The 47th G7 summit was held from 11 to 13 June 2021 in Cornwall, England, during the United Kingdom's tenure of the presidency of the Group of Seven (G7), an inter-governmental political forum of seven advanced nations.

[15] António Guterres, the United Nations Secretary-General, also attended the summit, whilst Narendra Modi, the Indian Prime Minister, participated remotely due to the ongoing COVID-19 crisis in India.

[26] South African President Cyril Ramaphosa urged the group to boost COVID-19 testing, diagnostics and vaccines to help finance the World Health Organization's program on those issues.

[27] Johnson also focused on climate change, a top priority for the United Kingdom ahead of the COP26 conference, which it was due to host in November 2021.

[32] Negotiations over reforming the corporate taxation of multinationals were also carried out, with the United States agreeing to a deadline of the summer to make progress on the issue after threatening to impose tariffs on European countries in retaliation for their new digital sales tax.

[32][33] The United States also reviewed a plan for the IMF to allocate up to £500bn in special drawing rights to its members, which had been widely endorsed by other countries but was previously blocked by the US.

[35] German Finance Minister Olaf Scholz issued a statement about his concerns of authorizing the launch of Facebook's Diem (formerly Libra) cryptocurrency in Europe.

[37] In response to this, a spokesperson for the Chinese embassy in London stated that "The days when global decisions were dictated by a small group of countries are long gone.

"[38] On 12 February 2021, finance ministers and central bank governors from the G7 members held a meeting to discuss the relevant financial issues, from fiscal stimulus to aid for poor countries.

[40] On 19 February 2021, a virtual meeting of G7 leaders was held to call for further international cooperation on vaccine distribution and to take steps on rebuilding from the coronavirus pandemic.

[48] However, Malpass also stated that a lack of transparency of contracts and delivery schedules was hampering the effort to get vaccines to developing countries quickly.

[49][50][51] On 18 March 2021, the Foreign Ministers of G7 and the High Representative of the EU issued a joint statement of condemnation of the continued annexation of Crimea by Russia.

[56] On 12 April 2021, the G7 foreign ministers issued their joint appeal on the eve of a NATO meeting in Brussels over concerns that the years-long War in Donbas could escalate sharply.

[65] The UK government denied the summit had caused the rapid rise in cases in Cornwall, pointing to the increase in summer tourism and an outbreak among students.

[65] Professor Tim Spector, lead scientist on the COVID Symptom Study, explained it as a "sudden influx of holidaymakers over half-term, as well as the recent G7 Summit and a previously unexposed local population".