A Public Lecture by James Leapes, Director General, WWF International. James Leape is in Singapore as a Distinguished Visitor of the Singapore International Foundation.
The financial case for a good Copenhagen deal is compelling. Economic and finance officials need to prepare for and engage in the climate debate in order to take full advantage of the benefits associated with a good deal and avoid the significant costs that stem from a failed deal.
Climate change will have profound economic and social effects, with increases in the costs of basic economic inputs particularly water, agricultural produce and insurance (from the increased incidence and severity of extreme weather events). Poverty will in turn be exacerbated in many developing countries. Beyond the significant human tragedy, these events will also significantly affect development, profitability, government costs, revenue streams and investment flows. Other economic impacts will relate to the partial or greater collapse of ecosystems, the loss of biodiversity, growing water and food shortages and increased healthcare costs.
A bad deal emerging from the crucial UN Climate Conference in Copenhagen in December 2009 will do nothing to hold back these impacts on the economy.
A good deal in Copenhagen on the other hand presents the world with an opportunity keep economic growth and development while cutting GHG emissions, encourage efficiency and promote renewable energy. Producing more with less represents significant potential savings for business and governments and provides a unique opportunity for profitable investment, unleashing global low-carbon markets and creating millions of green jobs.
The financial case for a good Copenhagen deal is compelling. Economic and finance officials need to prepare for and engage in the climate debate in order to take full advantage of the benefits associated with a good deal and avoid the significant costs that stem from a failed deal.
WWF’s experience in over 100 countries convinces them that immediate and strong action to reduce global emissions on a trajectory which keeps the world well under 2°C must be reflected in a global treaty by the 2009 UNFCCC negotiations in Copenhagen. A +2°C world is one in which there is more human misery, rapidly increased species loss and foregone opportunities to develop in a sustainable way. WWF is working with governments, businesses, civil society and other NGOs as partners to ensure a good deal.
To register, email info@wwf.sg or call Christine 63230100 by 9 October 2009
Time: 2.30-4pm
Venue: Ballroom 2, Level 2, Grand Park City Hall, Singapore
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