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fewer natural resources and emits less CO2. Our new 2017-2021 roadmap was designed to launch the resource revolution by setting targets such as doubling volumes of recycled plastic, increasing production of renewable energy by more than 10% and boosting secondary raw material production by 20%. These targets are set to help our customers limit their CO2 emissions by more than 60 million tonnes by 2021. We are also committed to protecting water our rivers and our oceans - as it is undeniably the resource the worst hit by climate change. We must protect it from pollution, particularly from plastics. We must also safeguard drinking water supplies for this we have pledged to triple our supply of alternative water by 2030, using technologies such as desalination. In the Middle East and in island regions, we are combining desalination technology with solar energy to develop alternative water solutions.

I am convinced that to meet the urgency of accelerating climate change we must adopt a multi-player approach. Only by working with cities, manufacturers, sponsors and institutions can we rise to the challenge. It was with this in mind that we launched the Business Alliance for Water and Climate initiative with our partners the CDP, the WBCSD and the CEO Water Mandate. So far, 65 companies, with a total annual revenue of US$650 million, have joined the alliance and signed up to pledges to measure and reduce their water footprint. The alliance plays a representative role for companies at UN climate summits, both to promote climate change solutions and to ensure that water is considered a rare resource when determining climate policies. In the last two years, green finance has also made great strides. And there is a lot still to do for example, directing international investments towards solutions enabling the recovery of biomethane from

waste in emerging countries, which will be responsible for 8 to 10% of global emissions in 2025 if we do not take action. At a value of 15 euros per tonne of CO2 avoided, such solutions could help reverse the trend.

Finally, I believe it is vital that credit rating agencies pay more attention to climate issues and carbon emissions. The market needs the necessary signals in the short, medium and long term if we are to drive the low-carbon transition forward.

Jean-Louis Chaussade Chief Executive Officer of SUEZ

we have adopted a strict climate strategy that ensures our business activities are in line

with the 2C trajectory