Tuesday, August 18, 2009

Low-carbon growth: the only sustainable way to overcome world poverty


The two great challenges of the 21st century are the battle against poverty and the management of climate change. On both we must act strongly now and expect to continue that action over the coming decades. Our response to climate change and poverty reduction will define our generation. If we fail on either one of them, we will fail on the other. The current crisis in the financial markets and the economic downturn is new and immediate, although some years in the making. All three challenges require urgent and decisive action, and all three can be overcome together through determined and concerted efforts across the world. But whilst recognising that we must respond, and respond strongly, to all three challenges, we should also recognise the opportunities: a well-constructed response to one can provide great direct advantages and opportunities for the other.

Some may argue that the global financial crisis and economic downturn means that we should delay our efforts to tackle poverty and climate change. But delaying on poverty would condemn millions of people to many more years of hardship. And delaying on climate change would mean the stock of GHGs in the atmosphere grows, making the task of dealing with the problem more costly and difficult in the future. We cannot afford to delay. We can and must face up to all three challenges together.

So what do we need to do to combat the threat of climate change whilst boosting efforts to reduce poverty and tackling the global economic downturn?

See full Article.