Following is the list of members of G-24:[1] Region I (Africa): Region II (Latin America and the Caribbean): Region III (Asia): The following act as observers states of the G-24:[2] The following act as institutional observers of the G-24:[2] The G-24 operates at two levels: The governing body of the G-24 meets twice a year, preceding the Spring and Fall meetings of the International Monetary and Financial Committee and the Joint Development Committee of the World Bank and the International Monetary Fund.

The plenary G-24 meetings are addressed by the heads of the IMF and the World Bank Group as well as by senior officials of the UN system.

Issues are first discussed by the Deputies and culminate at the Ministerial level by the approval of a document that sets out the consensus views of member countries.

The functions and activities of the Secretariat include: ensuring effective liaison among G-24 members with a view of facilitating consensus on issues of common interest; overseeing and implementing the work program; building strategic partnerships and coalitions with other fora engaged in the same spheres of interest; and supporting the Chair and the Bureau by providing logistical and secretarial support for the various meetings of the G-24.

In particular, the program focuses on three key areas: The global economy and growth agenda, international financial architecture, and financing for development.