UN Secretary-General: Fight Against Climate Change Part of the Solution to the Financial Crisis

Secretary-General Ban Ki-moon at development financing conference in Doha 29 November 2008: At the opening of the International Conference on Financing for Development to Review Implementation of the Monterrey Consensus, taking place in Doha, Qatar, from 29 November-2 December 2008, UN Secretary-General Ban Ki-moon called for “bold and effective efforts” to ensure that “today's emergency does not become tomorrow's human crisis.”

Ban noted that the financial crisis compounds other major threats such

as climate change, food insecurity and extreme poverty, and stressed

the particular vulnerability of the poorest countries. He highlighted

the need to continue fighting climate change as part of the solution to

the current economic downturn, explaining that investing in green

technologies will produce long term results, with a safer environment

and more sustainable growth. He pointed that “the record shows that

green investment can produce jobs and spur growth.”

On the eve of the

Conference, Secretary-General Ban hosted an informal high-level

retreat, which sought to propose concrete actions that: limit the

impact of the financial crisis on developing countries; maximize the

potential for responses to the crisis that also address climate change;

and allow for a strengthened and more inclusive multilateralism to

develop that will allow faster and more coordinated actions to tackle

common challenges. [Informal High-Level Event] [Financing for Development Review Conference] [UN Press Release]