Funds plentiful, but will is weak to fuel low-carbon economy: experts

Landscape of the countryside in East Kalimantan, Indonesia. Photo by Moses Ceaser Photo by Moses Ceaser for Center for International Forestry Research (CIFOR).

Landscape of the countryside in East Kalimantan, Indonesia. Photo by Moses Ceaser Photo by Moses Ceaser for Center for International Forestry Research (CIFOR).

JAKARTA, Indonesia — The world’s top climate scientist told an international conference today that tackling climate change is an opportunity, not a burden, and a leading financier said there is plenty of money to fund sustainable development.

“The path we need to follow is very clear if the world wants to limit the temperature increase to 2 degrees Celsius,” Dr. Rajendra Pachauri, chair of the Intergovernmental Panel on Climate Change (IPCC) told delegates on the final day of the Forests Asia Summit in Jakarta. “And that … should be seen as an opportunity, rather than something that will add a burden to different societies across the globe.”

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Editor’s Note: Check in at forestsasia.org to see news updates from the Forests Asia Summit. Videos of all presentations and speeches at the Summit will be posted here.

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