AmP quote of the day

Financial Times:

“This is an emergency,” Mr Gore told the opening session of the Clinton Global Initiative. “I think that the key to fighting global poverty is to have the wealthy nations and the developing nations join together to reduce global warming … I think what we need is a global Marshall plan to make the creation of jobs around the reduction of carbon the central principle for how we develop this.”

Some other quotations from the article:

Robert Zoellick, the head of the World Bank, sounded a sceptical note on the developing world’s ability and desire to reduce carbon emissions, however. Poorer countries are worried aid is going to be “hijacked” by the climate change agenda, Mr Zoellick said.

... “There is some sensitivity in the developing world that resources that can be channelled to climate change will come at the expense of other development needs,” Mr Zoellick said. “It needn’t be that way, it shouldn’t be that way… but it is the responsibility of the developed world to reassure the developing world that it doesn’t come at their expense and instead can come in support of their aims of overcoming poverty.”

"Every place I went, people are very worried that developed countries are going to hijack spending,” he added. “We have to explain how it fits their energy and growth needs.”

... The World Bank estimates that 1.6bn people around the world do not have access to electricity. The developing world currently has a funding gap of around half of the $160bn investment needed annually to fulfil growing demand for electricity, the bank says.