over followed by south africa in 2025in countries like india its seen as a counterbalance to gatherings of wealthier economies such as the group of sevenat the meetings in bengaluru officials will discuss a range of issues related to climate finance seeking consensus on regulating digital currencies global tax issues and other financial prioritiesyellen and other officials have indicated they will also be discussing risks of heavy debt burdens for many countries after costly efforts to cushion the worst impacts of the covid19 pandemic those woes have deepened as countries import bills surged due to sustained higher prices for food oil and fertilizers and weakening currenciesyellen visited zambia in january in part to discuss the african countrys 6 billion debt to china its biggest creditor zambia became the site of africas first coronavirus pandemicera sovereign nation to default when it failed to make a 425 million bond payment in november 2020but a slew of other countries have seen their finances deteriorate in the past year including sri lanka and others in asiaseveral countries are facing huge debt problems finding lasting solutions for them will feature prominently in the discussions said seth the finance ministry officiala senior treasury official who spoke on condition of anonymity to preview yellens travel plans said she intends to urge fellow g20 countries to reduce carbon emissions and invest more in developing renewable energy infrastructure and agricultureat a un climate conference last november india currently the worlds third largest emitter of greenhouse gases proposed a phaseout of all fossil fuels and repeatedly emphasized the need to revamp global climate financethose longstanding g20 priorities which also include building stronger public health systems expanding use of sustainable energy and helping countries improve productivity often tend to be overshadowed by immediate concerns such as stalling global growth debt crises and conflicts like the war in ukraineshocks from the war and from the pandemic have amplified disruptions to energy supplies shipping and food security complicating efforts to stabilize the world economy after the upheavals of the pandemicanother priority in bengaluru will be coordination on monetary policy as central banks assess whether to keep raising interest rates or to dial back on efforts to cool inflation