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Reuters
Reuters
Business
By Andreas Rinke

G7 members should not compete against each other on renewables - von der Leyen

U.S. President Joe Biden, Germany's Chancellor Olaf Scholz, Britain's Prime Minister Rishi Sunak, European Commission President Ursula von der Leyen, President of the European Council Charles Michel, Italy's Prime Minister Giorgia Meloni, Canada's Prime Minister Justin Trudeau, France's President Emmanuel Macron and Japan's Prime Minister Fumio Kishida attend a working lunch meeting at G7 leaders' summit in Hiroshima, western Japan May 19, 2023, in this handout photo released by Ministry of Foreign Affairs of Japan. Ministry of Foreign Affairs of Japan/HANDOUT via REUTERS

The Group of Seven (G7) rich nations should work together to access technology and secure sources of critical minerals for a green transition, creating additional manufacturing capacity rather than competition, a top European diplomat said on Friday.

The G7 is accelerating its push towards greener technologies after Russia's invasion of Ukraine disrupted decades-long energy supply chains. The group also wants to cut reliance on China, which dominates critical mineral supply chain.

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