page 1
page 2
page 3
page 4
page 5
page 6
page 7
page 8
page 9
page 10
page 11
page 12
page 13
page 14
page 15
page 16
page 17
page 18
page 19
page 20
page 21
page 22
page 23
page 24
page 25
page 26
page 27
page 28
page 29
page 30
page 31
page 32
page 33
page 34
page 35
page 36
page 37
page 38
page 39
page 40
page 41
page 42
page 43
page 44
page 45
page 46
page 47
page 48
page 49
page 50
page 51
page 52
page 53
page 54
page 55
page 56
page 57
page 58
page 59
page 60
page 61
page 62
page 63
page 64
page 65
page 66
page 67
page 68
page 69
page 70
page 71
page 72
page 73
page 74
page 75
page 76
page 77
page 78
page 79
page 80
page 81
page 82
page 83
page 84
page 85
page 86
page 87
page 88
page 89
page 90
page 91
page 92
page 93
page 94
page 95
page 96
page 97
page 98
page 99
page 100
page 101
page 102
page 103
page 104
page 105
page 106
page 107
page 108
page 109
page 110
page 111
page 112
page 113
page 114
page 115
page 116
page 117
page 118
page 119
page 120
page 121
page 122
page 123
page 124
page 125
page 126
page 127
page 128
page 129
page 130
page 131
page 132

currencies such as the yuan? I was very pleased to seein the communiqué about the discussions betweenPresident Obama and President Hu Jintao that thequestion of integrating the yuan into the SDR wasraised. It is already a huge thing to ask this question!When France first spoke about it a few months ago, itwas highly controversial.These are complex questions. I am sure we will notsolve all the problems in one presidency. Yet Francewants a debate, because this debate can no longerwait. I would like to announce, in terms oforganisation, that I have proposed to ChancellorMerkel - who has accepted - that Germany co-chairthe working group on the international monetarysystem with Mexico, who will chair the G20 in2012.The second urgent issue is the volatility ofcommodity prices. If we do nothing, we risk food riotsin the poorer countries and an extremely negativeimpact on global growth.AREAS FOR ACTIONThere are four areas for action:We want regulation of the financial commoditymarkets. Some of them have no basic rules againstmarket abuse and price manipulation. Work is underway in the United States and Europe. We needcommon rules. How can we explain that it is normalto regulate the financial market, but that we have toabstain from any rules on agricultural derivatives? Itmakes no sense.We need to improve transparency on the physicalmarkets: predictability calls for knowledge ofproduction, consumption and stock prospects. Wewill propose setting up a joint database, much likeour oil database, to prevent food crises.We need to improve our food security mechanism. Iam thinking in terms of defining a code of goodconduct to exempt food aid from export restrictionsand building emergency stocks. It really isextraordinary that the food aid funds have to buycommodities at full price! In other words, not onlydoes speculation create food riots, but the food aidorganisations, to prevent people from dying, have topay full price for the food they buy! That makes nosense and it could trigger a massive flare-up, incountries and continents where they have nothing toeat. And that is unacceptable. We need to developagricultural supplies - and I hope that all myEuropean friends are listening - develop agriculturalsupplies if we want to feed the entire worldpopulation. The agriculture ministers have animmense responsibility in the G20.Finally, I would like us to look into how to put newfinancial insurance instruments to work for poorcountries so that they can protect themselvesagainst price increases and events affecting theirharvests. I have just given Pierre Jacquet, ChiefEconomist at the French Development Agency, abrief on this point. I would also like to announce thatMr Medvedev, President of the Russian Federation,has agreed to give particular attention to thesesubjects under the French Presidency. GLOBAL GOVERNANCE A word to conclude: global governance is a vast subject.We have reformed the IMF and the World Bank andcreated the Financial Stability Board.I have spoken of our will for the IMF to take its fullplace in the supervision of global imbalances, butthere is still so much to do: the creation of a worldenvironment organisation, the cohesion of all theagricultural organisations, action by