Today, G20 member ministers concluded a two-day Innovation Ministerial in Chapel Hill, North Carolina. The Ministerial was hosted by the Department of Commerce and the White House Office of Science and Technology Policy (OSTP).

At the conclusion of the Ministerial, G20 Ministers released a consensus statement recognizing that “emerging technologies have the potential to unlock prosperity, enhance productivity, and expand opportunity for all our peoples.”

The Innovation Ministerial Statement articulates shared principles across six pillars: pro-innovation policy frameworks; technology for opportunity and prosperity; skilled technical workforce development; intellectual property policies for artificial intelligence; AI for standards and standards for AI; and industrial innovation and investment in supply chains. Ministers also reached consensus on the Carolina Principles for Emerging Technologies, which call on countries to invest in foundational research, strengthen commercialization pathways, and enable trusted technology adoption and deployment. 

The full G20 Innovation Ministerial Statement can be accessed here.

“Achieving consensus in the G20 is no small feat, but the topic of innovation as a driver of growth brought us together for a historic moment of unity,” said Secretary of Commerce Howard Lutnick. “The statement released by the G20 members ministers today gives entrepreneurs the confidence to invest in their ideas, promotes domestic manufacturing, and ensures intellectual property frameworks foster and protect innovation.”

“In Chapel Hill, G20 countries realized an optimistic vision for the future of emerging technologies, recognizing that flexible policy frameworks crafted to promote innovation will drive economic growth and prosperity. That is the spirit of the Carolina Principles, and that is how we will expand opportunity for Americans and people around the world,” said OSTP Director Michael Kratsios.

At the Innovation Ministerial, OSTP Director Kratsios hosted fireside chats with Elon Musk, CEO of Tesla and SpaceX; David Sacks, Co-Chair of the President’s Council of Advisors on Science and Technology; Bob Mumgaard, CEO of Commonwealth Fusion Systems; Demis Hassabis, Co-Founder and Chair of Google DeepMind; Mark Zuckerberg, Chairman and CEO of Meta; and Michael Crow, President of Arizona State University.

Secretary Lutnick hosted fireside chats with Jensen Huang, founder and CEO of NVIDIA; Tom Brown, Co-Founder of Anthropic; Sam Altman, CEO of OpenAI; and Alex Karp, CEO of Palantir.

Other deliverables of the Ministerial included the AI Prosperity Objectives and the AI Prosperity Compact which will further technical workforce development across G20 nations and expand opportunities for private sector partnership.

Representatives from the following nations and unions were present at the two-day Ministerial: the African Union, the Argentine Republic, the Commonwealth of Australia, the Federative Republic of Brazil, Canada, the People’s Republic of China, the European Union, the French Republic, the Federal Republic of Germany, the Republic of India, the Republic of Indonesia, the Italian Republic, Japan, the United Mexican States, the Republic of Poland, the Russian Federation, the Kingdom of Saudi Arabia, the Republic of Korea, the Republic of Türkiye, and the United Kingdom of Great Britain and Northern Ireland.

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