Painful truth from Jeffrey Sachs / Mongolia to Japan grid will halve Japanese energy prices / China $284m wind bond / MIGA needs a push / IEA supports climate bonds / Korea shoots for 2% of GDP going into green growth
Submitted on Fri, 2012-05-11 01:52> In Korea, in the centre of dynamic Seoul, Jeffrey Sachs has just spelt out the painful truth in his speech to the Global Green Growth Summit:
“We are in deep trouble. Things are not working to fix the biggest problem we’ve had to fix. We have failed to do what, 20 years ago, we set out to do. We have squandered that 20 years.
This is an issue where you can feel good about a demonstration project here and there; but the scale of the impact is overwhelming us all.
