Local view for "http://purl.org/linkedpolitics/eu/plenary/2003-02-10-Speech-1-065"

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"en.20030210.7.1-065"2
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"Mr President, Commissioner, where is the truth to be found? Not in Davos, which uncritically embraces globalization, which focuses only on economic growth, which concentrates its attention on the creation of wealth, which supports US foreign policy and which acts as spokesman for corporations and for States. Nor however, was the truth to be found at Porto Alegre, which demonises globalisation, which is only interested in improving social and environmental policies, which focuses on wealth redistribution models, which openly declares itself to be anti-American and which acts as spokesman for NGOs and the unions. Davos without Porto Alegre makes no sense and the same applies to Porto Alegre without Davos. The two complement one another and need to work on reconciling their approaches. This reconciliation is now to be found in Rio de Janeiro, in Johannesburg, in Lisbon and in Gothenburg. In the face of globalisation, which has brought undeniable economic and technological advantages but which has also heightened the visible imbalance in the world, it makes little sense to proclaim its end, mainly because it is unstoppable. The challenge is to regulate globalisation, taking sustainable development as the model to pursue. I therefore think it is important, first of all, to have international sustainable development policies that assess social, environmental and economic performance, as we will be doing at the forthcoming Spring Summit. Secondly, we must embark on ‘greening’ the world economy. Today, producing ‘green’ is not sufficiently competitive and consuming ‘green’ is still a luxury. We must take action on prices by adding on the environmental costs of all products. This involves eliminating environmentally unsustainable policies, it involves eliminating trade barriers, it involves analysing products throughout their life cycle, and it involves changing consumer and production standards to ensure that we break the link between economic growth and the degradation of resources. Thirdly, international governance must be given a boost by reforming institutions such as the World Trade Organisation, the World Bank and the Bretton Woods rules and by creating new institutions such as a World Environment Organisation. A new institutional blueprint is crucial if we are to be able to put the tools provided by globalisation at the service of sustainable development"@en1

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