Speech from the French President for the opening of the Finance in Common Summit
Ladies and gentlemen,
I am very happy to take part today, even through videoconference, in the first-ever meeting organised to gather all the Public Development Banks from around the world as well as their partners.
This is a strong and useful initiative, because we have all understood we are in need of profound change and reconstruction. I would like to commend the organisers and all the partners of the Finance in Common Summit. And particularly the World Federation of Development Finance Institutions (WFDFI), the partner multilateral banks and the International Development Finance Club (IDFC), chaired by the Agence Française de Développement, which took the initiative to convene this Summit.
Together with several other heads of State, with the General Secretary of the United Nations, with the Managing Director of the International Monetary Fund, and with the President of the European Commission, we have just discussed and drawn up the principles of a renewed and reinforced international action to overcome this crisis, and to change what needs to be changed in our ways of producing, consuming and cooperating, so that the social ties and the environment can be preserved, protected and rebuilt.