June 16, 2009 Tuesday
Updated

June 16, 2009
Asia grows, climate change up
MANILA - ASIA'S rapid economic growth in recent years has contributed significantly to climate change and environmental pollution, the head of the Asian Development Bank (ADB) warned on Tuesday.

In response to this, 'it is imperative that we escalate our efforts to put the region on a path of low-carbon growth,' bank president Haruhiko Kuroda told an ADB forum on climate change.

'Rapid development has lifted hundreds of millions of people out of poverty while bringing the region as a whole to higher living standards. Along with this economic expansion, however, has been a rise in environmental pollution including greenhouse gas emissions,' he said.

He said the developing countries of Asia now account for one-third of global emissions brought about by energy consumption, deforestation and land use.

'Unless measures are taken now, Asia's share of global greenhouse gas emissions could increase to more than 40 percent by 2030,' he said.

The ADB was trying to address this and had provided almost 1.7 billion dollars for 'projects with clean energy components,' including wind power projects in China and India, he said.

Asian countries are also seeking ways to stimulate growth without hurting the environment, 'including development of renewable energy and other environmentally sustainable technologies,' he said. -- AFP

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