The G7 is committed to decarbonising the majority of electricity production by 2035, and most of road transport by 2030. This is what is stated in the final statement of the G7 Energy. For the maritime sector and civil aviation, the goal is decarbonisation by 2050 and aims to “significantly increase low- or zero-carbon transport, such as public transport, railways, shared mobility, bicycles” and to “accelerate the ‘adoption of electric vehicles, financing the charging infrastructures ”. The G7 then pledges to “construct zero-emission buildings by 2030 or earlier”.
The G7 states have also pledged to end foreign funding of fossil fuel projects lacking carbon capture technologies by the end of 2022, thanks to a reversal of Japan, the latest country in the group to refuse to commit. “We are committed to ending all new international public support for the non-carbon capture fossil fuel sector by the end of 2022,” the note reads.