Federal Chancellor of Germany, Angela Merkel, and the Heads of five international agencies (OECD, WTO, ILO, IMF, and the World Bank) met in Berlin (Germany) on 6 October to call for coordinated policy action to restore confidence and improve sustainable and balanced growth and employment prospects ahead of the G20 Summit to be held in Cannes (France) on 3-4 November. According to a statement, "climate change and the protection of natural resources remain major challenges that could also become an opportunity for growth. Leaders stressed the need to: realize the potential for low-carbon development and green growth by targeted action in developed and developing countries; continue with the commitment of all international organizations to promote and work together on green growth; and ensure a successful Durban Climate Change Conference in late 2011 with a view to further promoting low-carbon development strategies."
Press Release with Joint Communique
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