A two-day summit of the country's leaders in Germany concluded on Tuesday with plans for the reconstruction of Ukraine, resolving the global food security crisis, securing energy supply and tackling climate change.
The Chancellor of Germany spoke at the end of the G-7 summit.
The G-7 pledged to punish Russia further by coordinating more sanctions and reducing its revenue from energy exports after the summit.
The G-7 nations pledged a total of $29.5 billion in financial aid for Ukraine's reconstruction in 2022, plans for which will be made with the help of an international reconstruction conference.
The leaders said they will take immediate steps to secure energy supply and reduce dependence on Russia without compromising on existing climate goals.
The Climate Club will be established by the alliance made up of the U.S., Canada, the U.K., France, Germany, Italy and Japan.
The United States pledged $2 billion to address the food security crisis caused by the invasion of Ukraine.
The G-7 once again called on Russia to end its blockade of Ukrainian Black Sea ports, which are needed to export food grains from Ukraine, and said sanctions won't target the export of food and agricultural products from Russia.
The G-7 leaders denounced the attack on a shopping mall in central Ukraine which has so far claimed 18 lives. It's a war crime to attack innocent civilians. Russian President Putin and those responsible will be held to account.
The story is evolving.
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