On the occasion of the 41st
G-7 Summit held in Schloss Elmau, Germany, on June 7-8, 2015, the world
economic leaders and their invitees focused on global economy, foreign policy,
health and climate change challenges.
On climate change, the
G-7 leaders expressed their full support for the UN’s Intergovernmental Panel
on Climate Change recommendation
of moving from 40% to 70% greenhouse gas reductions by 2050 compared to the
2010 levels.
In an objective to
implement “a decarbonisation of the global economy over the course of this
century”, the G-7 leaders committed to “achieve a low-carbon global economy in
the long-term including developing and deploying innovative technologies
striving for a transformation of the energy sectors by 2050 . . . [t]o this end
[they] also commit to develop long term national low-carbon strategies.”
Additionally, in their communique,
the G-7 leaders emphasize “diversification as a core element of energy security
and aim to further diversify the energy mix, energy fuels, sources and routes”
– which may reinitiate the question of shale gas development in Europe.
Written by Chloe Marie - Research Fellow
06/10/2015
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