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G7 ministers in Toronto launched $6.4B in clean energy investments, backed Ukraine’s recovery, and advanced AI, nuclear, and climate initiatives.
G7 energy and environment ministers concluded their meeting in Toronto, advancing initiatives on energy security, critical minerals, and sustainability under Canada’s presidency.
They launched 26 new investments totaling $6.4 billion, pledged up to $20.2 million for international R&D, and endorsed a work plan on responsible AI in energy systems.
The group issued a comprehensive statement on nuclear and fusion energy, emphasized supply chain resilience, and reaffirmed strong support for Ukraine’s energy recovery amid ongoing attacks.
Canada accelerated $10 million of its $70 million pledge to Ukraine’s energy fund and announced domestic funding for carbon removal and clean energy projects.
The G7 also introduced the Toronto Action Plan on circular economy and a water coalition workplan, while promoting grid modernization, clean technology innovation, and climate-resilient infrastructure.
Los ministros del G7 en Toronto lanzaron $6.4B en inversiones de energía limpia, respaldaron la recuperación de Ucrania y avanzaron en iniciativas de IA, nucleares y climáticas.