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you know, the possibility that they will happen again is quite high. The world has entered the age of turbulence. In addition, there is a wave of technological changes; the configuration of global markets is also changing.For instance, the United States has actively developed the technology of shale gas production over the past years. Colleagues from LDPR ask about this issue and our attitude to it. It can dramatically restructure the hydrocarbons market. Russian energy companies must certainly meet this challenge. I agree with the deputies' proposal on the creation of a better long-term system of macroeconomic, financial, technological and defence forecasting. It is all the more important given that the 21st century promises to become the age of new geopolitical, financial, economic, cultural and civilisation centres. nVladimir Putin was sworn into office as President of the Russian Federation on 7 May 2012, for a six-year term. This is Mr Putin's third term as President - he formerly served for two terms from 2000 through 2008. He returns to the post after four years as Russia's Prime Minister. The above remarks are a part of Mr Putin's annual report on the Government Performance to the State Duma, delivered on 11 April 2012, when he was still President-Elect and Prime Minister. Source: Government of the Russian Federation.G-20 MEMBERS 035

THE Climate Security Challenge Around the world, governments - and militaries - are planning for climate instability. From flood defences to foreign aid, climate security is part of the policy discussion. But it is not yet part of the public discussion. And that is something that we have to change.We need to get people to engage with climate security; to understand what it means to be climate resilient in an interdependent world. Because at the moment, it is too easy to discount the danger. Climate change is something that can seem far away - not just in terms of distance, but also time. For people who do not live on the climate frontline, talk of 2030 projections and 2050 pathways can make the threat seem remote. But it is not. In less than eight years' time, we have to peak global emissions. That will only be achieved through real change. We must rewire the global economy, becoming more resource efficient whilst delivering more growth. The decisions that will shape the decades to come are being taken now, in boardrooms and staterooms around the world. Many of the homes, the cars and the power stations we build today will be operating in the middle of the century. We are choosing our future now, but most people do not realise it.MultiplierI believe a clear, hard look at climate security - at the risks that climate change could pose to our way of life - could change that. Because if we are going to stop talking about building a sustainable economy and start doing it, we need to take the public with us. That is why I absolutely welcome the work you are going to do over the next few days. We need to reframe the Edward Davey, Secretary of State for Energy and Climate Change, The United Kingdomdebate; to get away from the sometimes fraught politics, and start painting a picture of climate change as the security community see it. Not as a political football, or a far-off possibility; but as a threat multiplier. Something that is already magnifying existing pressures, increasing existing stresses. And making it harder to deliver our shared goals: peace, stability and prosperity for all. Because the truth is climate change is all of those things.RisksOur world is connected like never before. Open borders, trade and telecoms have brought our countries closer together. The ties between us are stronger; the world around us is smaller. Deeper connections bring real benefits for our citizens. But they also leave us exposed. In the global village, a fire in one house can quickly spread to another. A more unstable climate, with rising temperatures and more frequent and intense weather events, could affect the most fundamental aspects of our shared security: food, water, and trade. There is considerable expertise gathered here today. And I do not want to risk telling you things you already know. But there are a couple of things that I think really bring this argument to life.FactsFirstly, demand for food is predicted to grow by 70 per cent by 2050. But as our climate changes, so will crop yields - and crop distributions. A recent study found that if temperatures rose by just one degree, then 65 per cent of maize-growing areas in Africa would be less productive. When food becomes scarce, it is the most vulnerable who most feel the 036 G-20 MEMBERS