Rajasthan

Location: Borgo Egnazia, Apulia, Italy (June 13–15, 2024).
Participants: Leaders from G7 nations (USA, UK, Canada, France, Germany, Italy, Japan) and the European Union.
Special Invitees (Outreach Session):
- India (represented by PM Narendra Modi).
- Other nations including Brazil, Turkey, UAE, and Pope Francis (first-ever Papal participation).

Support for Ukraine:
- Agreement to provide $50 billion in loans to Ukraine.
- Funding source: Leveraging interest earned on frozen Russian sovereign assets held in Western financial institutions.
Economic Security & China:
- Commitment to addressing "non-market policies" and industrial overcapacity in China.
- Focus on de-risking supply chains rather than decoupling.
AI and Energy:
- Discussion on "Energy and Africa/Mediterranean" and Artificial Intelligence.
- Emphasis on ethical AI development and global governance frameworks.
Climate Change:
- Reaffirmation of the goal to phase out unabated coal power generation during the first half of the 2030s.

Theme: Focused on "Artificial Intelligence, Energy, Africa, and the Mediterranean."
Key Proposals from India:
- Global South: Emphasized the concerns and aspirations of Global South countries.
- AI Leadership: Highlighted India's "AI for All" mission and the Global Partnership on Artificial Intelligence (GPAI).
- Energy Transition: Advocated for a human-centric approach to climate change and the "Mission LiFE" initiative.

Feature	G7 (Group of Seven)	G20 (Group of Twenty)
Membership	Advanced economies only	Advanced and emerging economies
Established	1975	1999
Economic Share	~30% of Global GDP	~85% of Global GDP
Inclusivity	Limited; seen as a "Western club"	Broader; includes African Union (as of 2023)

Category	Action/Decision
Infrastructure	Promotion of the PGII (Partnership for Global Infrastructure and Investment)
Migration	Agreement to launch a "G7 Coalition to Prevent and Counter the Smuggling of Migrants"
Food Security	Launch of the Apulia Food Systems Initiative to enhance climate-resilient agriculture