ROME – The Group of Seven countries are ready to make a commitment to phasing out coal in the first half of the 2030s, local media reported on Monday.

Currently gathered in the Italian city of Turin for a two-day meeting, the G7 ministers are holding talks on climate, energy, and the environment.

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They are expected to finalize their pledge on Tuesday, focusing on setting a date for eliminating coal as a source of energy between 2030 and 2035, Italian Class CNBC reported.

"We have an agreement to phase out coal in the first half of the 2030s," UK energy minister Andrew Bowie told the news channel on the sidelines of the meeting.

The G7 comprises Canada, the United States, France, Germany, Italy, the United Kingdom, and Japan, and meetings are also usually attended by top officials from the European Union.

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A recent report by Climate Analytics said none of these countries is currently on track to meet its existing emissions targets for 2030.