statistic U.S. state geothermal electric power consumption 2022
  • Basic Statistic U.S. geothermal energy consumption 2023, by sector
  • Premium Statistic Industrial sector's geothermal energy consumption in the U.S. 2010-2022
  • Basic Statistic O&M costs of new power plants in the U.S. 2022, by technology
  • Basic Statistic Employees in power generation sector in the United States Q4 2022, by energy source
  • Basic Statistic U.S. electric utility employment 2022, by energy technology

Further Content: You might find this interesting as well

The 2024 Wild Sheep Show Permits Presentation

A person stands in front of seated people, holding a microphone, and next to a projector screen that has the title, "USFWS Branch of Permits"

  • Thumbnail (130 x 130) 15.2K
  • Medium (650 x 444) 166.2K
  • Large (1300 x 889) 506.9K
  • Extra Large (2600 x 1778) 1.4M
  • Original (3870 x 2646) 2.5M

Don Morgan/USFWS

Main Navigation

  • Contact NeurIPS
  • Code of Ethics
  • Code of Conduct
  • Create Profile
  • Journal To Conference Track
  • Diversity & Inclusion
  • Proceedings
  • Future Meetings
  • Exhibitor Information
  • Privacy Policy

NeurIPS 2024, the Thirty-eighth Annual Conference on Neural Information Processing Systems, will be held at the Vancouver Convention Center

Monday Dec 9 through Sunday Dec 15. Monday is an industry expo.

g20 presentation pdf 2023

Registration

Pricing » Registration 2024 Registration Cancellation Policy »

Conference Hotels NeurIPS has contracted Hotel guest rooms for the Conference at group pricing, requiring reservations only through this page. Please do not make room reservations through any other channel, as it only impedes us from putting on the best Conference for you. We thank you for your assistance in helping us protect the NeurIPS conference.

Announcements

  • See the Visa Information page for changes to the visa process for 2024.
  • The  accepted competitions  have been released.

Latest NeurIPS Blog Entries [ All Entries ]

Aug 02, 2024
Jun 19, 2024
Jun 04, 2024
May 17, 2024
May 07, 2024
Apr 17, 2024
Apr 15, 2024
Mar 03, 2024
Dec 11, 2023
Dec 10, 2023

Important Dates

Mar 15 '24 11:46 AM PDT *
Apr 05 '24 (Anywhere on Earth)
Apr 21 '24 (Anywhere on Earth)
Main Conference Paper Submission Deadline May 22 '24 01:00 PM PDT *
May 22 '24 01:00 PM PDT *
Jun 14 '24 (Anywhere on Earth)
Sep 05 '24 (Anywhere on Earth)
Main Conference Author Notification Sep 25 '24 06:00 PM PDT *
Datasets and Benchmarks - Author Notification Sep 26 '24 (Anywhere on Earth)
Workshop Accept/Reject Notification Date Oct 09 '24 (Anywhere on Earth)
Oct 23 '24 (Anywhere on Earth)
Oct 30 '24 (Anywhere on Earth)
Nov 15 '24 11:00 PM PST *

Timezone:

If you have questions about supporting the conference, please contact us .

View NeurIPS 2024 exhibitors » Become an 2024 Exhibitor Exhibitor Info »

Organizing Committee

General chair, program chair, workshop chair, workshop chair assistant, tutorial chair, competition chair, data and benchmark chair, diversity, inclusion and accessibility chair, affinity chair, ethics review chair, communication chair, social chair, journal chair, creative ai chair, workflow manager, logistics and it, mission statement.

The Neural Information Processing Systems Foundation is a non-profit corporation whose purpose is to foster the exchange of research advances in Artificial Intelligence and Machine Learning, principally by hosting an annual interdisciplinary academic conference with the highest ethical standards for a diverse and inclusive community.

About the Conference

The conference was founded in 1987 and is now a multi-track interdisciplinary annual meeting that includes invited talks, demonstrations, symposia, and oral and poster presentations of refereed papers. Along with the conference is a professional exposition focusing on machine learning in practice, a series of tutorials, and topical workshops that provide a less formal setting for the exchange of ideas.

More about the Neural Information Processing Systems foundation »

NeurIPS uses cookies to remember that you are logged in. By using our websites, you agree to the placement of cookies.

Press Release

Amd to significantly expand data center ai systems capabilities with acquisition of hyperscale solutions provider zt systems.

