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World leaders need to make it clear that they choose an inclusive and sustainable economy over the ageing, carbon-intensive dirty economic model based on burning fossil fuels, writes Paul Polman in The Guardian.
India has an opportunity to improve the quality and quantity of economic growth, according the Global Commission on the Economy and Climate. Research conducted for the Commission, led by former President of Mexico Felipe Calderón, highlights the enormous opportunities for India in developing renewable energy and improving urban development. However future growth, in both Indian cities, but also the agricultural sector, is at risk from climate change.
In a statement from COP20, Lord Nicholas Stern welcomed the Lima climate change agreement. But he cautioned that the current scale of action to control and reduce greenhouse gas emission will not avoid the most global warming, and encouraged countries to continue to explore opportunities to increase emissions cuts.
In a statement discussing the progress made at COP20 in Lima, Felipe Calderon expressed his belief that progress had been made toward an international agreement that will send a clear signal to businesses and investors. According to Calderon, "Countries all around the world are beginning to see that it is in their economic interest to take action now."
Nicholas Stern welcomed the Lima climate change agreement as an important step on the path to Paris, but urged even more robust action. He encouraged new investments in clean development, which "hold the key to both managing the risks of climate change and overcoming poverty.”
In a speech at the 2014 UN Climate Change Conference in Lima, Peru, Felipe Calderon explained the main findings of the Global Commission on the Economy and Climate. The report's practical recommendations will boost growth, generate savings and reduce climate risk.