the financialinstitutions in terms of the ILO's fundamentalstandards and the creation of a permanent G20secretariat to follow up on the implementation of ourdecisions between two presidencies.I have asked UK Prime Minister David Cameron, who has agreed, to work more specifically on these subjects.You see, this shows we are a co-operative Frenchpresidency. We have a consensus on the agenda. Wedo not have a consensus on the solutions, that is for forcertain, but we have made a lot of progress on theworking method and the agenda. Now we need tomake progress on the solutions. nThese remarks by Nicolas Sarkozy, President of theFrench Republic, are excerpted from the President'saddress at the Press Conference to present the Frenchpresidency of the G20 and G8 at the Elysée Palace on24 January 2011.For more information on the French Presidency of theG8 and G20 visit 37TH G8 SUMMIT On 1 January 2011 France assumed the 2011 G8Presidency and will host this year's G8 summit onMay 26-27 in Deauville, Normandy. The members of the Group of Eight (G8) are theworld's major advanced economies: Canada, France,Germany, Italy, Japan, Russia, the United Kingdomand the United States. The European Union leaders:President of the European Council and President ofthe European Commission also participate in the G8summits, however the EU does not host summits. G8 MEMBER COUNTRIES021

or years, ADP has been involved in voluntary policies in order to tackleclimate change, at a regional, national and international level. Those strategic lines are currently evaluated A+ by BMJRatings, a subsidiary of Fitch and our CSRrating partner. In January 2008, ADP contractedseveral commitments with the French Ministry ofSustainable Development, based on our new climatechange programme.PRODUCING CLEANER ENERGYThe two main airports of Paris-Orly and Paris-Charles de Gaulle are managed like cities in terms of energy production. Since 2000, our utilities have been systematically improved in order to achieve continuously better environmentalperformance: switching from coal to natural gas; continuous monitoring of smokes; fuel use limited to back-up facilities; natural gas co-generation system producing cleaner electricity; use of waste incineration for the heating system of Paris-Orly terminals; implementation of solar heating systems on different spots.Looking Forward? ADP installed a geothermal power unit at Paris-Orly airport with a power of 10 MW,contributing to zero CO2emissions and decided to build abiomass unit power at Paris-Charles de Gaulle airport,with a power of 10 MW and zero emissions too. Thoseprojects and 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 and to use 15 per cent of renewable energy by2014, without offsetting.PARIS AIRPORT AUTHORITY: A NEW COMMITMENT TO REDUCE CO2EMISSIONS022G8 MEMBER COUNTRIESDIDIER HAMON, DIRECTOR OF ENVIRONMENT AND SUSTAINABILITY, PARIS AIRPORT AUTHORITY (ADP)FCONSUMING MORE EFFICIENTLYBetween 2005 and 2006 our efforts were rewarded by a five per cent saving in energy consumption. This performance strongly credits our futurecommitments. ADP applies on its new constructionsa standard for environmentally friendly buildings: High Environmental Quality - HEQ.Looking Forward?ADP is currently developing its newand future terminals with HEQ standards, and morespecifically its forthcoming business centre and officebuildings "Coeur d'Orly" (70,000 square metres). Ournew target is to reduce our consumption of 13 per centbefore 2015.RESPONSIBLE MOBILITY Since 1994 ADP has been operating a high speed trainstation in the heart of Paris-Charles de Gaulle airport, whichtoday is welcoming five per cent of the passenger traffic. Inaddition, our new automatic shuttle between terminals(called CDGVal) allows an annual saving of 2,000 tonnesof CO2. ADP's car fleet is already 31 per cent green and wewill be buying 200 electric cars in 2012.Looking Forward?ADP will reduce the CO2emissionsof its car fleet by another 30 per cent within the nextfive years. A car sharing Internet tool is offered to ADPemployees and will be extended to the entire airportzones workforce. This programme is expected to save10 per cent of the commuting traffic for professionals.For the passengers, the new rail direct linkCDGExpress will connect Paris downtown to the Paris-