  — Strategic acquisition to provide AMD with industry-leading systems expertise to accelerate deployment of optimized rack-scale solutions addressing $400 billion data center AI accelerator opportunity in 2027 —

  • ZT Systems, a leading provider of AI and general purpose compute infrastructure for the world’s largest hyperscale providers, brings extensive AI systems expertise that complements AMD silicon and software capabilities 
  • Addition of world-class design and customer enablement teams to accelerate deployment of AMD AI rack scale systems with cloud and enterprise customers 
  • AMD to seek strategic partner to acquire ZT Systems’ industry-leading manufacturing business 
  • Transaction expected to be accretive on a non-GAAP basis by the end of 2025

SANTA CLARA, Calif., Aug. 19, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced the signing of a definitive agreement to acquire ZT Systems , a leading provider of AI infrastructure for the world’s largest hyperscale computing companies. The strategic transaction marks the next major step in AMD’s AI strategy to deliver leadership AI training and inferencing solutions based on innovating across silicon, software and systems. ZT Systems’ extensive experience designing and optimizing cloud computing solutions will also help cloud and enterprise customers significantly accelerate the deployment of AMD-powered AI infrastructure at scale.

AMD has agreed to acquire ZT Systems in a cash and stock transaction valued at $4.9 billion, inclusive of a contingent payment of up to $400 million based on certain post-closing milestones. AMD expects the transaction to be accretive on a non-GAAP basis by the end of 2025.

“Our acquisition of ZT Systems is the next major step in our long-term AI strategy to deliver leadership training and inferencing solutions that can be rapidly deployed at scale across cloud and enterprise customers,” said AMD Chair and CEO Dr. Lisa Su . “ZT adds world-class systems design and rack-scale solutions expertise that will significantly strengthen our data center AI systems and customer enablement capabilities. This acquisition also builds on the investments we have made to accelerate our AI hardware and software roadmaps. Combining our high-performance Instinct AI accelerator, EPYC CPU, and networking product portfolios with ZT Systems’ industry-leading data center systems expertise will enable AMD to deliver end-to-end data center AI infrastructure at scale with our ecosystem of OEM and ODM partners.”

Headquartered in Secaucus, New Jersey, ZT Systems has more than 15 years of experience designing and deploying data center AI compute and storage infrastructure at scale for the largest global cloud companies. ZT Systems’ design, integration, manufacturing and deployment capabilities have made them one of the leading providers of AI training and inference infrastructure.

“We are excited to join AMD and together play an even larger role designing the AI infrastructure that is defining the future of computing,” said Frank Zhang, CEO of ZT Systems. “For almost 30 years we have evolved our business to become a leading provider of critical computing and storage infrastructure for the world’s largest cloud companies. AMD shares our vision for the important role our technology and our people play designing and building the computing infrastructure powering the largest data centers in the world.”

Following transaction close, ZT Systems will join the AMD Data Center Solutions Business Group. ZT CEO Frank Zhang will lead the manufacturing business and ZT President Doug Huang will lead the design and customer enablement teams, both reporting to AMD Executive Vice President and General Manager Forrest Norrod . AMD will seek a strategic partner to acquire ZT Systems’ industry-leading U.S.-based data center infrastructure manufacturing business.

The acquisition of ZT Systems marks the latest in a series of investments by AMD to significantly strengthen the company’s AI capabilities. In the last 12 months, in addition to increasing organic R&D activities, AMD has invested more than $1 billion to expand the AMD AI ecosystem and strengthen the company’s AI software capabilities.

Additional Transaction Details   The transaction has been unanimously approved by the AMD Board of Directors. The acquisition is currently expected to close in the first half of 2025, subject to certain regulatory approvals and other customary closing conditions.

Conference Call and Webcast Details  AMD will hold a conference call for the financial community at 8:30 am EDT today to discuss the transaction. AMD will provide a real-time audio broadcast of the teleconference on the Investor Relations page of its website at  ir.amd.com . The webcast will be available for 12 months after the conference call.

Advisors  Citi is acting as exclusive financial advisor to AMD and Latham & Watkins LLP is serving as its legal advisor. Goldman Sachs & Co. LLC is acting as exclusive financial advisor to ZT Systems and Paul, Weiss, LLP is serving as its legal advisor.

About AMD   For more than 50 years AMD has driven innovation in high-performance computing, graphics and visualization technologies. AMD employees are focused on building leadership high-performance and adaptive products that push the boundaries of what is possible. Billions of people, leading Fortune 500 businesses and cutting-edge scientific research institutions around the world rely on AMD technology daily to improve how they live, work and play. For more information about how AMD is enabling today and inspiring tomorrow, visit the AMD (NASDAQ: AMD) website , blog , LinkedIn and X pages.

About ZT Systems   ZT Systems is a leading supplier of hyperscale server solutions for cloud computing and artificial intelligence. With over 29 years of experience, ZT Systems is headquartered in Secaucus, NJ. Global manufacturing spanning the US, EMEA and APAC helps ZT Systems deliver on our mission of empowering our digital world with the most advanced technology infrastructure for cloud and AI. Learn more at   ztsystems.com .

Cautionary Statement   The statements in this press release include forward-looking statements concerning Advanced Micro Devices, Inc. (AMD), ZT Systems, the proposed transaction described herein and other matters. Forward-looking statements may discuss goals, intentions and expectations as to future plans, trends, events, results of operations or financial condition, or otherwise, based on current beliefs and involve numerous risks and uncertainties that could cause actual results to differ materially from expectations. Forward-looking statements speak only as of the date they are made or as of the dates indicated in the statements and should not be relied upon as predictions of future events, as there can be no assurance that the events or circumstances reflected in these statements will be achieved or will occur. Forward-looking statements can often, but not always, be identified by the use of forward-looking terminology including “believes,” “expects,” “may,” “will,” “should,” “seeks,” “intends,” “plans,” “pro forma,” “estimates,” “anticipates,” “designed,” or the negative of these words and phrases, other variations of these words and phrases or comparable terminology. The forward-looking statements in this press release relate to, among other things, data center AI accelerator opportunity, obtaining applicable regulatory approvals, satisfying other closing conditions to the transaction, the expected timing of the transaction, and the integration of the businesses, sale of ZT Systems’ manufacturing business, and the expected benefits, accretion, synergies and growth to result therefrom. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those contemplated by the statements. These risks include, among other things: failure to obtain applicable regulatory approvals in a timely manner or otherwise; failure to satisfy other closing conditions to the transaction or to complete the transaction on anticipated terms and timing; negative effects of the announcement of the transaction; risks that the businesses will not be integrated successfully, the ability of AMD to sell ZT Systems’ manufacturing business on a timely basis or at all, or that AMD will not realize expected benefits, cost savings, accretion, synergies and/or growth, or that such benefits may take longer to realize than expected; the risk that disruptions from the transaction will harm business plans and operations; risks relating to unanticipated costs of integration and sale of ZT Systems’ manufacturing business; significant transaction, integration and separation costs, or difficulties and/or unknown or inestimable liabilities in connection with the transaction or sale of ZT Systems’ manufacturing business; restrictions during the pendency of the transaction that may impact the ability to pursue certain business opportunities or strategic transactions; the potential impact of the announcement or consummation of the transaction or sale of ZT’s System’s manufacturing business on AMD’s, ZT Systems’ or the combined company’s relationships with suppliers, customers, employees and regulators; and demand for AMD’s, ZT Systems’, or the combined company’s products.  For a discussion of factors that could cause actual results to differ materially from those contemplated by forward-looking statements, see the section captioned “Risk Factors” in AMD’s Annual Report on Form 10-K for the fiscal year ended December 30, 2023, subsequent Quarterly Reports on Form 10-Q and other filings with the SEC. While the list of factors presented here is considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. Unlisted factors may present significant additional obstacles to the realization of forward looking statements. AMD does not assume, and hereby disclaims, any obligation to update forward-looking statements, except as may be required by law.

© 2024 Advanced Micro Devices, Inc. All rights reserved. AMD, the AMD Arrow logo, AMD Instinct, AMD EPYC and combinations thereof are trademarks of Advanced Micro Devices, Inc.

Media Contact:   Drew Prairie   AMD Communications  512-602-4425  [email protected]  

Investor Contact:   Mitch Haws   AMD Investor Relations  408-749-3124  [email protected]

Primary Logo

Released August 19, 2024

g20 presentation pdf 2023

IMAGES

  1. Free G20 Summit 2023

    g20 presentation pdf 2023

  2. Free G20 Summit 2023

    g20 presentation pdf 2023

  3. Free G20 Summit 2023

    g20 presentation pdf 2023

  4. Free G20 Summit 2023

    g20 presentation pdf 2023

  5. G20

    g20 presentation pdf 2023

  6. Free G20 Summit 2023

    g20 presentation pdf 2023

COMMENTS

  1. PDF New Delhi Leaders' Declaration Final Adoption

    Preamble. We are One Earth, One Family, and we share One Future. We, the Leaders of the G20, met in New Delhi on 9-10 September 2023, under the theme 'Vasudhaiva Kutumbakam'. We meet at a defining moment in history where the decisions we make now will determine the future of our people and our planet.

