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Runaway climate change still 'a real possibility': UN Secretary-General
2018 Climate Economy Report - UN Chief António Guterres
Greater ambition, urgency and action are needed if we are to prevent ever greater climate-related crises, said UN Chief Antonió Guterres on Wednesday, at the launch of the 2018 New Climate Economy report, at UN Headquarters in New York.
The document, published by the Global Commission on the Economy and Climate – a project comprising several UN bodies, and other institutions – finds that the benefits of smarter and clearer growth are significantly under-estimated, and that bold climate action could deliver $26 trillion in economic benefits through to 2030.
Other benefits of switching to a clean economy include the creation of over 65 million new low-carbon jobs, and 700,000 fewer air pollution-related deaths.
Ngozi Okonjo-Iweala, former Finance Minister of Nigeria and Co-Chair of the Global Commission, said that “policy makers should take their feet off the brakes, send a clear signal that the new growth story is here and that it comes with exciting economic and market opportunities. $26 trillion and a more sustainable planet are on offer if we act decisively now.”
Monday, November 12, 2018
About GB-DRRRF The Global Bank Disaster Risk Reduction and Reconstruction Fund – An Umbrella Trust Fund (GB-DRRRF) (@GBDRRRF), established in 2017, is a multi-donor partnership and grant-making financing mechanism. Its purpose is mainstreaming climate change into development to help achieve the Sendai Framework targets by 2030 - a decade-long plan to help make the world safer from disasters caused by natural hazards — and to support the implementation of the Global Climate Agreement in Paris, and prevent disasters undermining progress on the Sustainable Development Goals. The rapid and flexible support offered by the Global Bank Disaster Risk Reduction and Reconstruction Fund makes it a central pillar of the Global Bank Group agencies’ humanitarian response architecture.
Global Bank is the Global Bank Group’s long-term sovereign lending institution. As a development bank with an agenda driven by G-7 and G-20 priorities, its leading priority is to promote global economic and social development.
Global Bank is one of five institutions that comprise the Global Bank Group. The Bank is the part of the Global Bank Group that works with developed and developing countries, particularly the least developed countries (LDCs), to promote sustainable, equitable and job-creating growth, reduce poverty and address regional and global importance issues.