Carbonfund.org Blog

Climate change threatens all countries, with developing countries the most vulnerable. The World Bank estimates that they would bear some 75 to 80 percent of the costs of damages caused by the changing climate.  An equitable global climate deal is needed – one that  recognizes the varying needs of developing countries and supports them with the finance and technology to meet the challenges to development.

According to the World Bank’s World Development Report 2010, a “climate-smart” world is within our reach if we act now, act together, and act differently than we have in the past.

Navigating the flood waters

• Acting now prevents low-carbon options from disappearing and prevents high-cost pathways and largely irreversible warming trajectories.

• Acting together is essential to ensure low costs and effectively tackling both adaptation and mitigation.

• Acting differently is required to ensure a sustainable future. In the next few decades, world energy use must be transformed so that global emissions drop 50 to 80 percent.

Developing countries will need assistance in adapting to climate change.  Among other solutions, the World Bank recommends that carbon finance must be expanded. Live Climate, a programmatic offering of Carbonfund.org, strives to provide funding for projects in developing countries that fight climate change while reducing poverty and empowering communities. So Act Together with us and show your support for one of Live Climate’s projects.

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