Due to recent events in Europe, the planned 2014 G8 summit in Sochi, Russia did not take place. Instead, leaders of the G7 nations met in Brussels, Belgium on June 4-5, where they discussed a variety of pressing issues; these included the global economy, energy, climate change, and development. G7 leaders identified economic growth and job creation as their "top priority," and dedicated significant attention to unfolding events in Ukraine.
The outcomes of this meeting can be found in the Brussels G7 Summit Declaration.
A collection of NGO reactions to the summit outcomes can be found here.
In preparation for next year's summit, Germany has officially assumed the Presidency of the G7. Chancellor Angela Merkel will host the other G7 leaders in June, 2015, at the Schloss Elmau hotel in Bavaria. Related meetings will include a G7 Finance Ministers and Central Bank Governors meeting on May 27-29, 2015, in Dresden.
Germany Federal Minister of Finance Wolfgang Schäuble has outlined three main priorities for his country's presidency:
- Enacting structural economic reforms to promote sustainable growth
- Addressing gaps in financial market regulation
- Fighting tax avoidance
The G20 Summit
The Brisbane G20 summit falls on November 15-16, 2014. A full schedule of G20 events, along with additional background information, will be maintained here. The U.S. G7/G20 Advocacy Alliance has composed a policy paper detailing its recommendations for the summit, which can be found here.
Taking the helm of the group in December, the Australian government released a concept paper listing priorities around two main themes:
- Promoting stronger economic growth and employment outcomes
- Attracting private infrastructure investment
- Removing obstacles to trade
- Creating jobs and lifting participation
- Empowering development
- Making the global economy more resilient to deal with future shocks
- Reforming the global financial system
- Strengthening tax systems
- Reforming global institutions
- Strengthening energy market resilience
- Fighting corruption
The Civil Society 20 (C20) summit was held June 20-21 in Melbourne, Australia. At this summit, CSO representatives discussed major issues and finalized their recommendations for the G20 leaders.
The group officially released these recommendations in the Australian C20 Summit Communique.
The C20 also released position papers on the following topics:
We will continue to update this webpage throughout the year as we receive and publish more information on development-related aspects of the G7 and G20 summits. For more information on InterAction's G7/G20 work, contact John Ruthrauff, Director of International Advocacy.