Think20 calls on G20 to prioritize fight against financial support for terrorist activities Antalya, Turkey – November 14, 2015 – The Think20, under the leadership of The Economic Policy Research Foundation of Turkey (TEPAV), upon agreement from its representatives, releases the following statement on the eve of the G20 Turkey Leaders’ Summit 2015:  

“In response to the terrorist attacks in Paris last evening, the Think20 participants, representing member think tanks from around the world, express their deepest condolences, support and far reaching solidarity toward the people of France.

As highlighted in the September communiqué from the G20 Finance Ministers in Ankara, the fight against terrorism and its sources of funding is a major priority for G20 countries. The September communiqué reaffirmed a commitment to cutting the sources of financing that support horrific events, such as those that occurred in Paris last night.

Specifically, the Think20 reiterates the call from the finance ministers to strengthen and make more open the exchange of information and the freezing of assets associated with terrorist activity. A greater transparency of financial flows and a commitment from countries to the criminalization of terrorist financing and financial sanctions is necessary to restrict and eliminate terrorist financial flows.

Beyond that, action is necessary to address the economic and social underpinnings of terrorism. The Think20 calls on the G20 to prioritize its efforts in promoting global sustainable development and building the basis for longer-term shared prosperity.”