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At their summit in Hiroshima, Japan, earlier in mid-May, the Group of Seven wealthy industrial nations committed themselves to improving global food security. The Hiroshima Statement for Resilient Global Food Security called for increasing development assistance and food aid to address an ...

G7 Finance Ministers Step Up Criticism of China Over Global South Debt Relief, China Blames U.S.

China's apparent refusal to send officials to last week's annual meetings of the World Bank and International Monetary Fund prompted widespread criticism from G7 finance ministers who accused Beijing of not doing enough to help resolve the growing debt crisis in Africa and other developing regions.

Why China Won’t Fill a Development Finance Gap for Gas

By Cecilia Springer and Rishikesh Ram Bhandary At the end of May, Group of Seven (G7) countries committed to end public finance for overseas fossil fuel activities, going beyond their earlier commitment from last year to end such finance for overseas coal ...