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This roundtable was co-chaired by Minister Thompson (Barbados), Dr. Corrado-Clini (Italy). Steen Jorgenson (World Bank) presented a summary of recent work being prepared by the World Bank and the other IFIs on the clean energy investment framework. Mr. Albert Binger (University of the West Indies) presented perspectives on climate change mitigation and adaptation from the perspective of the SIDS.
Nonetheless, all speakers supported the idea that responding to climate change must include both mitigating GHG emissions and adapting to the adverse impacts of the climate change that already exist.
Several key themes recurred throughout the discussion, including: the need for all countries to begin to fund adaptation even if the nature of the precise adaptation varies; the role of knowledge, capacity, policies and money in transforming markets for Renewable Energy and Energy Efficiency and spreading adaptation technologies; more efficient and effective use of GEF resources; developing and releasing capacity; and Mainstreaming Climate Change into all sectors.
Climate Change is not just an environment issue, it is cross cutting, and ministries of finance and environment need to be on the same page about mitigation and adaptation to climate change.
Photos of this roundtable are available at: http://www.iisd.ca/ymb/gefassembly3/
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