The G20 forum is the avenue for the G20 economies to discuss, plan and monitor international economiccooperation.[2] While the summit achieved little progress on resolving theEurozone crisis and providing concrete measures to addressing global financial imbalances,[3][4] it did produce some tangible results, including the adoption of the Cannes Action Plan for Growth and Jobs, the launch of theAgricultural Market Information System (AMIS) and the endorsement of an Action Plan on Food PriceVolatility and Agriculture.
France put agriculture and food security at the heart of the G20 priorities.[5] Around this broad theme, it divided the priorities of the Summit into six areas:
Reduce excessive commodity price volatility and enhancefood security.
Support employment and strengthen the social dimension ofglobalization.
Fight corruption, for example by ensuring that the Anti-Corruption Action Plan adopted in the2010 G20 Seoul summit will produce concrete results and real progress starting in 2011.
Support infrastructure development and enhance food security in the most vulnerable countries.
The Summit took place in the aftermath of the2008 financial crisis and in the midst of the evolvingEuro area crisis. Against this background, the outcomes of the Summit can be considered as insufficient in providing clear solutions for restoring and strengthening the global economy.
However, the Summit did result in a number of initiatives, most notably in the area of agriculture and food security. Especially the launch of theAgricultural Market Information System (AMIS) and the endorsement of an Action Plan on Food Price Volatility and Agriculture are tangible steps to addressing the world agriculture and food challenge. The G20 Summit also tasked the GEO Global Agricultural Monitoring (GEOGLAM) initiative to produce and disseminate improved forecasts of agricultural production through the use ofearth observations.
Leaders of the G20 countries present at the Cannes summit.Nicolas Sarkozy welcomesBarack Obama to the G20 meeting in Cannes, France, on 3 November.
Attendance at the Cannes summit included leaders and representatives of the core members of the G20,[6] which comprises 19 countries and theEuropean Union which is represented by its two governing bodies, theEuropean Council and theEuropean Commission.[7] Representatives of other nations and regional organizations were also invited to take part in the summit.[8].:
At the summit protesters donnedRobin Hood caps and demanded atax on international financial transactions in order to provide aid to poor countries instead of catering to banking and other financial institutions.[35] They also chanted slogans in opposition to "corporate greed" and supported a counter-G20 summit, "People First, Not Finance", organised bylabour unions and NGOs such asGreenpeace andOxfam. Though police reported 5,500 were part of the protests, the organisers estimated the number of protesters at 12,000. The riot police and helicopters limited the scope of the protests to a neighbourhood in the east of Nice, which was to host the alternative summit as well as the protests. Both Cannes and Nice also tightened security, with 12,000 police personnel being deployed.[36]
^Parliament (UK): Townsend, Ian."G20 & the November 2010 Seoul summit" (SN/EP/5028)Archived 2010-11-07 at theWayback Machine, 19 October 2010, retrieved 2011-04-07; excerpt, "Today, we designated the G-20 as the premier forum for our international economic cooperation" citing"Pittsburgh G20 Leaders’ summit communiqué," ¶50 September 29, 2009, retrieved 2011-04-07; excerpt, "Today, we designated the G-20 as the premier forum for our international economic cooperation. We have asked our representatives to report back at the next meeting with recommendations on how to maximize the effectiveness of our cooperation. Weagreed to have a G-20 Summit in Canada in June 2010, and in Korea in November 2010. We expect to meet annually thereafter, and will meet in France in 2011.
France.::.
Media related to2011 G-20 Cannes summit at Wikimedia Commons
