Monday, January 26, 2015

A Troubling Disconnect

UN Secretary-General Ban Ki-moon has criticized the bigwigs attending the World Economic Forum meeting in Davos for a lack of focus on green infrastructure investment.

“We see this at the G20 and even here – we need to address this troubling disconnect,” he told a panel which included IMF chief Christine Lagarde and Rwanda president Paul Kagame.

“If we do not we will lock ourselves to bad long term investments which will make it impossible to hit the sustainable development goals and put ourselves at risk of costly climate change.”

Speaking at the same event, the chief executive of consumer goods multinational Unilever Paul Polman said economic growth was already being stifled because of climate change.

Polman – whose business reported a 2.7% downturn in sales for 2014 – said business leaders had a responsibility to declare their commitment to low carbon growth.

“We’ve been too long the silent majority – we have given the voice to the vocal minority,” he said.

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