Climate Change, World Trade at Forefront of Day Two of G8 Summit

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09 July 2009

Climate change and trade figure prominently on this second day of the
G8 summit in L'Aquila, Italy as leaders of the world's most powerful
economies expand talks to take in counterparts and representatives of
major emerging economies.


Summit host, Italian Prime Minister Silvio Berlusconi welcomed world leaders for a second day of discussions in L'Aquila.

The
agenda items are much the same - the global economic crisis, the
environment, climate change and trade. But, Thursday's talks were
expanded from the G8 group to include the so-called G5 nations of major
emerging economies - China, India, Brazil, South Africa and Mexico. 
But others were invited to the table as well, along with international
organizations.  

On climate change, G8 leaders agreed Wednesday
on new targets to limit greenhouse gas emissions and try to limit
global warming to just two degrees centigrade above pre-industrial
levels.

In announcing that decision, Prime Minister Berlusconi
spoke of the need to bring other countries into the process, especially
India, China and Brazil.

It would be counterproductive, Mr.
Berlusconi said, if the United States, Europe, Canada and Japan
implement strategies to cut emissions if other countries do not.

G8
leaders have said the group wants to be inclusive and bring other
nations into discussions on global issues. The move is also widely
seen as an increasing understanding that while G8 members may be the
world's most powerful nations, they cannot solve issues such as the
global economic crisis or climate change without the help of others.