That is why in Heiligendamm the G8 agreed to launch a new form of co-operation. The aim is to achieve tangible results within two years.
The G8 want to initiate a dialogue on relevant issues with the important emerging economies. Four areas are to be covered:
- Promoting and protecting innovation;
- Strengthening the freedom of investment by means of an open investment climate, including strengthening the principles of corporate social responsibility;
- Determining joint responsibilities for development, focussing specifically on Africa;
- Joint access to know-how to improve energy efficiency and technology co-operation, with the aim of contributing to reducing CO2 emissions.
The Organisation for Economic Cooperation and Development (OECD) in Paris is to provide a platform for this new dialogue, which will be launched in the second half of 2007. A progress report will be presented at the 2008 G8 Summit in Japan; a final report on the results of the dialogue will be put forward at the G8 Summit in Italy in 2009.