World Bank on climate change

The World Bank said Latin America should not prioritise tackling climate change, amid the global financial crisis that\'s restricting government resources.



A World Bank report has acknowledged that dealing with the global economic crisis and the longer-term threats of climate change would be difficult.



According to the bank, fewer private investments and fluctuating oil prices are testing the willingness of governments to launch projects to fight climate change, or push ahead with greenhouse gas cuts.



Chief economist for Latin America and the Caribbean Augusto de la Torre said there is a challenge to find common ground and identify policies that can deliver progress from both fronts.