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Shifting to pro-poor, low-carbon growth
Climate change and poverty are the biggest challenges confronting the world and both require urgent attention. Current economic growth based on high greenhouse gas emissions is not sustainable, and will worsen the plight of the poor. But poor countries rightfully argue that economic growth helps them fight poverty, and they cannot afford to stop pursuing economic growth in order to reduce greenhouse gases. Low-carbon growth is emerging as a key option for the world to meet its needs without generating adverse climate effects, but for poor countries, low-carbon growth strategies are only as good as they help them move out of poverty and adapt to climate change. This article argues that low-carbon growth does not hinder growth or exacerbate poverty. pro-poor low-carbon growth is likely to have positivenet benefits – including a bridging of the development gap between rich and poor.