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THE NEW ECONOMY009Association (ACEA) Chairman of the Board of Management, Daimler AG A NEW ERA OF "GREENER" MOBILITYAVIATION92 Giovanni BisignaniDirector General and CEO, The International AirTransport Association (IATA)AVIATION: ON COURSE FOR CARBON-NEUTRALGROWTH96 Brian HumphriesPresident and CEO, The European Business AviationAssociation (EBAA)FULLY COMMITED TO ENVIRONMENTALSTEWARDSHIPTOURISM100 Dr Taleb RifaiSecretary-General, The United Nations World TourismOrganisation (UNWTO)TOURISM: RESPONDING TO CLIMATE CHANGEHEALTH104 Dr Maria NeiraDirector, The Department of Public Health andEnvironment, The World Health Organisation (WHO)HEALTH BENEFITS OF TACKLING CLIMATECHANGESUSTAINABLE WATER106 Dr Ania GrobickiExecutive Secretary, The Global Water Partnership(GWP)WATER: THE DEVELOPMENT - ADAPTATIONNEXUSPRE- MEXICO REVIEW110 Dr Manmohan SinghPrime Minister of IndiaA CALL FOR A BALANCED AND EQUITABLEOUTCOME IN MEXICO114 Yvo de BoerExecutive Secretary, The United Nations FrameworkConvention on Climate Change (UNFCCC)THE EXPECTATIONS AND OBJECTIVES FORCANCUN116 Connie HedegaardEuropean Commissioner for Climate Action, TheEuropean Commission (EC)AFTER COPENHAGEN THE WORLD STILL NEEDS ACOMPREHENSIVE CLIMATE DEAL118 Angel GurriaSecretary-General, The Organisation for EconomicCo-Operation and Development (OECD)THE ROAD TO CANCUN: TOWARDS ASUCCESSFUL POST-2012 INTERNATIONALAGREEMENT54 Robert B. ZoellickPresident, The World Bank GroupA MOVE TOWARDS MULTIPLE POLES OF GROWTH56 Dominique Strauss-KahnManaging Director, The International Monetary FundSECURING LONG-TERM FINANCING FOR CLIMATECHANGE ADAPTATION AND MITIGATION 58 Tim FordChairman, eSolve Parnters LLPDavid BeerAssociate, eSolve Partners LLPADAPTING YOUR BUSINESS WILL NOT COST THEEARTHEMISSIONS TRADING62 Henry DerwentPresident and CEO, The International EmissionsTrading Association (IETA)CLIMATE CHANGE: THE G8, THE UNFCCC ANDTHE SUBSTANCE66 Maciej WisniewskiFounder and Chairman of the Board, The Consus GroupMANAGING EMISSIONS CAN BE EASYINNOVATION TECHNOLOGY68 HRH The Prince of WalesMAKING TECHNOLOGY WORK FOR"SUSTAINABILITY REVOLUTION"72 UN, Ban Ki-MoonSecretary General, The United Nations (UN)OUR FUTURE LIES IN GREEN TECHNOLOGIESRENEWABLE ENERGY74 Rt Hon Alex SalmondFirst Minister of Scotland GLOBAL RECESSION AND CLIMATE CRISIS - APERFECT STORM FOR RENEWABLESREVOLUTION78 Rob HastingsDirector of Marine Estates, Crown EstatesOFFSHORE WIND COULD BE KEY TO ENERGYSECURITY INFORMATION TECHNOLOGY82 Mark ThompsonManaging Director, COA SolutionsTHE SOFTWARE IMPLICATIONS OF THE CRCENERGY EFFICIENCY SCHEMEWORLD IN PERSPECTIVE86 Jose Manuel Durao BarrosoPresident of the European CommissionTHE EU AND CHINA ADDRESS COMMONCHALLENGESAUTOMOTIVE88 Dr Dieter ZetschePresident, The European Automobile Manufacturers'12In Association with

ddressing the challenge' was at the"heart of many climate debates beforeand during the UN Climate ChangeConference last December inCopenhagen. In the event, even if the conferenceaddressed a lot of the challenges, it met very few of them. The reasons were various: the intrinsic political,economic and legal difficulties in reaching a bindinginternational agreement to cope with climate change;the coincidence of a major economic and financialcrisis worldwide; the UN rules of procedure which gaveall 193 participating governments the right of veto;and the practical shortcomings of the wholenegotiating process as it emerged before and atCopenhagen.Yet the conference was not a disaster, more perhaps awarning of disasters to come if something could not beachieved soon. The final non-binding [Copenhagen]Accord laid out general principles for an eventualagreement, and specific targets for reducing globalcarbon emissions by 2020. By now over 110 countries and the European Union, producing more than 80 per cent of emissions, have responded to the UN ClimateSecretariat to state their targets. There was realprogress in coping with the related question ofdeforestation. Even if climate change sceptics, particularly in theUnited States, have continued their noisy campaigns,more governments, and behind them business andindustry, have shown awareness of the vulnerability oftheir countries to climate change, and the need torethink policies on energy, development, theenvironment (in particular biodiversity) and thewidening gap between rich and poor.HOW DO THE G8 COUNTRIES FIT INTOTHIS PICTURE? One of the most important lessons of Copenhagen wasthe need to go for pluralities of agreement, in otherwords, 'agreements', between groups of countrieswhich can agree on specific aims or measures betweenthemselves, and later try to fit them into a globalframework. Such has long been the tradition of the G8,and before that the G7. In the early days of the G7, I was a so-called sherpa forthe European Union, or one of those responsible forproducing a draft text for the participating countries todiscuss and agree on. I was therefore the witness of thesheer scope as well as the quality of the debates andactions to follow (I even produced a paper on climatechange for my sherpa colleagues on one occasion). Since then the G7 has become the G8, and then theG8 plus 5, and the influence this group has exercisedon many issues has been real and positive. It has madesuccessive commitments to reduce carbon emissionsand supported the launch of 20 large-scale carboncapture and sequestration demonstration projects. Nodoubt, climate change will be high on the agenda atHuntsville from 25 to 26 June too. The complexities remain as great as ever: how tomitigate the effects of climate change and even moreadapt to them; how to establish equitablearrangements between industrial and other countries;how to develop the right alternative technologies forenergy generation; and how to verify and police anyTop: Leadinginternationalenvironmentalist SirCrispin Tickell, hoping forprogress in CancunMain Picture: Protectingthe planet's futureremains paramount yetcountries still struggle tofind accordFOREWORDMORE GOVERNMENTS,AND BEHINDTHEM BUSINESSAND INDUSTRY,HAVE SHOWNAWARENESS OF THE VULNERABILITYOF THEIR COUNTRIES TOCLIMATE CHANGE"010THE NEW ECONOMY'ASIR CRISPIN TICKELL, DIRECTOR OF THE POLICY FORESIGHT PROGRAMME, THE JAMES MARTINSCHOOL FOR THE 21ST CENTURY, OXFORD UNIVERSITY