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reserves in the IMF in order to strengthen itscapacity? Lastly, we must agree on commonrecommendations regarding the management ofcapital flows. I hope that on all these issues, thefinance ministers will be able to agree on concreteproposals in preparation for the Cannes summit.COMMODITY MARKET REGULATION I also spoke to you last year about the regulation ofcommodity markets. The action plan adopted in Juneby the G20 agriculture ministers takes up the mainchallenge: that of production. The famine in theHorn of Africa, which required emergency actionwith the FAO, and the suffering of almost a billionhumans as a result of constant malnutrition areoutrageous; but these outrages will cease only whenthe world reinvests in agricultural production on amassive scale. An ambitious agenda with respect tomarket transparency and derivatives regulation isalso required. We need to define rules for theagricultural derivatives markets that are comparableto those in effect for the financial markets, withsanctions for the abuse of a dominant marketposition.DEVELOPMENT/CANNES SUMMITThe French presidency wanted to make developmenta top priority for the G20. It is a prerequisite for itslegitimacy. But it is also, above all, in everyone'sinterest to reduce poverty and development gapsbetween nations. The Cannes summit will focus onfood security and concrete infrastructure projects. But I wanted the G20 to discuss developmentfinancing as well. Given how difficult it is for thedeveloped countries to increase public assistance,and given the scope of the challenges to be met inthe most vulnerable countries, everyone knows thatinnovative financing is a necessity. I have longchampioned the creation of a tax on financialtransactions. During my meeting with ChancellorMerkel on 16 August, we decided that France andGermany would present a proposal to their Europeanpartners in September. Our objective is for Europe toset an example of what can be done, so that theothers rally to this initiative in Cannes. During thenext two months, I want you to very activelychampion this idea in the countries where you areposted. France is and will remain in the vanguard ofthe fight on behalf of the poorest of the poor.INTERNATIONAL INSTITUTIONALREFORM In Cannes, it is also the new world order that willmove forward. The G20's legitimacy derives from itseffectiveness; its ability to decide. But theimplementation of decisions must come aboutthrough the organisations that bring together theentire community of nations.Reforms of the international financial institutions to be completed must be complemented by those ofthe other organisations that are responsible forimplementing the G20's decisions: the WTO, the ILOand the FAO, to mention just three examples. Thus,one after another, the entire multilateral system that came into being in 1945 will adapt to thedemands of the 21st century by better integratingsocial progress and environmental protection intoglobal governance. nThe above remarks are extracted from a speech by NicolasSarkozy, President of the French Republic, at theNineteenth Ambassadors' Conference on 31 August 2011. Source: The French Ministry of European andForeign Affairs." "IN CANNES, WE WANT THEG20 TO AGREE ONAN ACTION PLANFOR GROWTH, INCLUDING SPECIFIC ANDCONCRETE COMMITMENTS BY THE LEADINGECONOMIESG20 MEMBER COUNTRIES115Below: Nicolas SarkozyPhoto: © European Union, 2011

or years, ADP has been involved involuntary policies in order to tackle climatechange at the regional, national andinternational levels. Those strategic lineshave been currently evaluated as A+ by BMJRatings, asubsidiary of Fitch and our CSR rating partner.In January 2008, ADP contracted several commitmentswith the French Ministry of Sustainable Development,based on our new climate change programme.PRODUCING CLEANER ENERGYThe two main airports of Paris-Orly and Paris-Charles deGaulle are managed like cities in terms of energyproduction. Since 2000, our utilities have beensystematically improved in order to achievecontinuously better environmental performance:switching from coal to natural gas; continuousmonitoring of smoke; fuel use limited to back-upfacilities; natural gas co-generation system producingcleaner electricity; use of waste incineration for theheating system of Paris-Orly terminals; implementationof solar heating systems in various spots.LOOKING FORWARD?ADP installed a geothermal power unit at Paris-Orlyairport with a capacity of 10 MW, contributing to zeroCO2 emissions, and decided to build a biomass unitpower at Paris-Charles de Gaulle airport, with a capacityof 10 MW and zero emissions too. These projects andthe continuous progress in the management ofemissions allow ADP to contract on the objective ofreducing its Greenhouse Gas emissions by 20 per centper passenger before 2020 and by 40 per cent before2040. Another goal is to use 15 per cent of energy fromrenewable sources by 2014, without offsetting.CONSUMING MORE EFFICIENTLYBetween 2005 and 2006 our efforts were rewarded by a 5 per cent saving in energy consumption. Thisperformance strongly credits our future commitments.ADP's new constructions are designed to meet therequirements of the High Environmental Quality - HEQcertification for environmentally friendly buildings.LOOKING FORWARD?ADP is currently developing its new and futureterminals, and more specifically its forthcomingbusiness centre and office buildings "Coeur d'Orly"(70,000 square metres), to HEQ standards. Our newtarget is to reduce our energy consumption by 13 percent before 2015.RESPONSIBLE MOBILITY In 1994 ADP opened a high speed train station in theheart of Paris-Charles de Gaulle airport, which iswelcoming today 5 per cent of the passenger traffic. Inaddition, our new automatic shuttle between terminals(called CDGVal) allows an annual saving of 2,000tonnes of CO2. ADP's car fleet is already green in 31per cent and we are buying 200 electric cars in 2012.LOOKING FORWARD?ADP will reduce the CO2 emissions of its car fleet byPARISAIRPORTS AUTHORITY: A NEW COMMITMENT TO EMISSIONS REDUCTION116G20 MEMBER COUNTRIESDIDIER HAMON, DIRECTOR OF ENVIRONMENT AND SUSTAINABILITY, PARIS AIRPORTS AUTHORITY (ADP)F