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G7 Investment in Peacebuilding for the Global Common Good

Abstract

G7 leaders at the Elmau Summit should commit to investing in peacebuilding efforts through three main avenues: development aid and reform, gender equality, and connecting the local to the global. They should do this through reallocating funds to peacebuilding efforts, tracking their progress on making the world more peaceful, and supporting the reform of UN peacebuilding efforts; focusing on investing in gender equality and access to quality education through peace processes; and supporting local and Indigenous people’s views in a peace process. These actions would directly address the global decline in peace, which the G7, as global leaders and defenders of democracy, human rights and the rule of law, should see as a priority.

This would also build on G7 leaders existing peace-related commitments that have been complied with. Of the G7 commitments that have been assessed for compliance, the average rate of compliance is 73%. The G7 is committed to peace but needs to take strong actions to increase the global level of peace as the global level of peace in 2022 is lower than the global level of peace was in 2008. While different members have different interests to invest in peace, the bottom line is that it is in the best interest of all G7 members to ensure a more peaceful world. Especially now, as Ukraine is ravaged by the illegal full-scale war launched against them by Russia. Conflict and violence do not just cost the world precious lives and resources, but also trillions of dollars annually.

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