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Attending this initial meeting were:

  • Members of the Group of 8 or G8
    These are the world's largest economies (Canada, France, Germany, Italy, Japan, Russia, United Kingdom, and United States) plus the European Union
  • 8 other leading economies
    Australia, Brazil, China, India, Indonesia, the Republic of Korea, Mexico, and South Africa.

Some observers believe that the Major Economies Process will emerge as a key adjunct to the UN process, the forum where the leading emitters work out a framework that can then be presented to the larger international community in the UNFCCC meetings.

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