Promoting a green and just recovery – Leveraging the potential of G20 and G7 cooperation
By Nimrod Oren on Pixabay
Club governance formats such as the G20 and G7 have an important role to play in raising the level of ambition to effectively combat climate change and achieve the Sustainable Development Goals (SDGs). This was the key message that came out of a virtual expert conference organised by the German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE) in cooperation with the Center for Strategic and International Studies (CSIS), Indonesia, and the Sustainable Development Solutions Network Europe (SDSN Europe). The conference brought together key experts and policy makers from G7 and G20 countries, assessed the outcomes of the G7 Carbis Bay summit and looked ahead not only to the upcoming G20 summit in Rome but also the G7 and G20 presidencies in 2022 chaired by Germany and Indonesia respectively.
Only six weeks went by between the Taormina G7 and Hamburg G20 meetings, which were both chaired by a major EU Member State. A substantive link between the two summits was therefore to be expected. Indeed, at least to some extent, a useful connection was set in motion. The results of these two events seem to suggest an informal – but organic – relation between the diplomatic and cooperative efforts of the much narrower and more homogeneous G7 with the G20 summit.