The OECD provides evidence, data and expertise to inform G7 discussions. The OECD Secretary-General and the OECD Sherpa participate in the G7 Leaders’ Summit and Finance Ministers and Central Bank Governors’ meetings, while the OECD Chief Economist represents the OECD at Finance Deputies’ meetings. 

At the invitation of G7 Presidencies, the OECD has provided substantive support to the G7 over the years to help design multilateral solutions to shared global challenges. This collaboration has fostered consensus within and beyond G7 countries, addressing a range of policy issues such as international taxation and climate change. The OECD has supported the launch of the Climate Club and leveraged its flagship Inclusive Forum for Carbon Mitigation Approaches. On digitalisation and AI, the OECD has supported implementation of the G7 Hiroshima Process on generative Artificial Intelligence. Additionally, it has played a key role in combating money laundering and terrorism financing, contributing to the G7’s decision to establish the Financial Action Task Force (FATF) in 1989. Furthermore, the OECD has been instrumental in promoting international action for sustainable development and fostering partnerships with emerging regions; for example, the OECD supported the establishment of the G7 Deauville Partnership, a long-term global initiative that provides Arab countries in transition with a framework for technical support to strengthen governance and achieve sustainable and inclusive growth.

In 2024, the OECD is supporting the Italian Presidency’s focus on boosting development opportunities and strengthening partnerships with developing and emerging countries, particularly in Africa. In addition to leveraging the African Virtual Investment Platform, a joint OECD-African Union Commission project, we are working with the G7 to address vulnerabilities in critical mineral supply chains, while fostering responsible critical minerals mining and local value addition in resource-rich countries. The OECD is also supporting G7 action on broader systemic challenges: for example, on the digital transformation, we are helping the G7 to develop monitoring and measurement mechanisms to strengthen AI governance, including by providing support to the application of the Hiroshima AI Process and Code of Conduct, as well as a toolkit for AI in the public sector and a G7 Action Plan for the trustworthy use of AI in the workplace.

The OECD is working in many other areas to advance the priorities of Italy’s 2024 G7 Presidency, from supporting Ukraine’s reconstruction and recovery through the OECD-Ukraine Country Programme and fostering gender equality through the annual OECD-G7 Gender Equality Dashboard, to contributing our data, analysis and standards to inform action on anti-corruption, climate change, employment, health and infrastructure investment.