Real Leaders

A United Front: 50th G7 Summit Recap

By Real Leaders


The world’s leading industrialized nations are taking these actions together.

The Group of Seven’s leaders gathered for the 50th G7 Summit in June 2024 in Apulia, Italy. The G7 is made up of leading industrialized nations Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States, as well as the European Union. Here are several actions on which they pledged to collaborate.

Promoting Economic Resilience and Security

The G7 is looking to take further steps to protect workers, industries, and the investments being made from being undermined by unfair practices, which create global spillovers that undercut market firms and lead to supply chain dependencies in several sectors. This includes:

  • Leveling the playing field and protecting economic security
  • Promoting resilient supply chains and reducing critical dependencies
  • Protecting critical and sensitive technologies


Investing in Developing Countries’ Future

The G7 is taking steps to scale up support to developing countries and accelerate progress toward the UN Sustainable Development Goals. These include:

  • Backing the Nairobi-Washington Vision that calls on the international community to step up support for developing countries to make critical investments and reforms
  • Planning contributions to multilateral development banks which once approved domestically would make it possible for the World Bank to boost lending by $70 billion over the next decade
  • Reaffirming their commitment to unlocking public and private capital for investments in partner countries


Accelerating the Clean Energy Transition

The G7 is accelerating its work to address the challenges of climate change, pollution, and biodiversity loss. G7 members reaffirmed ambitious COP28 commitments to triple renewable energy capacity, double global energy efficiency by 2030, and strengthen energy security. These efforts include:

  • A first-time commitment to phase out unabated coal power generation in energy systems during the first half of the 2030s, a target to deploy 1,500 gigawatts of long-duration energy storage by 2030, and building on the COP28 pledge to triple globally installed renewable energy by 2030
  • Building clean and resilient supply chains through its Partnership for Resilient and Inclusive Supply-Chain Enhancement, launched by the G7 last year, which supports low- and middle-income countries to drive the clean energy transition and promote resilient supply chains
  • Recognizing nuclear energy as a clean/zero-emissions energy source that can reduce dependence on fossil fuels to improve global energy security, and pledging to support multilateral efforts to strengthen the resilience of nuclear supply chains


Promoting Health and Food Security

The G7 continues to lead global efforts to address the food security crisis and support strong, resilient, and responsive health systems around the world. Efforts include:

  •   Launching the Apulia Food Security Initiative, which addresses structural barriers to food security and nutrition and builds more resilient, sustainable, and productive agriculture and food systems
  • Transforming global health security financing by calling for at least $2 billion in new pledges for the Pandemic Fund, and pledging equal to or greater than that for catalytic financing, which helps developing countries build pandemic prevention, preparedness, and response capacities
  • Expanding immunization coverage through a sustainable replenishment of Gavi, the Vaccine Alliance with the goal of significantly expanding immunization coverage globally this year
  • Addressing the emergence, spread, and impact of antimicrobial resistance


Investing in Childcare

The G7 is tackling the unequal gender distribution of care work, which contributes to gender inequality. The G7 committed to support, by 2035, at least 200 million more women to join the workforce by investing in efforts to close the global gap in the availability of childcare. G7 partners have contributed more than $100 million to the World Bank to support high-quality investments in childcare globally.


Enhancing the Partnership on Migration

The G7 affirmed a collective commitment to addressing migration. Leaders endorsed a three-pronged approach focused on addressing root causes of irregular migration, strengthening safe and regular migration pathways, enhancing border management and enforcement, and curbing transnational organized crime.


Cooperating on Artificial Intelligence

The G7 is building partnerships around the world to ensure the benefits of artificial intelligence and other technologies are widely shared while mitigating risks. G7 leaders affirmed the importance of international partnerships to bridge the digital divide and ensure people everywhere access the benefits of AI and other technologies to make scientific advancements, promote sustainable development, improve public health, accelerate the clean energy transition, and more. G7 labor ministers will develop an action plan to leverage AI’s potential to increase quality jobs and empower workers while addressing its potential challenges and risks to workers and labor markets.


Promoting AI Safety

G7 leaders committed to stepping up efforts to enhance interoperability between their approaches to AI governance and risk management. This includes deepening cooperation between the G7 countries to advance international standards for AI development and deployment. The G7 welcomed the establishment of a Semiconductors G7 Point of Contact Group to bolster its coordination on issues impacting this critical sector underpinning the AI ecosystem.

For the 50th G7 Summit, leaders from Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States as well as the European Union gathered in June 2024 in Apulia, Italy, to set global priorities.

Learn more about the G7 Summit at g7italy.it/en/summit.