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FEATURE

Making heads or tails of the G8 and the Major Economies Forum in Italy





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by Jake Schmidt

If you aren't in Italy you might not realize, but two events are occurring on global warming pollution where leaders of the 17 largest emitting countries are trying to make progress in the run-up to Copenhagen (this December).

The first event is the annual Group of Eight (G8) which brings together the 8 largest industrialized countries and now regularly has global warming on the agenda (as I discussed last year here). The second is the "Leaders Summit" of the Major Economies Forum (as I discussedhere) which brings together the world's 17 largest emitting countries. -- The G8 declaration has been released on July 8th (available here) while the Major Economies Forum statement was released on July 9th (available here).

These meetings are notorious for taking small steps and are often criticized as being "big on grand statements and small on detailed actions". But how often do you get the leaders of the world's biggest countries in one place making joint political declarations? And given the critical need for Heads of Government to weigh-in if we are going to have any chance of success in Copenhagen (as I discussed here), these events come at an important juncture. Continued...

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