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Remarks by World Bank Group President Jim Yong Kim on Climate Change

World Bank Group President Jim Yong Kim

IMF-World Bank Spring Meetings 2014

Washington, DC, United States

April 11, 2014

Transcript

DR. KIM:  We are here altogether because we know that the world needs to fight climate change with much, much greater seriousness; so 40 ministers will be here today to discuss the issue of climate change.  Taking action now will not only solve the problem of protecting the planet, but it will be a tremendous boost for economies.

We know that climate change will strengthen economic growth, especially in the poorest countries, but everywhere as well.  We are tackling some of the most difficult issues. Despite the fact that it's controversial we've got to tackle the issue of carbon pricing.  Some countries are already working very hard on this. Others know that it's a direction that we have to go. 

Its 165 days before the climate summit that the Secretary General has called.  We have to get serious about bringing real commitments to the table for that summit in September.  That will set us up for COP20 in Lima, Peru, and then we hope that it will lead to a very different outcome in Paris in 2015, where we'll come with some very serious agreements that we can all take to protecting the planet and battling climate change.  Thank you.