Attached is a briefing on the upcoming G7 ministerials and Cornwall leaders' summit that may be useful in advocacy and messaging work over the next few weeks. Here are the top lines to "G7 + 4" Ministers & Leaders:
1. Kickstarting the global economy post-Covid depends on G7 countries demonstrating global solidarity. This starts with a comprehensive strategy to ensure equitable access to COVID vaccines and medical supplies to address the COVID emergency globally.
2. Global solidarity also means financial solidarity for investing in resilient, just and green recoveries as well as in a climate-safe and nature-positive future for all. This can only be reached by raising the quantity and quality of climate finance, ensuring fiscal space for low- and middle-income countries to fund Paris-aligned economic recoveries without the debt burden, and replenishing and mandating MDBs/IFIs to fully align to the Paris Agreement.
3. The G7 need to send clear and aligned signals on greening their own recoveries. This is key to unlocking political agreement to design and finance global green recoveries at crucial G20 and IMF/World Bank meetings later this year.
4. The credibility, integrity and robustness of net-zero plans depend on real short-term action on climate, energy and nature. The G7 needs to demonstrate new climate and energy ambitions for a 1.5 degree world and adopt new commitments for halting and reversing nature loss. Phasing out coal domestically and in overseas finance followed by all public fossil fuels finance are the strong signals we need to kick-start new momentum.
Best, Alden
Alden Meyer
Principal, Performance Partners
Senior Associate, E3G - Third Generation Environmentalism
International Policy Advisor, Blue-Green Alliance
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