HIGHLIGHTS-Russia sanctions, climate - what the G7 agreed
- Country:
- Germany
Leaders of the Group of Seven rich democracies met for their three-day annual summit this week at a luxury castle resort in the Bavarian Alps in southern Germany. Here are some of the highlights from the G7 communique seen by Reuters published on Tuesday, the final day of the summit:
UKRAINE * Will further reduce reliance on civil nuclear and related goods from Russia, including working to help countries diversify their supplies
* On oil will consider options for a possible comprehensive prohibition of all services enabling transport of Russian seaborne oil unless oil is purchased below a price to be agreed with partners * The G7 members invite all like-minded countries to join them in this
CLIMATE * The G7 members commit to ending public support for the unabated fossil fuel energy sector by end of 2022 except in limited circumstances
* Publicly supported investment in the gas sector can be appropriate in these exceptional circumstances as a temporary response * Commit to achieving a fully or predominantly decarbonized power sector by 2035
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