<P> The ICC World Twenty20 (also referred to as the World T20, and colloquially as the T20 World Cup) is the international championship of Twenty20 cricket . Organised by cricket's governing body, the International Cricket Council (ICC), the tournament currently consists of 16 teams, comprising all ten ICC full members and six other associate or affiliate members chosen through the World Twenty20 Qualifier . All matches played are accorded Twenty20 International status . </P> <P> The event has generally been held every two years . However, the next edition of the tournament is scheduled to take place in 2020 in Australia, four years after the conclusion of the 2016 edition . In May 2016, the ICC put forward the idea of having a tournament in 2018, with South Africa being the possible host . But at the conclusion of the 2017 ICC Champions Trophy, the ICC announced that the next edition of the World T20 would take place in 2020 in Australia, as originally scheduled . </P> <P> Six tournaments have so far been played, and only the West Indies, who currently hold the title, has won the tournament on multiple occasions . The inaugural event, the 2007 World Twenty20, was staged in South Africa, and won by India, who defeated Pakistan in the final at the Wanderers Stadium in Johannesburg . The 2009 tournament took place in England, and was won by the previous runner - up, Pakistan, who defeated Sri Lanka in the final at Lord's . The third tournament was held in 2010, hosted by the countries making up the West Indies cricket team . England defeated Australia in the final in Barbados, which was played at Kensington Oval . The fourth tournament, the 2012 World Twenty20, was held in Asia for the first time, with all matches played in Sri Lanka . The West Indies won the tournament by defeating Sri Lanka in the final, winning its first international tournament since the 2004 Champions Trophy . The fifth tournament, the 2014 ICC World Twenty20, was hosted by Bangladesh, and was won by Sri Lanka, who became the first team to play in three finals . West Indies are the current World T20I holders, beating England in the 2016 final, winning their second title . </P> <P> When the Benson & Hedges Cup ended in 2002, the ECB needed another one day competition to fill its place . Cricketing authorities were looking to boost the game's popularity with the younger generation in response to dwindling crowds and reduced sponsorship . It was intended to deliver fast - paced, exciting cricket accessible to thousands of fans who were put off by the longer versions of the game . Stuart Robertson, the marketing manager of the ECB, proposed a 20 over per innings game to county chairmen in 2001 and they voted 11--7 in favour of adopting the new format . </P>

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