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G-20 MEMBERS111called for a Global Green New Deal. According to this, governments are encouraged tosupport a greener economy that creates green jobs,promotes sustainable and inclusive growth, andadvances the Millennium Development Goals (MDGs).Today, at this summit, we are responding to that call. It would be important to note the establishment of thecountry's National Planning Commission, which heldits inaugural meeting last week. It has been tasked toassist us to develop long-term development plans totake the country beyond the next decade. TheCommission will develop well-researched, evidence-based proposals, cutting across the three spheres ofgovernment and across ministries and departments. Itwill produce reports on a range of issues that impact onour long term development. These include water, food and energy security, climatechange, infrastructure planning, human resourcedevelopment, defence and security matters, thestructure of the economy, spatial planning,demographic trends and so forth. The work of thecommission will have a significant impact on how weunderstand the green economy and the role it is goingto play in the country's development in ten to twentyyears time. It would be important also for theCommission to have the benefit of the deliberationscurrently underway on strategies to promote a greeneconomy. A Green Economy will require integrated strategies andplans that effectively balance economic,environmental and social development objectives.Such a delicate balance will require carefully craftedpolicy and institutional frameworks that are gearedtowards practical action and delivery. We recognisethat a substantial increase in investment is necessaryto achieve climate change mitigation and adaptation. We are seeking a global agreement that the bulk of thisinvestment should come from those countries thatbear the greatest historical responsibility for climatechange, the countries of the developed world. At thesame time, South Africa should seek to mobilise bothpublic and private resources for mitigation andadaptation. There is increasing recognition that cleantechnology development offers significant businessopportunities and gains. As a country we need to improve our capacity todevelop and use such technology. In doing so, we willbe able to elaborate the economic case forenvironmental management and sustainabledevelopment. We also need to make the case thatfunctioning ecosystems underpin all economic andsocial activity. Ecosystem failure will seriously compromise our abilityto address our social and economic priorities. Naturalresources are national economic assets, and oureconomy depends heavily on energy and mineralresources, biodiversity, agriculture, forestry, fishingand tourism. In short, we have no option but to manageour natural resources in a sustainable way. We have nochoice but to be eco-friendly. We have no choice but todevelop a green economy. As we look at our national priorities and interests, weshould be careful not to separate them from theeconomic, social and environmental priorities of theregion and continent. There is significant opportunityfor the development of a green economy in SouthernAfrica, and which extends to other parts of thecontinent. nThe above remarks are excerpts from the keynoteaddress by Jacob Zuma, President of the Republic of South Africa, at the Green Economy Summit,Sandton Convention Centre, Johannesburg on 18 May 2010. For further information please visit(

" "TO HELP SECUREPRIVATE SECTOR INVESTMENT, WEARE PROVIDING UP TO £60 MILLION TO MEET THENEEDS OF OFFSHORE WIND INFRASTRUCTUREAT OUR PORTSutlining the Government's strategy forboosting growth and jobs, the UK PrimeMinister David Cameron promises a "neweconomic dynamism", where innovationsand green technology will flourish, supported by the Government's multimillion pound investmentsalready underway. All over the world, governments are identifyingdynamic sectors in their economy and workingstrategically to strengthen them. In America, PresidentObama is ramming home the advantage they alreadyenjoy in clean technology with US$38 billion ofinvestment. And Germany is building on the success oftheir car industry by investing ?500 million in electriccar technology. What they understand is that when you are looking forgrowth opportunities you do not stick a pin in a mapand drop down a research centre here or arbitrarilyback an industry there - you go with the grain of whatis already working. We understand that too. We have great industrialstrengths across our country, underpinned by world-beating companies. Green technologies in the NorthEast. Creative industries in London, Manchester andGlasgow. Financial services in Edinburgh. In retail,pharmaceuticals and advanced engineering. We havemade the strategic decision to get behind thesestrengths. You saw the evidence of that in ourSpending Review.Yes, money is incredibly tight. But we protected the science budget in cash terms. And we are also investing £220 million in a new world-class Centre for Medical Research and Innovation, £1 billion to create one of the world's first CarbonCapture and Storage demonstration plants, with three more projects to follow and £200 million in low-carbon technology, including offshore wind. Thepotential for Britain to lead in this industry is immense. We do not just have the wind, we have thefirst-class research capability and a wealth ofexperience across the aerospace, engineering andenergy sectors.But here is the problem. We need thousands of offshore turbines in the next decade and beyond - each one as tall as the Gherkin. Andmanufacturing these needs large factories which haveto be on the coast. Yet neither the factories nor theselarge port sites currently exist. And that,understandably, is putting off private investors. So weare stepping in. To help secure private sector investment in thistechnology, we are providing up to £60 million to meetthe needs of offshore wind infrastructure at our ports.And to help move things forward, the Crown Estate willalso work with interested ports and manufacturers torealise the potential of their sites. It is a triple win. It will help secure our energy supplies, protect our planet and the Carbon Trust saysit could create 70,000 jobs. And it is a cleardemonstration of the coalition's approach - alert tothose sectors that are strong but could be stronger,alive to the possibilities they promise and active aboutexploiting them. But potentially the most exciting part of our strategy forgrowth is to make it easier for new companies andinnovations to flourish. For well over a century, theshape of successful business remained largely thesame. Heavy investment in capital and raw materials.CREATING A NEW ECONOMIC DYNAMISM112G-20 MEMBERSDAVID CAMERON, PRIME MINISTER, UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELANDO