WB: ‘CLIMATE SMART’ WORLD IS WITHIN REACH

PanARMENIAN.Net
16.09.2009 20:58 GMT+04:00

/PanARMENIAN.Net/ Developing countries can shift to lower-carbon paths
while promoting development and reducing poverty, but this depends on
financial and technical assistance from high-income countries World
Bank says in a new report released today.

High-income countries also need to act quickly to reduce their carbon
footprints and boost development of alternative energy sources to
help tackle the problem of climate change, says the report.

World Development Report 2010: Development and Climate Change, released
in advance of the December meetings on climate change in Copenhagen,
says that advanced countries, which produced most of the greenhouse
gas emissions of the past, must act to shape our climate future. If
developed countries act now, a ‘climate-smart’ world is feasible, and
the costs for getting there will be high but still manageable. A key
way to do this is by ramping up funding for mitigation in developing
countries, where most future growth in emissions will occur.

"The countries of the world must act now, act together and act
differently on climate change," said World Bank President Robert
B. Zoellick.