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G8 Summit 2007 5 G8 Summit 2007 Contents G8 Managing globalisation 28 Shaping a new global economic order Paola Subacchi, Summit Head of the International Economics Programme, Chatham House 2007 34 Promoting innovation, protecting intellectual property: towards evidence-based policy James Boyle, Growth and William Neal Reynolds Professor of Law at Duke Responsibility Law School and founder of the Center for the Study of the Public Domain Heiligendamm, 6-8 June 2007 40 Europe and Japan: an agenda for structural reform Jean-Philippe Cotis, Summit themes Chief Economist, OECD 13 Angela Merkel: 46 Protectionism’s false promise Shaping the agenda for Heiligendamm Angel Gurría, January – June 2007 Secretary-General, OECD Introduction 54 Our capacity to aspire: the key to building national wealth 18 Prospects for the 2007 G8 Summit Frannie A. Léautier, Professor John Kirton, Vice President, World Bank Institute Director, G8 Research Group 63 World financial markets in an era of globalisation Guest feature Sebastian Mallaby, Director, the Center for Geoeconomic Studies at 24 The G8: responding to the Council on Foreign Relations, Washington the shifting power equation Professor Klaus Schwab, Founder and Executive Chairman, the World Economic Forum G8 Summit 2007 6 G8 Summit 2007 Contents Climate, environment and energy 120 What role for nuclear energy? Luis E. Echávarri, 71 Climate change: what the science is telling us Director-General, OECD Nuclear Energy Agency R. K. Pachauri, Chairman, Intergovernmental Panel on Climate 127 An energy policy for Europe Change and Director General, José Manuel Barroso, The Energy and Resources Institute President of the European Commission 80 Towards a low-carbon economy Africa Sir Nicholas Stern, IG Patel Professor of Economics, London School of 137 Africa since Gleneagles Economics and Political Science David White, Former Africa Editor, Financial Times 88 Global challenges to energy supply and security Enno Harks, 145 Africa in Heiligendamm Senior Expert Energy & Resources, SWP Stefan Mair, (German Institute for International Director of Studies, SWP (German Institute for and Security Affairs) International and Security Affairs) 97 Beyond Kyoto 154 The Millennium Development Goals: Achim Steiner, where Africa stands UN Under-Secretary General and Executive Kemal Dervis, Director of the United Nations Administrator of the United Nations Environment Programme Development Programme and Chair of the UN Development Group 104 Making the difference: energy efficiency Claude Mandil, 162 Demanding good governance in Africa Executive Director, International Energy Agency Ritva Reinikka, World Bank Country Director for Lesotho, 113 Scaling up renewable energy Botswana, Madagascar, Mauritius, Namibia, South Richard G. Tarasofsky, Africa, and Swaziland; Head of the Energy, Environment and and Mary McNeil, Development Programme, Chatham House Senior Operations Officer, World Bank Institute G8 Summit 2007 7 G8 Summit 2007 Contents 166 Health in Africa: how partnerships can make the difference Amir Dossal, Executive Director, United Nations Fund for International Partnerships 174 Strengthening peace and security in Africa Gareth Evans, President, International Crisis Group Development Appendix 180 How Heiligendamm can deliver Jeffrey D. Sachs, 215 G8 compliance report Director, Earth Institute, Columbia University 218 Index of advertisers 185 The global fight against AIDS, TB and malaria Dr Michel Kazatchkine, Executive Director of the Global Fund to Fight AIDS, TB and Malaria G8 Arena The G8 Arena of G8 Summit 2007: Growth and Responsibility Special feature welcomes the participation of: 190 Searching questions for the G8 Summit 151 Alrosa Robin Oakley, 176 AMREF European Political Editor, CNN 176 Bank of Ghana 32 Central Bank Of Barbados Actors and stakeholders 189 Coca-Cola Africa Foundation 143 Diamond Bank 194 G8 country profiles 102 Duke Energy 14 DZ Bank 200 G8 outreach country profiles 38 Environmental Agency – Abu Dhabi (EAD) 133 Eskom 203 China and India: the new global players 109 European Space Agency (ESA) Robyn Meredith, 138 Fincorp Senior Editor Asia, Forbes Magazine and author of 124 GE “The Elephant and the Dragon: the rise of India and 116 IBC Solar China, and what it means for all of us” 60 IFAW 50 Kuwait Fund for Arab Economic Development 208 Civil society’s long road to Heiligendamm 152 Ministry of Solid Minerals Development (MSMD) Professor Peter I. Hajnal, 197 Motorola University of Toronto 70 Neste Oil 112 Nigerian National Petroleum Corporation (NNPC) Signposts 130 Nord Stream 106 Pirelli Ambiente 212 Useful websites 22 PricewaterhouseCoopers 159 Sasol Chevron UK 214 Forward calendar 128 Saudi Aramco 156 Standard & Poor’s 136 Union Bank of Nigeria G8 Summit 2007 9 Angela Merkel Summit themes Shaping the agenda for Heiligendamm January – June 2007 Angela Merkel, Chancellor of the Federal Republic of Germany and Chair of the 2007 G8 Summit e are all facing the same “We want to continue the G8’s Globalisation great challenges to a joint efforts to reduce the strong “I am firmly convinced that the “W much clearer extent global imbalances, for example in process of globalisation is one of then we previously thought: exchange rates or oil supplies.” liberalisation because, as Benjamin safeguarding free and fair world Franklin, one of America’s Founding trade, stabilising financial markets “We want to support innovation as Fathers, once said: ‘Those who which are increasingly integrating, the key to growth and prosperity, would give up essential Liberty, to protecting against international and advance the effective worldwide purchase a little temporary Safety, terrorism, securing energy supplies, protection of intellectual property.” deserve neither Liberty nor Safety.’” combating climate change and dealing with migration due to “We want to inject momentum “Hope for one side means worry poverty…It is in our fundamental into climate protection, greater and fear for the others. We interests to tackle together these energy efficiency and increased politicians know these concerns only challenges facing the world.” security of supply.” too well and we must therefore do all we can to shape globalisation in The global economy “A completely new global balance political terms. We must not neglect “We deliberately gave our G8 of power is being created. Today the this aspect because people look to us Presidency the motto of ‘Growth and world’s economic potential rests on and ask what we are doing to give Responsibility’. Growth remains for many more shoulders than even ten globalisation a human face.” all countries the basic prerequisite for years ago, as can be seen from the achieving more employment, higher extraordinarily high and sustained World trade living standards and greater resource global economic growth rate. This “It is in everyone’s interest that the productivity. But growth is not an end benefits all of us – the industrial Doha Round succeeds…The positions in itself. It must be created equitably, countries, the emerging economies of Europe, the United States, not through unfair measures. Global and the developing world.” emerging economies and