A group of 50 Young Global Leaders (YGLs) are about to launch the Paris Initiative for the G20 at an international roundtable under the High Patronage of the French President, which will take place in Paris on 29 and 30 June.

The objective is to set up a brainstorming by civil society actors to formulate recommendations for the forthcoming French presidency of the G20 in 2011. This group of young leaders – composed of several ministers and former ministers, NGO founders, corporate executives, university professors and journalists – along with Professor Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, will gather in Paris on 29 and 30 June.

They will launch the initiative during talks with Christine Lagarde, Minister of Economy, Industry and Employment of France and Member of the Foundation Board of the World Economic Forum; Jean-Francois Copé, Majority Leader in the French Parliament; Jean-David Levitte, Diplomatic Adviser and Sherpa to the French President, as well as several French CEOs including Maurice Levy, Chairman and Chief Executive Officer, Publicis Group; Lars Olafsson, Chief Executive Officer, Carrefour; and Henri de Castres, Chief Executive Officer, Axa. Download the full list of participants.

Young Global Leaders, renowned economists and all those who wish to contribute, will brainstorm from now until the beginning of the French Presidency of the G20 on five themes: financial regulation, consistency of economic and monetary policies, international governance, global risks and development. This process, under the leadership of YGLs, is open to anyone via the website http://www.theparisinitiative.com. The final objective is to make public, concrete and realistic recommendations that could be endorsed by the French Presidency and supported by other heads of state of the G20.