Back to Frontpage [ Visit the old site ] contact@ifp-fip.org
News |

InterAction explores G7 Summit policy outcomes

InterAction has composed a brief review of key policy outcomes related to ongoing challenges facing our world’s poorest and most vulnerable people.

Today the leaders of the G7 nations released a joint statement underscoring the key policy outcomes of this year’s summit in Schloss Elmau, Bavaria. The summit marked the end of six months of high level meetings of ministers, Sherpas, and other senior officials. There have also been discussions between G7 and civil society leaders on key global issues, including ongoing global health threats, food security and nutrition, and women’s economic empowerment.

To aid policymakers and members of the press following the summit, InterAction has composed a brief review of key policy outcomes related to ongoing challenges facing our world’s poorest and most vulnerable people. A longer, in-depth analysis of the summit’s policy outcomes will be released later this summer.

InterAction also has compiled a collection of useful related online resources, including materials from G7/G20 Advocacy Alliance members in attendance at the Summit in Bavaria, as well as links to official summit documents released by the German government.

Key policy outcomes

Food Security and Nutrition: InterAction applauds the G7’s ambitious goal to “lift 500 million people in developing countries out of hunger and malnutrition by 2030” and commitment to work with G7 partners “to mobilize the resources necessary” to do so. Now is the time for G7 countries to increase funding for nutrition and food security, and detail by fall 2015 how they plan to measure and report on their progress.

Health: The G7 is taking positive steps to address pressing global health issues, particularly those brought to light by the Ebola epidemic. InterAction appreciates the G7′s commitments to health systems strengthening efforts, to stimulating research around NTD treatments and technologies, and to providing assistance to developing countries. G7 countries now need to ensure these commitments, among others, are fully funded and carried out in an efficient and effective manner.

Women’s Economic Empowerment: InterAction welcomes the G7 leaders’ adoption of Principles on Women’s Economic Entrepreneurship, and their commitment to further pursue this issue at future events and through the new G7 working group on women. The G7 has also committed to increase by a third the number of women and girls in developing countries receiving technical and vocational training through G7 programs; this is another positive step in theory, but the leaders need to detail exactly how they plan to accomplish this goal.

Tax: The G7 has made progress this year toward achieving a fairer and more transparent international tax system. Leaders committed to finalizing their recommendations for the G20/OECD BEPS Action Plan by the end of 2015, and to implement a new global standard for automatic exchange of tax information in 2017-2018. However, while they have committed to provide updates on implementation of their national action plans on beneficial ownership transparency, leaders fell short of committing to make beneficial ownership information available in public records.

Source: Interaction