G7 Climate and Energy Ministers Summit: G7 Environment Ministers’ Summit was held as part of G7 Summit 2023. G7 Climate and Energy Ministers Summit is also important for UPSC Prelims Exam 2023 and UPSC Mains Exam (GS Paper 2- International Groupings and various issues impacting/affecting India and it’s interests; GS Paper 3- Environment and Ecology).
Recently, G7 Climate and Energy ministers concluded two days of meetings on climate, energy and environmental policy in the northern Japanese city of Sapporo.
Key Outcomes of the G7 Climate and Energy Ministers Summit 2023 is discussed below-
G7 Grouping is an informal bloc of advanced/developed/industrialized nations. G7 Countries meets annually to discuss matters such as global economic policy, international security, and energy policy, among others.
Canada, France, Germany, Italy, Japan, the United Kingdom and the United States are currently the member of G7 grouping.
G7 Presidency rotates annually among its members. Germany held the presidency of G7 Summit 2022. Presently, G7 Presidency 2023 is held by Japan. Country that holds G7 presidency, have right to invite guest country at G7 Summit.
Digital Trade Principles by G7
The G7, or Group of Seven, is an international organization consisting of seven of the world's wealthiest and most advanced economies: Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States.
The G7 was established in 1975 as an informal gathering of leaders from the world's most industrialized nations.
The G7 was originally established to provide a forum for world leaders to discuss economic issues of mutual concern, but its agenda has since expanded to include a wide range of global issues, such as climate change, international security, and global health.
Membership in the G7 is based on a combination of economic power, political influence, and strategic importance.
Yes, there are several other countries and organizations that are invited to attend G7 meetings as guests or observers, such as the European Union, India, and Australia.
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