Rich and poor countries have to give ground to get a deal in Copenhagen; then they must focus on setting a carbon price AT A time when they are not short of pressing problems to deal with, the presence of 100-odd world leaders at the two-week meeting that starts in Copenhagen on December 7th to renew the Kyoto protocol on climate change might seem a little self-indulgent. There will be oceans...
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World Bank loans India $1bn for Ganges river clean up
The World Bank has agreed to loan India $1bn (£600m) over the next five years to clean up the Ganges, one of the most polluted rivers in the world. The 2,500km (1,500 mile) river has been badly polluted by industrial chemicals, farm pesticides and other sewage. Speaking in Delhi, World Bank chief Robert Zoellick said the clean up would target the entire river network. Plans involve building sewage treatment plants, revamping...
More »India Could be a New Pole of Global Growth by Robert B Zoellick
Change is the great constant of the world economy. India was still a colony when the allied powers shaped the international architecture at the end of World War Two. Today, India is a rising economic power that is contributing to world growth in new and powerful ways. Economic reforms in India and China, and the export-driven growth strategies of East Asia all contributed in the last 20 years to a world...
More »Lola Nayar Interviews Kanayo Nwanze
The President of International Fund for Agricultural Development stresses that access to funds for developing countries will help them make ethical decisions in the quest for food security. Just days before the UN Climate Change summit at Copenhagen, Kanayo Nwanze, President of IFAD (International Fund for Agricultural Development), stresses that access to funds for developing countries will help them make ethical decisions in the quest for food security. Nwanze was...
More »Bye-bye Dubai? by Jayati Ghosh
There is much about Dubai that is artificial and based on illusion: the man-made islands designed to represent a map of the globe; the indoor ski slope in the midst of desert; the incredible hotel with glass walls looking onto a sea aquarium mimicking the surrounding ocean. Dubai had also become synonymous with excess: building the tallest tower in the world and the biggest and most expensive luxury hotels, residences,...
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