#INTERNATIONAL_INTERGOVERNMENTALORGANISATIONS
G7 Summit
✔️Why in the news-Recently, the 47th G7 summit was held on 11–13 June 2021 in Cornwall in the United Kingdom while it holds the presidency of the G7.
▪️Key outcomes of the G7 Summit
❗️
●It is a new global infrastructure initiative Build Back Better World (B3W) to help developing nations, countering China’s Belt and Road Initiative (BRI).
●It has been proposed by the U.S President.
●The initiative is a values-driven, high-standard, and transparent infrastructure partnership led by major democracies to help narrow the over 40 trillion Dollar infrastructure need in the developing world, which has been exacerbated by the COVID-19 pandemic.
●The B3W will collectively catalyze hundreds of billions of dollars of infrastructure investment for low and middle income countries in the coming years.
❗️TRIPs (Intellectual Property Rights) waiver
●Prime Minister of India has sought “strong support” from the G7 countries for the joint India-South Africa proposal for a TRIPs (Intellectual Property Rights) waiver for coronavirus-related medicines and vaccines.
●The G7 countries all supported “text-based negotiations” on the TRIPS waiver proposal, although the European Union is yet to endorse it.
❗️To boost climate finance
◆G7 leaders agreed to raise their contributions to meet an overdue spending pledge of $100 billion a year to help poorer countries cut carbon emissions and cope with global warming, calling on other developed countries to join the effort.
◆In the communique, the seven nations — the U.S., Britain, Canada, France, Germany, Italy and Japan — reaffirmed their commitment to “jointly mobilise $100 billion per year from public and private sources, through to 2025”.
❗️Contribution of G7 in Global Carbon emissions
●The G7 countries account for 20% of global carbon emissions.
❗️One Earth One health approach
●Prime Minister of India calls for open vaccine chains, ‘one world, one health’ approached during the session, titled ‘Building Back Stronger – Health’, focussed on global recovery from the pandemic and strengthening resilience against future pandemics.
●It was supported by German Chancellor Angela Merkel.
●India’s emphasis on keeping “open supply chains for vaccine raw materials and components to help enhance vaccine production received widespread support”.
●This came days after French President Emanuel Macron supported India’s demand for lifting restrictions on export of raw materials needed to manufacture vaccines.
▪️About G7 Countries
◆It stands for “Group of Seven” industrialized nations.
◆It is a group consisting of Canada, France, Germany, Italy, Japan, the UK, and the US.
◆EU is also represented within the G7.
◆It was formerly called G8 with Russia in it, but due to Crimean crisis Russia was ejected from the group
◆It is an informal bloc and takes no mandatory decisions, so the leaders’ declarations at the end of the summit are not binding.
For more @ssbgeneraldiscussion
G7 Summit
✔️Why in the news-Recently, the 47th G7 summit was held on 11–13 June 2021 in Cornwall in the United Kingdom while it holds the presidency of the G7.
▪️Key outcomes of the G7 Summit
❗️
To Build Back Better World (B3W) initiative●It is a new global infrastructure initiative Build Back Better World (B3W) to help developing nations, countering China’s Belt and Road Initiative (BRI).
●It has been proposed by the U.S President.
●The initiative is a values-driven, high-standard, and transparent infrastructure partnership led by major democracies to help narrow the over 40 trillion Dollar infrastructure need in the developing world, which has been exacerbated by the COVID-19 pandemic.
●The B3W will collectively catalyze hundreds of billions of dollars of infrastructure investment for low and middle income countries in the coming years.
❗️TRIPs (Intellectual Property Rights) waiver
●Prime Minister of India has sought “strong support” from the G7 countries for the joint India-South Africa proposal for a TRIPs (Intellectual Property Rights) waiver for coronavirus-related medicines and vaccines.
●The G7 countries all supported “text-based negotiations” on the TRIPS waiver proposal, although the European Union is yet to endorse it.
❗️To boost climate finance
◆G7 leaders agreed to raise their contributions to meet an overdue spending pledge of $100 billion a year to help poorer countries cut carbon emissions and cope with global warming, calling on other developed countries to join the effort.
◆In the communique, the seven nations — the U.S., Britain, Canada, France, Germany, Italy and Japan — reaffirmed their commitment to “jointly mobilise $100 billion per year from public and private sources, through to 2025”.
❗️Contribution of G7 in Global Carbon emissions
●The G7 countries account for 20% of global carbon emissions.
❗️One Earth One health approach
●Prime Minister of India calls for open vaccine chains, ‘one world, one health’ approached during the session, titled ‘Building Back Stronger – Health’, focussed on global recovery from the pandemic and strengthening resilience against future pandemics.
●It was supported by German Chancellor Angela Merkel.
●India’s emphasis on keeping “open supply chains for vaccine raw materials and components to help enhance vaccine production received widespread support”.
●This came days after French President Emanuel Macron supported India’s demand for lifting restrictions on export of raw materials needed to manufacture vaccines.
▪️About G7 Countries
◆It stands for “Group of Seven” industrialized nations.
◆It is a group consisting of Canada, France, Germany, Italy, Japan, the UK, and the US.
◆EU is also represented within the G7.
◆It was formerly called G8 with Russia in it, but due to Crimean crisis Russia was ejected from the group
◆It is an informal bloc and takes no mandatory decisions, so the leaders’ declarations at the end of the summit are not binding.
For more @ssbgeneraldiscussion
#GTO_PGT
Here are some structures which candidates can discuss as per their own comforts.
Try to analyse these structures which could be helpful in outside GTO tasks such as PGT, HGT, FGT, CT.
For more @ssbgeneraldiscussion
Here are some structures which candidates can discuss as per their own comforts.
Try to analyse these structures which could be helpful in outside GTO tasks such as PGT, HGT, FGT, CT.
So keep practising, keep building stamina, activeness, keep trying tying different types of knots and practice at home.
For more @ssbgeneraldiscussion
#GTO_PGT
So keep practising, keep building stamina, activeness, keep trying tying different types of knots and practice at home.
For more @ssbgeneraldiscussion
Here are some structures which candidates can discuss as per their own comforts.
Try to analyse these structures which could be helpful in outside GTO tasks such as PGT, HGT, FGT, CT.So keep practising, keep building stamina, activeness, keep trying tying different types of knots and practice at home.
For more @ssbgeneraldiscussion