The G24 could play a pivotal role in shaping how emerging markets and developing countries address the challenges of sustainable development and the energy transition. The group's influence in international financial settings positions it well to advocate for policies that support sustainable economic growth and integration into the global green economy. For example, it could push for financial frameworks that facilitate investment in renewable energy projects and infrastructure, promoting an energy transition that is both equitable and supportive of the group’s broader economic and developmental goals.

The Group of Twenty-Four (G24) was established in 1971 as a chapter of the Group of 77 (G77) to coordinate the positions of emerging markets and developing countries on international monetary and development finance issues. Its central mission is to ensure adequate representation of its members' interests at the Bretton Woods Institutions, specifically during the meetings of the International Monetary and Financial Committee (IMFC) and the Development Committee of the IMF and World Bank.

Known officially as the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development, the G24 operates independently from the IMF, though it benefits from secretariat support provided by the organisation. The group meets biannually, timing its gatherings to precede the IMFC and Development Committee meetings. Since 1981, China has been involved as a “Special Invitee.” As of 2023, Adama Coulibaly, the Minister of Finance of Côte d’Ivoire, serves as the chair.