Saturday, June 14, 2008

World Bank chief says CIF a concrete step forward in tackling climate change

Xinhua: The Climate Investment Funds (CIF) are "a concrete step" towards meeting the challenge of global climate change, said the World Bank chief Friday. The Climate Investment Funds, being established through an inclusive and consultative process in support of the Bali Action Plan, offer an opportunity to take action on climate change now in both climate adaptation and mitigation, said Robert Zoellick, president of World Bank Group, at a news conference on the sidelines of G8 financial ministers meeting.

The first priority is to help vulnerable countries learn how to integrate climate change considerations into their development strategies, said Zoellick, adding that several countries, including Brazil and China, are already taking climate actions through their own sustainable development strategies….

Robert Zoellick, in a picture taken in 2004, Wikimedia Commons

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