[holding answer 2 November 2009]: There were no specific commitments agreed for which the Department will be responsible. The IMF-World Bank communiqué reiterated support for the World Bank Group’s efforts to tackle long-term development challenges, including climate change, in line with its comparative advantage. We welcome the engagement of all international financial institutions in addressing the challenge and opportunity of low carbon climate resilient growth, and encourage them to make their existing investments climate-smart.
A comprehensive, fair and equitable deal at Copenhagen that tackles climate change effectively has the potential to be the most important development agreement of the decade. An agreement that puts the needs of developing countries and poor people at its heart is essential for sustainable growth and poverty reduction. These issues are central to all our international discussions on the shape of a Copenhagen deal.