G20 PERFORMANCE ON HOUSING 2008–2024
100
75
50
25
0
Compliance (%)
Conclusions (% words)
Commitments (%)
poor and financial inclusion – averaged 75% compliance. On labour and employment, two housing-relevant commitments made at the 2009 London and 2010 Seoul summits referred to family-friendly markets and targeted benefit schemes, and averaged 59% compliance. On energy, six housing-relevant commitments were made at the 2022 Bali and 2023 New Delhi summits. They included the transition towards a more sustainable energy future, investment and affordability, and averaged 84% compliance. RECOMMENDATIONS These limited and indirect compliance assessments suggest no clear causes for G20 performance. Nonetheless, some suggestions for the Johannesburg Summit arise. The G20 Skukuza Development Ministerial Declaration in July 2025 called for action on universal social protection systems to include combatting illicit financial flows, which includes money laundering through real estate that creates inflated and thereby unaffordable housing prices. At that meeting, South African president Cyril Ramaphosa stated that “South Africa’s G20 Presidency is about
shifting the centre of gravity in global conversations and placing people and planet at the heart of development.” With the strengthened global financial architecture relevant to mortgage financing, the G20 has an opportunity to expand lending for urbanisation programmes that include infrastructure and implement new green building technologies via modular homes, prefabrication and multi-unit dwellings and also increase employment, diminish greenhouse gas emissions in buildings while improving energy efficiencies – all of which correlate directly to better health outcomes and economic growth while intersecting with numerous other G20 priorities. Convening G20 housing ministers for annual meetings would serve to share best practices and the integration of other commitments to scale up progress, including on the SDGs, while addressing the migration and refugee crises. As the G20 comprises 85% of the global economy, with the majority of housing deficiencies in Africa and Asia, South Africa’s G20 presidency can provide the ideal leadership to move forward on these complementary initiatives.
// KATHRYN KOTRIS Kathryn Kotris has been a
researcher with the G20 and G7 Research Groups since 2006, and has been a member of field teams at most G7 and G20 summits since then. She is on the board of the Pearson Centre for Progressive Policy. A senior broker with 40 years’ experi- ence in mortgage banking, she was vice-president of compli- ance for Mortgage Architects from 2006 to 2018.
X-TWITTER @g20rg www.g20.utoronto.ca
131 globalgovernanceproject.org
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