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G20 Cannes Summit Final Declaration: “Building our Common Future: Renewed Collective Action for the Benefit of All"
- 01.
- 02. A global strategy for growth and jobs
- 03-08. Fostering Employment and Social Protection
- 09.
- 10-11. Increasing the benefits from financial integration and ...
- 12-13. Reflecting the changing economic equilibrium and the emergence of new international currencies
- 14-16. Strengthening our capacity to cope with crises
- 17-20. Strengthening IMF surveillance
- 22.
- 23-27. Meeting our commitments notably on banks, OTC derivatives, compensation practices and credit rating agencies, and ...
- 28-29. Addressing the too big to fail issue
- 30-34. Filling in the gaps in the regulation and supervision of the financial sector
- 35-36. Tackling tax havens and non-cooperative jurisdictions
- 37-39. Strengthening the FSB capacity resources and governance
- 40-51. Addressing Food Price Volatility and Increasing Agriculture Production and Productivity
- 52-57. Improving the functioning of Energy Markets
- 58. Protecting Marine Environment
- 59-60. Fostering Clean energy, Green Growth and Sustainable Development
- 61-64. Pursuing the Fight against Climate Change
- 65-68. Avoiding protectionism and reinforcing the Multilateral Trading System
- 69-71. Development: Investing for Global Growth
- 72. -- Food Security
- 73-76. -- Infrastructure and its Financing
- 77. -- Social protection floors in developing countries
- 78. -- Global Partnership for Financial Inclusion
- 79-84. -- Financing, Tax Administrations, Revenue Systems, Transparency, ODA
- 85-89. Intensifying our Fight against Corruption
- 90-95. Governance
69. As part of our overall objective for growth and jobs, we commit to maximise growth potential and economic resilience in developing countries, in particular in Low-Income Countries (LICs). Development is a key element of our agenda for global recovery and investment for future growth. It is also critical to creating the jobs needed to improve people’s living standards worldwide. Recognizing that development is a concern and duty to all G20 countries, our Ministers met for the first time on Development in Washington on September 23, 2011.
70. We support the report of the Development Working Group, annexed to this Declaration, implementing the G20’s Seoul Development Consensus for Shared Growth, and call for prompt implementation of our Multi-Year Action Plan.
71. We take actions to overcome the most critical bottlenecks and constraints hampering growth in developing countries. In this regard, we decided to focus on two priorities, food security and infrastructure, and to address the issue of financing for development.