  2. PDF India'S G20 Presidency: a Synopsis

    INDIA'S G20 PRESIDENCY: A SYNOPSIS The New Delhi G20 Leaders' Summit held on 9-10 September 2023 brought the deliberations under our G20 Presidency to a successful culmination. With G20 including all P5 countries, and accounting for 85% of global GDP, 75% of world trade and 2/3rd of world

  3. PDF G20-2023 New Delhi Summit

    The Group of 20 (G20), a forum of 19 major economies1 and the European Union, represents around 85% of global GDP, over 75% of global trade, and about two-thirds of the world population. The group aims to promote international financial stability and sustainable economic growth through policy coordination and cooperation.

  4. PDF THE ROADMAP TO INDIAN PRESIDENCY

    G20@2023 The Roadmap to Indian Presidency. India would be holding the G20 Presidency from December 1st, 2022. For a nation deeply committed to multilateralism and democracy, the G20 Presidency would be a very significant moment in India's history. Since Independence, India has engaged with multilateral institutions, and contributed to ...

  5. PDF DEVELOPMENT WORKING GROUP 2023 G20 New Delhi Update

    The Indian G20 Presidency's commitment to enhance the visibility, credibility and continuity of the G20's actions for development for accountability is exemplified in the 2023 G20 New Delhi Update. Recognising the collective responsibility of the G20 to bring SDG progress on track and ensure that

  6. PDF G20 Series #101

    tember 25, 2023"India's G-20 presidency has become a symbol of inclusion, both within the country and beyond, representing the spirit o. 'Sabka Saath'. It has become a 'P. ople's G-20'. Millions of Indians have eng. r Narendra ModiThe globally awaited 18th G20 Leaders' Summit was held at Bharat Mandapam in New Delhi from September 9 -10 ...

  7. PDF India's G20 Presidency

    G20 Series #27 India's G20 Presidency G20 Foreign Ministers' Meeting (New Delhi - March 01-02, 2023) (Ministry of Information and Broadcasting) March 20, 2023 "The G20 has a critical role to play in finding the right balance between growth and efficiency on one hand and resilience on the other.

  8. PDF India's G20 Presidency

    Civil 20 (C20) Engagement Group. lture) April 19, 2023 "India's G-20 presidency will be inclusive, ambitious, decis. ve, and action-oriented. India will strive to ensure that the G-20 acts as a global "prime mover" to envision new ideas and accelerate collective action o. e Minister Narendra ModiCivil 20 (C20) India 2023 is one of the ...

  9. PDF The 2023 G20 Summit

    In its 2023 annual leader's summit in Johannesburg, South Africa on 22-24 August, the group agreed to admit six new member countries: Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates, which will officially join the group in January 2024. The 'BRICS+6' now represents. 30 % of global GDP, 46 % of the world population ...

  10. FACT SHEET: Delivering an Ambitious Agenda for the G20

    In New Delhi, President Biden and other G20 leaders committed to implement the G20 2023 Action Plan to Accelerate the Sustainable Development Goals (SDGs). The United States remains committed to ...

  11. PDF Foundation The G20 Digital Agenda: Cross-Presidency Priorities

    uckupMember of the Executive Committee, World Economic ForumIn May 2023, the World Economic Forum and the Observer Research Foundation (ORF) jointly launched an initiative called Facilitati. g Cross-Presidency Dialogue on the Digital Agenda for the G20. Its aim was to identify pressing themes the G20 is or should be addressing and support the ...

  12. Free G20 Summit 2023

    The G20 2023 Summit Presentation Template is now available for free download and can be customized to fit your specific needs. This template is a valuable resource for creating presentations that showcase your brand, connect with global leaders, and drive economic growth. It's perfect for startups, multinational corporations, and investors ...

  13. PDF India's G20 Presidency

    Updated: Aug 24, 2023 March 28, 2023 "Our G20 priorities will be shaped in consultation with not just our G20 partners, but also our fellow-travellers in the global South, whose voice often goes unheard." -Prime Minister Narendra Modi Startup20 is an official engagement group, established under the G20 India Presidency 2023. It acts as a ...

