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December 06, 2010
Low-Carbon Investment Not Enough to Mitigate Climate Change
A report by the World Business Council for Sustainable Development argues for clear policy signals from governments to encourage private investment in low-carbon technologies.
At the 16th Conference of the Parties on Climate
Change (COP16) currently underway in Cancun, Mexico, Nobuo Tanaka, Executive Director of the International Energy Agency (IEA), told the private
sector, "Don't wait for the climate change deal, because it will take time. The cost of returning
to a trajectory is getting higher and higher."
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