What are the key issues at stake at the G-7 summit?
This week, the leaders of the United States, the United Kingdom, Canada, France, Germany, Italy and Japan will convene in England for the annual Group of 7 summit, a gathering of the world’s most powerful economies.
Here are some of the key issues that are likely to be at the forefront of their discussions.
Vaccine sharing and the coronavirus recovery
With G-7 nations on track on finish administering coronavirus vaccines to their adult populations in the coming months, pressure to share doses with developing nations is mounting. More than 100 former world leaders have urged the G-7 to cover two-thirds of the estimated $66 billion that it will cost to vaccinate low-income countries. A celebrity-backed appeal from UNICEF, meanwhile, asks the G-7 nations to donate 20 percent of their vaccine supplies by August.
Discussions are also likely to center on how to ensure that world economies bounce back from the pandemic, and what that recovery should look like. A report requested by British Prime Minister Boris Johnson last month concluded that the G-7 had a unique opportunity to rebuild by funding a transition to climate-friendly energy sources, and called for $10 trillion in investments.
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