  14. PDF G20

    meeting of G20 CSAR was at Ramnagar, located in the Kumaon region of the state of Uttarakhand from 28th-30th March 2023. Engagement Groups As part of the G20 members' commitment to consult relevant stakeholder communities, dialogue is facilitated through the engagement groups, comprising nongovernment participants from each G20 member.

  15. Presentation of G20 2023

    presentation of G20 2023 (1) - Free download as PDF File (.pdf), Text File (.txt) or read online for free. The G20 2023 summit was held in New Delhi, India from September 9-10, 2023. It was the first G20 summit hosted by India. The G20 coordinates global policy on issues like trade, health, climate, and financial stability among its 20 member countries, which collectively represent about 80% ...

  16. Presentation of G20 2023

    presentation of G20 2023 (1) - Free download as (.odp), PDF File (.pdf), Text File (.txt) or read online for free. The G20 is an intergovernmental forum comprising 19 countries and the European Union that works to address major global issues. The 2023 G20 summit was hosted by India in New Delhi and was the first time India hosted the summit.

  17. G20: share of electricity generation 2023

    To download this statistic in PDF format you need a Statista Account. To download this statistic in PPT format you need ... Share of total electricity generation in G20 countries in 2023, by ...

  18. PDF Recommendations From Voluntary Nature-Related Reporting Frameworks

    G20 ministers should also encourage incentives such as guidance, training, and capac- ity building of SMEs to respond to the trickle-down effects from upcoming sustaina- ble finance regulatory disclosure frameworks: SMEs should be supported in managing

  19. 2024 G20 Rio de Janeiro summit

    The 2024 G20 Rio de Janeiro summit (Portuguese: Cúpula do G20 Rio de Janeiro 2024) is the upcoming nineteenth meeting of Group of Twenty (G20), a summit scheduled to take place at the Museum of Modern Art in Rio de Janeiro on 18-19 November 2024, the first G20 summit to be held in Brazil.

  20. PDF India's G20 Presidency

    asting) October 20, 2023"A connected world is about shared purpose, shared planet, shared prosperit. e Minister Narendra ModiThe fourth G20 Infrastructure Working Group meeting under the G20 India Presidency was held during September 21st-22nd, 2023 in K. ajuraho, Madhya Pradesh. This was the last meeting of the Infrastructure Working Group ...

  21. PDF DEPARTMENT OF TRANSPORTATION Docket No. NHTSA-2023-0038 Manufactured by

    2 x Hand Delivery or Courier: 1200 New Jersey Avenue SE, West Building Ground Floor, Room W12-140, between 9 a.m. and 5 p.m. ET, Monday through Friday, except Federal holidays. x Fax: (202) 493-2251. Instructions: All submissions must include the agency name and docket number.Note that all written submissions received will be posted without change to https://www.regulations.gov,

  22. The 2024 Wild Sheep Show Permits Presentation

    Supervisory Biologist Jacob Messler speaks about the Service's permitting program at the 2024 Wild Sheep Show. The title of his presentation was, "Permitting the Importation of Trophies into the United States." (Please note: on the slide it reads, "We received ~17,000 permits."

  23. 2024 Conference

    Dec 10, 2023 Announcing NeurIPS 2023 Invited Talks: Important Dates. Sponsor Portal Applications open: Mar 15 '24 11:46 AM PDT * ... symposia, and oral and poster presentations of refereed papers. Along with the conference is a professional exposition focusing on machine learning in practice, a series of tutorials, and topical workshops that ...

  24. PDF G20 Trade and Investment Ministers' Meeting

    vestments."-- Prime Minister Narendra ModiThe G20 Trade and Investment Minister's Meeting (TIMM) and the 4th Working Group Meeting (TIWG) were held. in Jaipur, Rajasthan from August 21-25, 2023. The 4th WGM was held on August 21-22, 2023 followed by the Mi. isterial Meeting from August 24 - 25, 2023.More than 300 delegates along with ...

  25. AMD to Significantly Expand Data Center AI Systems Capabilities with

    For a discussion of factors that could cause actual results to differ materially from those contemplated by forward-looking statements, see the section captioned "Risk Factors" in AMD's Annual Report on Form 10-K for the fiscal year ended December 30, 2023, subsequent Quarterly Reports on Form 10-Q and other filings with the SEC.

  26. PDF India's G20 Presidency

    March 28, 2023 Updated: May 22, 2023 "It is up to the custodians of the leading economies and monetary systems of the world to bring back stability, confidence and growth to the global economy. Focus your discussions on the most vulnerable citizens of the world" - Prime Minister Narendra Modi Women 20 (W20) is the official G20 engagement