Posted on: 04/12/2018
World government have been urged to adopt a more radical approach to drive low carbon investments to tackle climate change.
As the COP24 climate change conference began in Poland, the World Bank, OECD, and UN Environment joined forces to call for action amid a warning that the current generation is the last that can stop climate change.
Kristalina Georgieva, Chief Executive of the World Bank, said:“We are clearly the last generation that can change the course of climate change, but we are also the first generation with its consequences.”
Her comments came as the bank announced a record $100bn of climate funding from 2021-2025. The funding will be split equally between projects to cut emissions and those to protecting people from the impact of global warming.
Gabriela Ramos, OECD chief of staff, said:
"Investing in low-carbon, climate-resilient infrastructure is vital for the future of the planet, and it can also drive economic growth," she said. "The infrastructure challenge creates incentives for reforms that can deliver better performance on both counts. We are losing time though - if we want to deliver we need to move much faster and achieve a systemic shift of trillions of dollars in green investment."
‘Collapse of civilisations’
At a speech at the opening ceremony at the talks, broadcaster Sir David Attenborough said climate change is humanity's greatest threat in thousands of years.
Sir David said: "Right now, we are facing a man-made disaster of global scale. Our greatest threat in thousands of years. Climate change.
"If we don't take action, the collapse of our civilisations and the extinction of much of the natural world is on the horizon."
Meanwhile Members of Parliament feel they won’t be rewarded by the electorate or their peers if they speak out about climate change, according to a survey by the Green Alliance.
The poll also found that a “significant minority” choose not to talk about climate change because they fear it will limit their career progression, even though they support measures to tackle global warming.
Politicians’ fears come despite 63% of the public believing the UK should be a global leader in tackling climate change, the Green Alliance said.
The organisation is re-launching its Climate Leadership programme to educate elected members about the science, policy and politics of climate change.