In 2020, the world community, states and citizens faced the serious global challenge. The COVID-19 pandemic jeopardizedthe implementation of the goals of sustainable development and inclusive growth, and has become a major challengefor the international cooperation and the action of global institutions. Being the main platform for cooperation among theworld’s leading economies, the G20 is often criticized for its inability to effectively withstand crises. However, as shown inthis article, the G20 managed to quickly implement a coordinated set of large-scale measures to overcome the pandemicand its consequences and become a coordinator of anti-crisis actions. The author concludes that the unique characteristicsof the G20 will allow it to remain the flagship of international efforts to ensure strong, sustainable, balanced and inclusivegrowth of the world economy, and suggests a number of priorities for the implementation of which the G20 agenda should beaimed at in the near future.