G7 Policy Brief on Financial dDPI published

01. April 2025

The Think Tank of G7, called Think7 or T7 is one of seven official engagement groups that are independent, non-government bodies that provide annual advisory insights to the G7. This year, the T7 solicited hundreds of policy ideas from around the world that led to 15 final Policy Briefs built around four thematic areas to shape the recommendations for the G7. These themes constituted the task force domains:

• Transformative Technologies — AI and Quantum

• Digitalization of the Global Economy

• Environment, Energy and Sustainable Development

• Global Peace and Security

The Policy Briefs will serve as background material for the T7 Final Communiqué to be presented to the Canadian Presidency ahead of the G7 Summit.

Within Digitalization of the Global Economy, our Policy Brief proposes the creation of the International Financial Framework (IFF) – a G7-led international body that will coordinate digital finance policy, standard-setting, and interoperability on a global scale.

International fragmentation risks leading to financial instability are paramount. The G7 should lead an interoperable, efficient and participative solution by setting up the International Financial Framework (IFF). The IFF leads the development of the International Digital Financial Architecture with tokenized central bank reserves and a Global Liquidity Pool as its core pillars. Prosperity Data Networks linked to the Architecture could further catalyze growth within underserved micro-, small- and medium enterprises globally. With a multi-year, phased implementation, the G7-led IFF would be extended to G20 and emerging economies to safeguard the international financial system and to make it future-proof tailored to the diverse needs of economies. 

The IFF could help to shepherd all the ongoing G7 - G20 and global - digital currency and asset activities towards a shared vision and joint path.

Authors: Daniel Nagy, Jascha Stein, Mei Lin Fung, Alicia Garcia-Herrero, Patrizia Bussoli, Tamara Singh

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