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" "WE HAVE SEENRAGING FIRES INRUSSIA, EPICFLOODS IN PAKISTAN. WEMUST ALWAYS BE CAREFUL, HOWEVER, ABOUTLINKING SPECIFICWEATHER EVENTSTO CLIMATECHANGE. BUT NEITHER SHOULDWE AVERT OUREYES FROM WHATIS PLAIN TO SEE GLOBAL VOICES089issues still unresolved, Governments must agree onhow they will move forward to resolve them. I call on allparties to show flexibility, solidarity, and muster thecourage to compromise if needed. The health, securityand prosperity of millions of people depend on it.There is no time to waste.Most immediately, finance is crucial for building trustand spurring action. There is a wide gap of trustbetween the developing and developed world. Thequickest way to bridge this gap is through providingfinancial support to those who do not have anycapacities. I call upon all developed countries,including those represented in this Parliament, toprovide their fair share of the US$30 billion infast-track financing pledged at Copenhagenfor 2010-2012.Many view this as a litmus test ofindustrialised countries' commitmentto progress in the broader negotiations.We have to also generate US$100billion annually by 2020. This was apromise by the developed worldmade in Copenhagen. My High-LevelAdvisory Group on Climate ChangeFinancing has been working this yearand they will come out with severaloptions on how to generate US$100billion annually by 2020. Climate changeis a crucial part of the broader agendaon sustainable development. That is why I recentlyestablished a new High Level Panel on GlobalSustainability, co-chaired by President [Tarja] Halonenof Finland and President [Jacob] Zuma of South Africa.Their job will be to connect the many different dots which are interconnected to find the right paththrough the interlinked economic, social andenvironmental challenges of the coming decades. Inall this, Europe's leadership - your leadership - will be essential.Europe has been a historic engine of growth andchange. Now, when Governments are not moving whenthe train has hit the buffers in our talkson climate change or otherissues - Europe can be the locomotive, drivingit forward. You canpush, you can pull,you can get thetrain back ontrack. You cankeep us moving in the rightdirection. nThese remarks bythe UN Secretary-General Ban Ki-moon are excerptsfrom his address tothe European Parliamentin Strasbourg, France, on19 October 2010.

" "THE G20 SUMMIT TO BEHELD IN SEOUL INNOVEMBER WILLPROVIDE A FORUMFOR HEADS OFSTATE AND INTERNATIONALLEADERS TO DISCUSS HOW TOBUILD UPON PASTACHIEVEMENTSAND PONDER ANEW STRATEGYFOR COMMONPROSPERITYrom the melting glaciers in the Arcticto the unprecedented NorthernHemisphere summer heat wave thatbrought scorching temperatures across Asia, Europe and North America and thedevastating floods in Pakistan, we have witnessed and experienced first-hand the challenges created by climate change. The totality of these events means cooperation among countries across the globe is critical if we are to successfully surmount these difficulties. We need to build on the Copenhagen Accord, whichhas been supported by more than 140 countriesincluding Korea, and progress further towards the goalof addressing climate change at the 16th Conferenceof the Parties to the United Nations FrameworkConvention on Climate Change to be held in CancĂșnlater this year. In addition, it is also hoped that theCancĂșn meeting will serve as an opportunity fordeveloped and developing countries to rebuild trust in one another regarding the issues raised by climate change.GREEN GROWTH -A STRATEGY FORTHE FUTUREDeveloping competent measures to address theproblem of climate change will require us to revisit andre-evaluate our understanding of the issue and the wayin which we approach the climate change obstacles.As a start, we need to understand that climate changeis an intergenerational issue. We must takeresponsibility for the effects of climate change not onlyfor our own generation, but for our future generations.Action or inaction on our part has massive implicationsfor the present and the future. Appreciating the grave need to counter climate change,we need to reassess the methods through which weachieve economic development. Given the prevailingrealities of climate change, it is no longer feasible fornations to follow the same route to economicdevelopment that countries during the last centuryhave taken. Changes in the climate necessitatechanges in the way we seek economic growth. Thus, the Korean Government has identified thepursuit of Green Growth as a crucial and timely strategyfor the future. This policy will allow us to effectivelyaddress both the immediate and future challengescaused by climate change. At the same time, it willenable Korea to achieve economic developmentthrough industrial reorganisation. This reorganisationrequires a transition from carbon-intensivedevelopment to environmentally-friendly growth. The recent development of electric-powered vehiclesin Korea, which boast maximum speeds of up to 130kilometers per hour, illustrates this strategy. The abilityto power vehicles with "low-carbon" electricity insteadof fossil fuels will lead to a substantial decrease in theconsumption of traditional forms of energy. In turn,less fossil fuel burned will lead to significantreductions in the emission of carbon dioxide and otherharmful greenhouse gases, directly contributing to ourefforts to counter climate change. Energy is anotherarea ripe for innovation. As with automobiles,traditional, carbon-intensive means of creating energyhave relied primarily on fossil fuels such as coal andoil. Although these forms of energy have brought aboutunprecedented economic development in the past,and may continue to play a major role in manycountries, the harm to our environment is undeniable.It is imperative that we seek cleaner, renewable formsof energy. GREEN GROWTH: A NEW PARADIGM FOR PROSPERITYKEYNOTE ARTICLE090G-20 MEMBERSLEE MYUNG-BAK, PRESIDENT, REPUBLIC OF KOREAF