联合国贸易发展委员会-贸发会议-经合组织关于二十国集团投资措施的报告（第32次报告）（英）-2025.11.pdfVIP

13November2025

Thirty-secondReportonG20Investment

Measures1

WhentheGlobalFinancialCrisisbrokeoutin2008,G20memberscommittedtorefrainfromintroducing

newbarrierstoinvestmentandtrade.2TheyaskedthattheWTO,OECD,andUNCTADmonitorandreport

publiclyontheirtradeandinvestmentpolicymeasures.Todate,31reportshavebeenissuedunderthis

mandate.3

Overthepastyears,theglobaleconomyhasbeenshapedbyoverlappingcrisesandgrowinguncertainty.

ThelingeringeffectsoftheCOVID-19pandemic,newandongoingconflicts,theacceleratingimpactof

climatechangeandshiftingtradepolicyhavecollectivelydisruptedvaluechains,constrainedgrowth,and

increasedgovernmentdebt.4Reflectingthesedynamics,ForeignDirectInvestment(FDI)flowscontinued

theirdeclinein2024,bothwithinG20economiesandglobally.Investmentineffortstoreachthe

SustainableDevelopmentGoals(SDGs)isalsodeclining,evenasfinancingneedstoincrease.5

1ThisreportoninvestmentmeasuresisissuedundertheresponsibilityoftheSecretary-GeneraloftheOECDand

theSecretary-GeneralofUNCTAD.IthasnolegaleffectontherightsandobligationsofMemberStatesofthe

OECDorUNCTAD.Nothinginthisreportimpliesanyjudgment,eitherdirectorindirect,astotheconsistency

ofanymeasurereferredtointhereportwiththeprovisionsofanyOECDorUNCTADagreementorany

provisionsthereof.Asinpreviousreports,thisdocumentdistinguishesbetweenmeasuresrelatedtoforeigndirect

investment(preparedjointlybytheOECDandUNCTAD)andmeasuresrelatedtootherinternationalcapital

flows(preparedsolelybytheOECD).

2G20LeadersDeclarationoftheSummitonFinancialMarketsandtheWorldEconomy,