G8
In 2005, the UK government initiated the practice of inviting five leading emerging markets – Brazil, China, India, Mexico, and South Africa – to participate in the G8 meetings that came to be known as G8+5.
By 2015, 93% of funds had been disbursed to projects like sustainable agriculture development and adequate emergency food aid assistance.
Confusion surrounding the plans was made worse, critics say, by "a dizzying array of regional and national agriculture programmes that are inaccessible to ordinary people".
In April 2015, the German foreign minister Frank-Walter Steinmeier said that Russia would be welcomed to return to G8 provided the Minsk Protocol were implemented.
[27] In January 2017, the Italian foreign minister Angelino Alfano said that Italy hopes for "resuming the G8 format with Russia and ending the atmosphere of the Cold War".
[29] Nonetheless, Christian Lindner, the leader of Free Democratic Party of Germany and member of the Bundestag, said that Putin should be "asked to join the table of the G7" so that one could "talk with him and not about him", and "we cannot make all things dependent on the situation in Crimea".
[7][30] The US President Donald Trump also stated that Russia should be reinstated to the group; his appeal was supported by the Italian Prime Minister Giuseppe Conte.
[31] In the final statement of the 2018 meeting in Canada, the G7 members announced to continue sanctions and also to be ready to take further restrictive measures against the Russian Federation for the failure of Minsk Agreement complete implementation.
[32][33] On 11 June 2022, Vyacheslav Volodin, the current Chairman of the State Duma, announced on Telegram that "countries wishing to build an equal dialogue and mutually beneficial relations would actually form, together with Russia, a 'new G8'".
[34] Although Volodin mentioned the group of eight countries not participating in the sanctions against the Russian Federation—China, India, Indonesia, Brazil, Mexico, Iran, and Turkey—there have been no updates regarding the new G8; however, four of the seven nations listed are already a part of, or are expected to join in 2024, BRICS.
[35] The country holding the presidency is responsible for planning and hosting a series of ministerial-level meetings, leading up to a mid-year summit attended by the heads of government.
The range of topics include health, law enforcement, labor, economic and social development, energy, environment, foreign affairs, justice and interior, terrorism, and trade.
[38] The G8 officials also agreed to pool data on terrorism, subject to restrictions by privacy and security laws in individual countries.
[40] G8 Finance Ministers, whilst in preparation for the 34th Summit of the G8 Heads of State and Government in Toyako, Hokkaido, met on the 13 and 14 June 2008, in Osaka, Japan.
In closing, Ministers supported the launch of new Climate Investment Funds (CIFs) by the World Bank, which will help existing efforts until a new framework under the UNFCCC is implemented after 2012.
However, due to Crimea's annexation by the Russian Federation, the other seven countries decided to hold a separate meeting without Russia as a G7 summit in Brussels, Belgium.
[42] In 2012 The Heritage Foundation, an American conservative think tank, criticized the G8 for advocating food security without making room for economic freedom.
[51] The Y8 Summit brings together young leaders from G8 nations and the European Union to facilitate discussions of international affairs, promote cross-cultural understanding, and build global friendships.
