Progress at the G7 Summit in Elmau
As the 2022 G7 Summit has come to a close in Schloss Elmau, the group has made progress on important issues including health, food security, Russian sanctions, support for Ukraine, climate action, democratic resilience, and infrastructure investment. Throughout the summit, Aspen Institute Germany’s Executive Director Dr. Stormy-Annika Mildner has been on site at the G7 Press Center, analyzing each day’s announcements for various media outlets. Also present on site are Dr. Mildner’s colleagues from Think7, the official G7 engagement group of think tanks and civil society organizations tasked with making recommendations to the G7. Aspen Institute Germany was one of the partners hosting the Think 7 Summit on May 23-24. On May 23, a communiqué of recommendations was presented in-person to Chancellor Olaf Scholz.
Major outcomes of the Elmau summit include: new restrictions on Russian gold exports and defense industry imports, intended price caps on Russian oil, a new Climate Club, and a revamped G7 Partnership for Global Infrastructure and Investment (PGII).
The G7 leaders’ communiqué hewed closely to the predictions of the Aspen Institute Germany’s recent Spot On Publication, “The G7 at a Watershed Moment- Will There Be An Ambitious Elmau Package?”, and the communiqué cited the Think 7’s recommendations as an important source of input for the summit deliberations.
The Aspen Institute Germany team looks forward to building on the outcomes of the G7 summit to create a more just, secure, and sustainable world.