G7 encourages big economies: emissions peak by 2025, net zero by 2050


The Group of 7 (G7) has issued a call to major economies urging them to pursue net zero emissions by 2050 and to peak their own emissions by 2025.

The G7’s statement, released on June 11th 2021, urges all governments to take action to urgently reduce emissions resulting from economic activity and to meet the goals of the Paris Agreement as soon as possible. According to the leaders of the seven countries (Canada, France, Germany, Italy, Japan, the United Kingdom and the United States), this will help limit global warming to 1.5 degrees Celsius.

The G7 countries have pledged to use green technologies, accelerate green investments, and expand green partnerships to achieve this goal. Specifically, the leaders have committed to deploying carbon capture and storage, increasing use of renewable energies, and increasing demand for sustainable agriculture and forestry. They have also proposed a Global Resource Efficiency Platform to support investment in clean and efficient technologies.

The G7 is an informal group of rich democracies that has held an annual summit for the past four decades. The recommendations made by the G7 will likely spur action from other countries and prompt them to become more involved in the fight against climate change.