Copenhagen must consider emerging economies: World Bank
Developed nations must consider emerging economies at the United Nations Climate Change Conference in Copenhagen this week, World Bank President Robert Zoellick has urged.
“My primary message is that one will not be able to address the problem of climate change unless the solution draws on the capabilities and needs of both developed and developing countries,” he said. “To bring developing countries into the process, one has to be sensitive… to their development needs.”
A number of developing countries have argued that cuts to their carbon emissions would slow economic growth. With the rise in living standards, emissions have risen, and many nations require financial help to acquire energy efficient technology to maintain low emission levels.
Zoellick said developed countries should consider this in making decisions: “In much of the developing world there are still huge gains to be had, win-win gains by using energy more efficiently.”