Germany lays its leadership agenda for the G7 with a focus on the climate

Germany lays its leadership agenda for the G7 with a focus on the climate ...

BERLIN, January 21 - Germany has laid out on Friday its policy for its presidency of the Group of Seven (G7) focusing on climate protection, international justice, and post-pandemic economic recovery.

The G7 Summit will be held in Schloss Elmau, in the Bavarian Alps, on June 26-28.

To accelerate the implementation of the Paris Climate Agreement, Chancellor Olaf Scholz intends to develop the G7 into a "climate club."

"We want to make sure each country does not go it alone, but join forces," Scholz said in a joint news conference with Economy Minister Robert Habeck and Finance Minister Christian Lindner.

Scholz had proposed the idea of the European Union establishing a "climate club" last year as a mechanism to avoid trade disputes relating to green tariffs.

A planned EU carbon border levy has already stoked tensions with countries including China.

Habeck said Germany will make sure that no new green regulations are necessary in order to avoid a trade conflict between countries. He said Germany will make sure that new regulations don't lead to a trade dispute between the countries, and that it needs a reform in international trade policies, without going into details.

"Anaissance will be greeted again as a result of the old-fashioned trade policy," Habeck said.

You may also like: