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The World Bank should be using its financial assistance to help developing economies leapfrog high carbon development and promote investment in clean and ultimately cheaper alternatives such as wind and solar.
If the Tories are serious about wanting to help developing economies, they should turn their attention to the hundreds of billions of dollars siphoned out of those economies through tax dodging and trade mispricing schemes.
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Just as it makes small firms more competitive, it will help developing economies to move ahead.
Hanna and others see "high-compassion finance" as one of the best ways to help developing countries transform their economies.
The issue that has prevented a major advance in the battle against global warming for two decades has scuttled progress at the latest U.N. gathering aimed at forging a climate pact by 2015: how much rich nations should pay to help developing countries build their economies with clean-energy sources.
Former Reagan trade official Clyde Prestowitz masterfully explains in his new book, "The Betrayal of American Prosperity," how America's decline is due to the embrace of free trade as a "win-win" situation and its failure to intervene in the economy to help developing industries like wind energy manufacturers.
In particular, it must embody support, including public and private funding, from the rich countries to help developing countries to build low-carbon economies, and to become more resilient to those impacts of climate change that cannot now be avoided.
It also calls on richer nations to help developing countries control their emissions as their economies grow.
The 15 leaders committed themselves to give about $23 billion in structural aid to help develop the economies of the poorest of the new members in the first three years of their membership, about $2.5 billion less than was initially proposed.
Shen Yuxi, the manager, said the central government had turned its back on the local industry because it was encouraging silk production in western China to help develop the economy there.
To our knowledge, the Cayman Islands received no financial support from the UK to help with rebuilding after the devastating Hurricane Ivan in 2004, and has received no financial support to help develop its economy or build important infrastructure projects such as schools, roads, etc.
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