# G20 Position Paper: Financial integrity for sustainable development and inequality reduction URL: https://www.transparency.org/en/publications/financial-integrity-for-sustainable-development-and-inequality-reduction Type: Publication or report Published: 2024-10-08 Updated: 2024-11-01 --- 08 October 2024 Brazil’s G20 presidency has identified sustainable development and inequality reduction as top priorities for the Rio Leaders’ Summit in November. This is not the first time that sustainable development and inequalities have received high billing on the G20’s agenda. In previous years, discussions on sustainable development led to the recognition that corruption is a challenge to achieving broader goals. Corruption undermines sustainable development. It hinders the fight against hunger, poverty, inequality and climate change. Meanwhile, coordinated action by G20 leaders to fight corruption remains elusive. Without direct engagement from G20 leaders, corruption has too often been treated as a lower-order concern within the priorities of G20 presidencies, leaders’ communiqués and conversations outside of the Anti-Corruption Working Group. Until leaders prioritise corruption, the G20’s agenda for sustainable development and inclusive growth will be fragile and weak. To break this cycle of inertia, anti-corruption efforts must be brought in from the margins and elevated as an area for genuinely meaningful discussion and action among G20 leader declarations, in 2024 and beyond. This position paper outlines the ways that corruption undermines sustainable development and efforts to reduce inequalities, and calls on the G20 to: 1. End financial secrecy and finally deliver effective regimes of beneficial ownership transparency. 2. Enact effective regulation and supervision of financial system gatekeepers, without whose help corrupt officials and criminals would not be able to hide and enjoy their illicit wealth. 3. Strengthen international cooperation and intelligence sharing to prevent, detect and prosecute cross-border corruption. ### Related publications ## [Accelerating Action Against Criminal and Corrupt Wealth: Recommendations for the London Illicit Finance Summit](https://www.transparency.org/en/publications/recommendations-london-illicit-finance-summit) Publication • 28 May 2026 This paper sets out recommendations on how governments participating in the UK Illicit Finance Summit can deliver credible and ambitious outcomes. ## [Regulating Legitimate Interest Access: Measures to ensure meaningful access to beneficial ownership registers for public-interest stakeholders](https://www.transparency.org/en/publications/legitimate-interest-measures-for-public-interest-stakeholders) Publication • 30 September 2025 Anonymous companies and trusts continue to be vehicles of choice for those seeking to hide and move illicit money. ## [Tackling land corruption is vital to achieving land rights and the 2030 SDG agenda](https://www.transparency.org/en/publications/tackling-land-corruption-achieving-land-rights-2030-sdg-agenda) Publication • 29 June 2023 This policy brief provides recommendations for transparent land governance to achieve UN Sustainable Development Goal-related targets. ## [Convention Evasion: Madagascar's plan to pull rosewood stockpiles out of CITES](https://www.transparency.org/en/publications/convention-evasion-madagascar-pull-rosewood-stockpiles-out-of-cites) Publication • 07 March 2022 Environmental Investigation Agency and Transparency International call for transparent and accountable approaches to management of the Madagascar rosewood stockpiles. ![](https://images.transparencycdn.org/images/2024-G20-Position-Paper-Financial-Integrity-Sustainable-Development-and-Inequality-Reduction_Page1.png?auto=compress&fit=crop&fm=webp&w=1200) [Download](https://images.transparencycdn.org/images/2024-G20-Position-Paper-Financial-Integrity-Sustainable-Development-Inequality-Reduction_2024-10-21-143214_dodh.pdf)