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Does the G8 make a difference? What has been achieved by the G8 in the last years?

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Does the G8 make a difference? What has been achieved by the G8 in the last years?

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Although the G8 is sometimes seen as being omnipotent or the world’s directoire by anti-globalization protestors, it is also criticised for being irrelevant or a moribund entity because it does not have real decision-making capacities. Nonetheless, the G8 can play a real and important role and the Summit should not be viewed as simply a symbolic meeting or only a photo-opportunity. For instance, the 1996 Summit in Lyon launched the first Highly Indebted Poor Countries (HIPC) initiative while the preceding US and UK Presidencies have given the Summit process a new lease of life with attention to the Middle East, climate change and a doubling of aid to Africa. Germany is using the G8 this year as a platform to put growth and responsibility in the world economy, including climate change and energy efficiency, and growth and responsibility in Africa centre stage. Chancellor Merkel has invited selected Leaders from major emerging economies (Brazil, China, India, South Africa, and Mexico) as

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