Author(s): Nidhi Yadav, Meenakshi Gupta, Vikas Sharma, Devendra K. Yadav and Ajay Kumar Sharma
Purpose – The G-20 provides a forum for conversation and collaboration among the world's most powerful countries, but it lacks any legally binding power or consequences to ensure that its members maintain their agreements. The G-20's credibility and legitimacy as a global governing institution may suffer as a result of this. This article examines existing and proposed methods for monitoring and implementing G-20 pledges to determine how the G-20 may improve its accountability and effectiveness. Design/methodology- The study uses the SLR approach to conduct a literature evaluation based on (Tranfield et al. 2003; Denyer and Tranfield, 2009). The essay investigates the literature on G-20 governance concerns and opportunities, as well as current G-20 accountability framework practises such as the peer review process, compliance reports, and engagement groups. Findings – The article also looks into the viability of some novel proposals for improving G-20 accountability, such as establishing a permanent secretariat, an independent oversight body, developing a dispute resolution mechanism, and involving other stakeholders like civil society, academia, and international organisations.. Policy implications: It recommends establishing a permanent secretariat and an independent oversight body, as well as establishing a conflict resolution system and enlisting civil society, academia, and international organisations as stakeholders to present a variety of perspectives. With a strong peer review process and compliance reports, these techniques would increase the G-20's credibility and legitimacy as a global governance institution, allowing it to better perform its role in tackling global concerns.