G20 Foundation Publications China 2016 | Page 10

WELCOME VICTOR PHILIPPENKO Chairman of the Board, G20 Foundation 10 It has been a dramatic Year. The refugee crisis within the EU, the BREXIT referendum, the attempted coup d’etat in Turkey, multiple terrorist attacks, ongoing military conflicts in Syria and Ukraine, the extraordinary presidential election in the US are all events of paradigm-shifting significance. In the current age of the 24-hour multimedia news cycle, one can easily be tempted to deduct that multilateralism is in decline and that some countries are re-discovering protectionism – if not isolationism. Yet at these moments it is imperative that we realise we need to focus on the concrete challenges from a global perspective. Specifically, G20 allows us a compass of clarity within which we can distil the essence of these global challenges with clarity and nuance. It is this point of view, that will prevent us from being overwhelmed from the projected apocalypses that are supposedly lurking in the shadow of each and every human tragedy and political crisis, especially when they are close to home. We need the G20. It is an exemplary platform for international cooperation and has proven itself in most tumultuous times as a remarkable catalyst. However in this year of tumult, where populist