The G-20 summit in France this week should focus on identifying measures to make the world safer for people and not just financial systems, said World Bank President Robert Zoellick, who is expected to attend the Nov. 3 and 4 meeting of officials from the world’s top 20 economies and representatives from leading international organizations.
“They need to recognize that developing countries are now a key source of solutions to the world and then opportunity with the right investments and policies,” Zoellick said at a Nov. 1 teleconference with reporters.
This is one of three calls to actions Zoellick made during the teleconference. He also urged G-20 countries to follow through on the latest European plan to solve the debt crisis in the region and to channel more into job and growth strategies.
On protecting the most vulnerable people in developing countries while maximizing these economies’ potential to lift the global economy, Zoellick identified three areas the G-20 can focus their support on: food security, infrastructure development and policy reform.
“These are not peripheral issues and especially in a fragile and crisis-prone world where–needs of human safety nets as well as financial safety nets,” Zoellick stressed.
Read more development aid news online, and subscribe to The Development Newswire to receive top international development headlines from the world’s leading donors, news sources and opinion leaders — emailed to you FREE every business day.