Transforming the Economy to Achieve Zero Net Emissions

Article published by the World Bank the 8th of December highlights the need to lower emissions and build resilience to climate change. Creating “Smart cities” will play an important role.

The World Bank group contributes in these efforts not only by utilizing the Green Climate Fund but ” it will require continued support for clean transportation and building low-carbon, livable cities, particularly in the fast-growing cities of the developing world where development today will lock in growth patterns for decades to come, Kim said. It will also require shifting toward climate-smart agriculture and increasing the World Bank Group’s financial innovation.”

“I will drive our institution and all its capabilities – financial, technical and human – to support this development transition that we must support together, toward the goal of preserving our planet for all future generations,” Kim said.

Read more here

Source: http://www.worldbank.org/en/news/feature/2014/12/08/transforming-economy-achieve-zero-net-emissions?cid=ISG_E_WBWeeklyUpdate_NL

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