international security, human rights, and global security; for example, during this period, the G7 concerned itself with the ongoing Iran-Iraq War and Soviet occupation of Afghanistan. In the 1990s, it launched a debt-relief program for the 42 heavily indebted poor countries (HIPC); provided $300 million to help build the Shelter Structure over the damaged reactor at Chernobyl; and established the Financial Stability Forum to help in "managing the international monetary system". At the turn of the 21st century, the G7 began emphasizing engagement with the developing world. At the 1999 summit, the group helped launch the G20, a similar forum made up of the G7 and the next 13 largest economies (including the European Union), in order to "promote dialogue between major industrial and emerging market countries"; the G20 has been touted by some of its members as a replacement for the G7. Having previously announced a plan to cancel 90% of bilateral debt for the HIPC, totaling $100 billion, in 2005 the G7 announced debt reductions of "up to 100%" to be negotiated on a "case by case" basis. Following the global financial crisis of 2007–2008, which was the worst of its kind since the 1970s, the G7 met twice in Washington, D.C. in 2008 and in Rome the following February. News media reported that much of the world was looking to the group for leadership and solutions. G7 finance ministers pledged to take "all necessary steps" to stem the crisis, devising an "aggressive action plan" that included providing publicly funded capital infusions to banks in danger of failing. Some analysts criticized the group for seemingly advocating that individual governments develop their own responses to the recession, rather than cohere around a united effort. In subsequent years, the G7 has faced several geopolitical challenges that have led some international analysts to question its credibility, or propose its replacement by the G20. On 2 March 2014, the G7 condemned the Russian Federation for its "violation of the sovereignty and territorial integrity of Ukraine" through its military intervention. The group also announced its commitment to "mobilize rapid technical assistance to support Ukraine in addressing its macroeconomic, regulatory and anti-corruption challenges", while adding that the International Monetary Fund (IMF) was best suited to stabilizing the country's finances and economy. In response to Russia's subsequent annexation of Crimea, on 24 March the G7 convened an emergency meeting at the official residence of the