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" in Europe alone, more than 300,000 new jobs were created in the renewables sector in just five yearS"Pictured: ConnieHedegaardenergy-efficient homes. It is about lower energy bills. The world's leaders must use the Rio+20 summit in June to bring sustainable development to the heart of the global economic agenda. This is where it belongs rather than in the environment silo isolated from the key economic decisions. Only then can we bring the actions to the scale we need with the speed we need.Nothing should be more urgent right now. Not for politicians. And certainly not for business. Time is our most scarce resource. In 2010, global greenhouse gas emissions reached the highest level ever.The EU is already moving in the right direction, domestically and abroad. We have binding targets for emissions reductions and renewables, a price on carbon, and energy efficiency measures. And we are looking at smarter ways of taxation away from labour and towards consumption.But developed countries cannot tackle environmental challenges on their own. This is no longer possible in the reality of the 21st century, where emerging economies account for the biggest growth, also in energy consumption and emissions. We are at a point where all countries must act, in line with their respective capabilities and responsibilities. And we need to join hands with the private sector; we need to price environmental pollution. Private capital seeks profitable grounds. The cost of production is not the only thing that determines the value of a product. The harm it makes to its surroundings must be priced as well. Only this way can we give the incentive to turn investments sustainable.Economic growth must be measured beyond GDP. It must capture the natural wealth of a country, of a clean environment, of social cohesion. A sustainable growth to guarantee children born in 2012 a decent life. nAbout the AuthorConnie Hedegaard had already been working with climate issues for several years by the time she began her appointment as the EU's first ever Commissioner for Climate Action in February 2010. In August 2004 she was appointed as Danish Minister for the Environment. In 2007 she was in charge of setting up the Danish Ministry of Climate and Energy, where one of the main tasks was to prepare the UN Climate Conference in Copenhagen in December 2009.Connie Hedegaard began her political career while a student at the University of Copenhagen. In 1984, at the age of 23, she was elected to the Danish Parliament as a member for the Conservative People's Party, thereby becoming the youngest Danish MP ever at that time. In 1989, Connie Hedegaard became first spokesperson for the Conservative People's Party, but chose to leave politics for journalism in 1990. Apart from working as a politician and journalist, Connie Hedegaard has sat on a number of committees and boards, including chairing the Centre for Cultural Cooperation with Develop- ing Countries (CKU) and as a member of the board of the Danish Parliament's Democracy Foundation.g-20 members 031

The Rebirth of JapanYoshihiko Noda, Prime Minister, Japan Drawing on the lessons learned from the Fukushima disaster for the future, is one of the historic missions that we must fulfill. The excuse that the "unexpected" has happened will no longer be accepted. In order to build a sustainable country and communities that withstand all kinds of natural disasters, including tsunami, our disaster management measures as a whole will be reviewed and strengthened. Our flight against the accident at Tokyo Electric Power Company's (TEPCO) Fukushima Daiichi Nuclear Power Station is not at all over. The completion of Step 2 at the end of last year is no more than a milestone in the long process leading up to the decommissioning of the reactors. It is from now that we fully embark on the path toward Fukushima's rebirth and the restoration of its beautiful landscape.The rehabilitation of the living environment is an urgent task, for the evacuees to be able to return to their hometowns and live with a sense of reassurance. Efforts will be made to swiftly resume public services, including hospitals and schools. In order to protect children and pregnant women in particular from the effects of radiation, initiatives will be taken to thoroughly decontaminate living spaces, ensure the health management of all community members, and restore confidence in the safety of the food. Also, every effort will be made to achieve fair and smooth compensation payments from the perspective of the affected people. In addition, the intentions of relevant municipalities and community members will be fully grasped, and careful responses will be taken for the review of the restricted area and evacuation zones. I have visited Fukushima three times since " In order to build a sustainable country and communities that withstand all kinds of natural disasters, including tsunami, our disaster management measures as a whole will be reviewed and strengthened. "taking office as Prime Minister. The beautiful ridgeline of mountains and the sound of clear rivers and water that flows between the dense set of trees - wherever I go, I feel a sense of nostalgia. It is the beautiful landscape that every Japanese person thinks of when they think of a typical Japanese hometown.Without the rebirth of Fukushima, there can be no rebirth for Japan. Unless Fukushima is reborn, a vibrant Japan cannot be restored. I hope that my making repeated references to this will lead to all people sharing this notion. In order to translate this hope into concrete action, a special measures bill will be submitted for the Government and communities to promote the rebirth of Fukushima in unison.Every effort will also be made for the revival of Japan's economy, both for the earthquake-affected areas to make certain progress toward reconstruction as well as for Japan to overcome the long stalemate and pass on prosperity for the future. The revival of a large middle class also requires the entire Japanese economy to regain its energy by achieving both the competitiveness of companies, beginning with small- and medium-sized enterprises, and employment creation. The variety of impediments which have hindered companies' domestic investment and employment creation will be removed, and the foundation of industry and employment will be defended. At the same time, the seeds for growth will be planted for generating new added value, and an environment will be developed for fostering the buds of new industries.The FY2012 budget that includes a great many projects for the rebirth of Japan is the first step toward economic revival. I will strive to realize its early passage along with the fourth supplementary budget. Pictured: Yoshihiko Noda032 G-20 MEMBERS