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Map of G8 member nations and the European Union. The Group of Eight (G8) was an intergovernmental political forum from 1997–2014. [1] It had formed from incorporating Russia into the G7, and returned to its previous name after Russia was expelled in 2014.
On June 7, 2007, leaders at the 33rd G8 summit issued a non-binding communiqué announcing that the G8 nations would "aim to at least halve global CO 2 emissions by 2050". The details enabling this to be achieved would be negotiated by environment ministers within the United Nations Framework Convention on Climate Change in a process that would ...
At the G8 meeting in June 2005 administration officials expressed a desire for "practical commitments industrialized countries can meet without damaging their economies". According to those same officials, the United States is on track to fulfil its pledge to reduce its carbon intensity 18% by 2012. [ 96 ]
BASIC countries, four large newly industrialized countries, Brazil, South Africa, India, China, to act jointly on climate change and emissions reduction; Benelux Union is a politico-economic union of three neighbouring states in western Europe: Belgium, the Netherlands, and Luxembourg.
The Group of Seven (G7) was an unofficial forum which brought together the heads of the richest industrialized countries: France, Germany, Italy, Japan, the United Kingdom, the United States, and Canada starting in 1976. The Group of Eight (G8), meeting for the first time in 1997, was formed with the addition of Russia. [3]
Canada was one of the last industrialized nations to enter into a downturn. GDP growth was negative in Q1, but positive in Q2 and Q3 of 2008. The recession officially started in Q4. The almost 1-year delay of the start of the recession in Canada relative to the U.S. is largely explained by two factors.
The Group of Seven (G7) was an unofficial forum which brought together the heads of the richest industrialized countries: France, Germany, Italy, Japan, the United Kingdom, the United States, and Canada starting in 1976. The G8, meeting for the first time in 1997, was formed with the addition of Russia. [1]