G7 Ministers' Meeting on Climate, Energy and Environment
It will be held in Turin on 28-30 April.
24/04/2024
The G7 Ministers’ Meeting on Climate, Energy and Environment will be held in Turin on 28-30 April and will aim to identify coherent, complementary and interconnected actions to address the ongoing climate, energy and environmental crisis, with a special focus on the most vulnerable areas and populations.
According to the Intergovernmental Panel on Climate Change, tackling the climate crisis requires limiting the global temperature increase to 1.5° C, reducing global greenhouse gas emissions by 43% by 2030 compared to 2019 levels and bringing net emissions to zero by mid-century.
It’s moreover a priority for the energy sector, which is responsible for about 80% of global emissions, to invest in a sustainable energy transition that can ensure the energy security of the system and the economic development of countries.
The G7 nations will discuss to identify suitable technologies that can provide an adequate supply of energy and ensure clean and sustainable energy for developing countries, with a special focus on the African Continent, in order to achieve net-zero emissions by 2050.
In line with the orientation established by the G7 countries, it will be fundamental to support the strategic link between energy choices and climate policies: identify the innovative technological solutions and finance to support climate action for ensure a reduction in emissions and economic development of countries.
COP28 marked a historic achievement: it provided for the first time a pathway to a reduction of fossil fuels in the energy sector to achieve net-zero by 2050 and identified measures to limit the rise in temperature to within 1.5° compared to pre-industrial levels.
In this context, the G7 Ministers’ meeting will aim to make a breakthrough in strategic sectors for the reduction of emissions, such as renewable energy and energy efficiency, critical raw materials, heavy-emitting sectors and research and development for more sustainable nuclear power by 2040-2050.
The approach that will guide the process to ensure a just and inclusive transition will involve all members of society, especially younger generations.
Additionally, the intention is to promote an innovative model of collaboration between countries and public and private financiers in order to accelerate investments. Regarding the environmental issues, the G7 discussion will focus on sustainable consumption and production, circular economy and resource efficiency, protection of marine and terrestrial biodiversity and of the ecosystem services, and sustainable management of natural resources, including sustainable use of land and water resources.
Over the past few years, G7 and G20 leaders have also highlighted the important role of cities in implementing innovative urban development approaches and creating a global transformation process towards achieving the Sustainable Development Goals (SDGs). These and other challenges for a fair and inclusive energy transition will be the focus of this G7 Ministers’ Meeting, aimed at adopting ambitious measures to accelerate the reduction of emissions, ensuring the security of energy systems and the economic development of countries.