WASHINGTON, December 12, 2015—The World Bank Group issued the following statement from World Bank Group President Jim Yong Kim on the Global Climate Change Agreement at COP21:
“We welcome the historic agreement that has just been reached in Paris. The world has come together to forge a deal that finally reflects the aspiration, and the seriousness, to preserve our planet for future generations.
First, it leaves no one behind – protecting the poorest people and the most vulnerable countries by calling on all of us to hold the increase in temperatures to well below 2 degrees C and to pursue efforts to limit the temperature increase to 1.5 degrees Celsius.
Second, it sends the much needed signal to trigger the massive sums of public and private sector investments needed to drive economies toward a carbon neutral world as advised by science. While doing this, we will strive to ensure that there is the necessary finance to provide resilience for developing countries.
Third, it changes development. We agree there is no development without tackling climate change. We cannot poison the planet and thrive.
We called for strong ambition, for remarkable partnerships, for mobilization of finance, and for implementation of national climate plans. Paris delivered. Now the job becomes our shared responsibility. The World Bank Group is ready to help immediately and will do its utmost to realize this vision of prosperity.
We are grateful to the heads of state and governments for their leadership, to the government of France and the United Nations Secretary-General Ban Ki-moon for their unwavering and inspiring commitment, and for the tireless efforts of the negotiators, businesses, and civil society worldwide that have made this agreement possible.”
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