G7 Summit: From Cop26 buildup to reasserting fight against climate change, top 10 likely developments


The G7 Summit, being held in Cornwall, UK, is one of the first summits to see heads of state meeting in person after nearly a year of virtual conferences in the backdrop of the coronavirus pandemic. The summit holds significance as the world’s seven richest democracies are likely to chalk the way forward to ensure Covid-19 vaccination in middle and low-income countries.

While the Covid-19 is set to dominate the talks, another crucial aspect of the meet is climate change. With the Cop26 Summit scheduled to be held in Glasgow later this year, the Cornwall summit will have a crucial role in setting the agenda for the next six months and reasserting the commitment to abide by the goals of the Paris Accord.

The upcoming decade will be crucial for countries across the world including India to bring down emissions and tackle climate change.



The world is off track when it comes to meeting the targets of the Paris Climate Accord. While countries need to reduce emissions by 25 per cent in order to meet Paris Accord targets, the recent national emission reduction goals submitted to the UN in 2020 could meet just 1 per cent.
UK Prime Minister Boris Johnson had earlier this year agreed to legislate a new target to reduce national emission by 78 per cent by 2035.
Led by Johnson, UK is likely to push fellow G7 nations to raise climate targets as part of the build-up for the upcoming Cop26.
Climate funding is likely to be discussed among nations after a report from the Swiss Re Institute warned that G7 nations could lose 8.5 per cent of their economies each year by 2050 if climate change is not tackled.
UK is likely to introduce a “clean green initiative” at the summit, which would provide funding to low-carbon infrastructure options.
With the plank of ‘America is Back’, US President Joe Biden has reached Cornwall and will be looking to enhance ties with countries that had been severed during the presidency of Donald Trump.
Biden will seek to firm up consensus on climate change, moving away from the line set by his predecessor who had withdrawn from the Paris Accord. Biden will likely rally up fellow heads of state to further cut down on greenhouse gas emissions.
Prime Minister Narendra Modi, who cancelled his visit to the UK due to the ongoing Covid-19 situation in India, will be participating in the outreach sessions.
The outreach sessions, to be held on June 12-13, will see the theme ‘Build Back Better’ and the UK has outlined four priority areas: leading the global recovery from coronavirus while strengthening resilience against future pandemics; promoting future prosperity by championing free and fair trade; tackling climate change and preserving the planet’s biodiversity; and championing shared values and open societies.
External Affairs Minister S Jaishankar had visited London in May to participate in the G7 Foreign Ministers Meeting. However, the meeting had to be conducted virtually due to Covid-19.