Thursday, May 26, 2011

What is the G8?

From Wikipedia
The Group of Eight (G8, and formerly the G6 or Group of Six) is a forum, created by France in 1975, for the governments of six major economies: France, Germany, Italy, Japan, the United Kingdom, and the United States. In 1976, Canada joined the group (thus creating the G7). In 1997, the group added Russia, thus becoming the G8. In addition, the European Union is represented within the G8, but cannot host or chair. "G8" can refer to the member states or to the annual summit meeting of the G8 heads of government. The former term, G6, is now frequently applied to the six most populous countries within the European Union. G8 ministers also meet throughout the year, such as the G7/8 finance ministers (who meet four times a year), G8 foreign ministers, or G8 environment ministers.

Each calendar year, the responsibility of hosting the G8 rotates through the member states in the following order: France, United States, United Kingdom, Russia, Germany, Japan, Italy, and Canada. The holder of the presidency sets the agenda, hosts the summit for that year, and determines which ministerial meetings will take place. Lately, both France and the United Kingdom have expressed a desire to expand the group to include five developing countries, referred to as the Outreach Five (O5) or the Plus Five: Brazil, People's Republic of China, India, Mexico, and South Africa. These countries have participated as guests in previous meetings, which are sometimes called G8+5.

With the G-20 major economies growing in stature since the 2008 Washington summit, world leaders from the group announced at their Pittsburgh summit on September 25, 2009, that the group will replace the G8 as the main economic council of wealthy nations.

Structure and activities
By design, the G8 deliberately lacks an administrative structure like those for international organizations, such as the United Nations or the World Bank. The group does not have a permanent secretariat, or offices for its members.

The presidency of the group rotates annually among the member countries, with each new term beginning on 1 January of the year. The country holding the presidency is responsible for planning and hosting a series of ministerial-level meetings, leading up to a mid-year summit attended by the heads of government. The president of the European Commission participates as an equal in all summit events.

The ministerial meetings bring together ministers responsible for various portfolios to discuss issues of mutual or global concern. The range of topics include health, law enforcement, labor, economic and social development, energy, environment, foreign affairs, justice and interior, terrorism, and trade. There are also a separate set of meetings known as the G8+5, created during the 2005 Gleneagles, Scotland summit, that is attended by finance and energy ministers from all eight member countries in addition to the five "outreach countries" which are also known as the Group of Five — Brazil, People's Republic of China, India, Mexico, and South Africa.

In June 2005, justice ministers and interior ministers from the G8 countries agreed to launch an international database on pedophiles. The G8 officials also agreed to pool data on terrorism, subject to restrictions by privacy and security laws in individual countries.

Global energy
G8 leaders confer together during the 2009 summit in L'Aquila (Abruzzo, Italy).At the Heiligendamm Summit in 2007, the G8 acknowledged a proposal from the EU for a worldwide initiative on efficient energy use. They agreed to explore, along with the International Energy Agency, the most effective means to promote energy efficiency internationally. A year later, on 8 June 2008, the G8 along with China, India, South Korea and the European Community established the International Partnership for Energy Efficiency Cooperation, at the Energy Ministerial meeting hosted by Japan holding 2008 G8 Presidency, in Aomori.

G8 Finance Ministers, whilst in preparation for the 34th Summit of the G8 Heads of State and Government in Toyako, Hokkaido, met on the 13 and 14 June 2008, in Osaka, Japan. They agreed to the “Go8 Action Plan for Climate Change to Enhance the Engagement of Private and Public Financial Institutins.” In closing, Ministers supported the launch of new Climate Investment Funds (CIFs) by the World Bank, which will help existing efforts until a new framework under the UNFCCC is implemented after 2012.

Annual summit
The annual G8 leaders summit is attended by eight of the world's most powerful heads of government. However, as noted by commentators the G-8 summit is not the place to flesh out the details of any difficult or controversial policy issue in the context of a three-day event. Rather, the meeting is to bring a range of complex and sometimes inter-related issues. The G8 summit brings leaders together not so they can dream up quick fixes, but to talk and think about them together.[16]

Each of the 36 G8 summit meetings could have been called a success if the events had been re-framed as venues to generate additional momentum for solving problems at the other multilateral conferences that meet throughout the year. The G8 annual summit sets the stage for what needs to be done and establishes an idea of how to do it, even if that idea is, at best, rough and patchy. The serial annual summits can be parsed chronologically in arguably distinct ways, including as the sequence of host countries for the summits has recurred over time, series, etc.

The summits have also been the site of numerous, large-scale anti-globalization protests.



______
In the interests of Order and Method: My Schedule of Regular Posts:
*Monday through Friday morning - schedules of President, VP and Secretary of State and her diplomats
*Monday through Friday afternoon - List of topics Limbaugh discussed on his program that day
*Monday through Friday throughout the day - My posts on anything that I feel like talking about. At least one or two a day, sometimes more.
*Saturday through Sunday morning - An addition to my booklist of political books - covering Democrats, Republicans and other interested parties.

No comments:

Post a Comment