The first step in confronting climate change is to reduce the growth of greenhouse gas emissions. All countries need to take decisive steps to cut or limit the growth of emissions. Fortunately, we know ways of doing so, by globally deploying the most advanced clean-energy technologies.

Unfortunately, without a global investment framework built on market incentives, these technologies are not affordable for many developing countries. To address this the US, UK and Japan are working to create a fund to ensure the widespread adoption of clean technologies in the developing world. Market-driven economic development is one of the great success stories of the past half century. We should ensure that growth and poverty reduction continue without adding to the costs to the environment through the emission of the greenhouse gases primarily responsible for climate change.