The Group of Seven (G7) is an informal grouping of seven of the world’s advanced economies consisting of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. The forum offers an opportunity for G7 Leaders, Ministers and policy makers to come together each year to build consensus and set trends around some of today’s most challenging global issues.
The European Union (EU) was first invited to attend the G7 in 1977 and the President of the European Commission has attended all of its sessions since 1981. Both the President of the European Council and the President of the European Commission represent the EU at G7 summits.
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At the World Economic Forum 2010, a new initiative to accelerate growth in sustainable agriculture was announced. The project, ‘A New Vision for Agriculture’ aims to enhance public-private collaborations among stakeholders throughout the industry.
Indicating the role of agricultural investment in the recovery of the global economy, the initiative was set up by industry, governments, multilateral organisations and civil society. A Project Board from the World Economic Forum will provide leadership to the initiative and the World Economic Forum’s Global Agenda Council on Food Security will also offer guidance, whose global leaders will help to provide a network on which to build partnerships.
The initiative aims to develop a sustainable agri-food system that will be able to provide enough food for the projected 9.2 billion people in 2050 whilst meeting environmental sustainability goals. Recognising the extent to which action needs to be taken, the initiative will focus itself on bringing together the capacities of both the public and private sectors to address issues such as:
Increasing investment in agriculture.
Improving stewardship practices of safeguarding natural resources.
Building infrastructure and improving policies to enable farmers’ access to markets.
Maximising the economic growth opportunities provided by agriculture.
‘A New Vision for Agriculture’ intends to provide a platform for key high-level leaders to share insights, offer advice and recommendations and support existing initiatives that show promising opportunities for collaboration and scaling.