The G7 Summit has ended with promises to build back a better world. The leaders coined a phrase and an abbreviation for their vision. It is the Build Back Better World plan, shortened to B3W. A key feature of this plan is for G7 countries to embark on a series of global economic initiatives. The White House said: "Through B3W, the G7...will coordinate in mobilizing private-sector capital in four areas of focus - climate, health and health security, digital technology, and gender equity and equality." It will help fund infrastructure projects and improve trade routes."
The White House announced wider plans. It said: "B3W will be global in scope, from Latin America and the Caribbean to Africa to the Indo-Pacific....The initiative will cover low- and middle-income countries across the world." Another promise to come from the Summit was to vaccinate a billion people in poorer countries. This is "a big step towards vaccinating the world". Other promises included improving early warning systems to prepare for any future health crisis, supporting a green revolution that cuts CO2 emissions, and getting 40 million more girls into education by 2026.