G7 creates climate club to fight global warming

German Chancellor Olaf Scholz said the Group of Seven leading economies have created an open and international climate club for countries to cooperate in the fight against global warming. The chancellor said the climate club “is not intended to be a G-7 initiative; rather, it is to be a global undertaking.”

The climate club aims to support the rapid and ambitious implementation of the Paris Agreement and to limit global warming to 1.5°degrees, according to the German government. The partnership will help to accelerate the decarburization of industries, further develop emissions reduction measures and counter the risk of carbon leakage.