Developing countries can shift to lower-carbon paths while promoting development and reducing poverty – if they receive financial and technical assistance from high-income countries. This is among the findings of the World Development Report (WDR) 2010, published by the World Bank. It is key, thus the report, that industrialised countries curb their carbon dioxide emissions and foster the development of alternative energy sources. ”If developed countries act now, a ‘climate-smart’ world is feasible, and the costs for getting there will be high but still manageable”, says the report, which was produced with an eye to the upcoming United Nations climate summit due mid-December in Copenhagen, Denmark.
Developing countries face 75–80 percent of the potential damage from climate change. They therefore urgently need help to prepare for the impacts – drought, fl oods and rising sea levels. They also need assistance to intensify agricultural production, combat malnutrition and disease, and build climate resilient infrastructure. The current financial crisis cannot be an excuse to put climate protection on the back burner, the report warns. Source: World Bank, http://www.worldbank.org/wdr2010