...the world needs to face up to the challenge of climate change, and to do so now. It is clear that climate change poses an urgent challenge, not only a challenge that threatens the environment but also international peace and security, prosperity and development. And as the Stern report showed, the economic effects of climate change on this scale cannot be ignored, but the costs can be limited if we act early
Our mission is, in truth, historic and world changing - to build, over the next fifty years and beyond, a global low carbon economy. And it is not overdramatic to say that the character and course of the coming century will be set by how we measure up to this challenge
So another challenge for our generation is to create global institutions that reflect our ideas of fairness and responsibility, not the ideas that were the basis of the last stage of financial development over these recent years.
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