“At a time when this crisis poses major new challenges to policymakers, I believe that bringing together such a rich panel in terms of diversity and experience will allow us to identify a set of pragmatic, actionable steps on major issues such as financial regulation, global governance, monetary imbalances, development and environment. One lesson to learn from the crisis is that old recipes are not necessarily the most appropriate ones to solve new problems arising from globalization and increasing interdependence among regions. New solutions must emerge and be driven by new leaders who have demonstrated high potential in their area. I am very pleased to lead this initiative and look forward to the many discussions we will have on this occasion.”
– Fabrice Seiman, Co-President, Lutetia Capital, France.
FINDING
Finding: The Paris Initiative for the G20, under the High Patronage of French President Nicolas Sarkozy, is a structured brainstorming among Young Global Leaders to formulate concrete and realistic recommendations to the G20 agenda during France’s presidency in 2011.
YGL RESPONSE
The initiative will focus its discussions and recommendations in six policy areas: 1. Financial Regulation; 2. Global Risks; 3. Economic and Monetary Policies; 4. International Governance; 5. Development; 6. Climate Change
KEY 2010 ACCOMPLISHMENTS
Successful meeting & launch in Paris (June 2010). Meeting with Korean PM & Advisors (December 2010). Insight and feedback included into working group proposals.
NEXT MILESTONES
Proposals to be handed in 15 December. Final consolidated paper to be completed by 22 December
LEADERSHIP
Working Group leaders: Liz Lloyd, Pierre Gentin, Jill Janaina Otto, Erwann-Michel Kerjan, Christopher Jahns, Francois-Xavier de Mallmann, Silvana Koch-Mehrin (2005), Governor Enrique Peña Nieto, Mark Leonard; Parag Khanna, Boris Nikolic, Kate Roberts, Reuben Abraham, David Jones. Additional YGLs involved: 80+
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