1 00:00:00,273 --> 00:00:04,298 We are at a remarkable moment in time. 2 00:00:04,298 --> 00:00:07,234 We face over the next two decades 3 00:00:07,234 --> 00:00:09,300 two fundamental transformations 4 00:00:09,300 --> 00:00:12,342 that will determine whether the next 100 years 5 00:00:12,342 --> 00:00:16,527 is the best of centuries or the worst of centuries. 6 00:00:16,527 --> 00:00:19,249 Let me illustrate with an example. 7 00:00:19,249 --> 00:00:22,523 I first visited Beijing 25 years ago 8 00:00:22,523 --> 00:00:25,549 to teach at the People's University of China. 9 00:00:25,549 --> 00:00:28,485 China was getting serious about market economics 10 00:00:28,485 --> 00:00:30,824 and about university education, 11 00:00:30,824 --> 00:00:35,315 so they decided to call in the foreign experts. 12 00:00:35,315 --> 00:00:36,920 Like most other people, 13 00:00:36,920 --> 00:00:39,736 I moved around Beijing by bicycle. 14 00:00:39,736 --> 00:00:41,930 Apart from dodging the occasional vehicle, 15 00:00:41,930 --> 00:00:45,237 it was a safe and easy way to get around. 16 00:00:45,237 --> 00:00:46,601 Cycling in Beijing now 17 00:00:46,601 --> 00:00:49,422 is a completely different prospect. 18 00:00:49,422 --> 00:00:52,565 The roads are jammed by cars and trucks. 19 00:00:52,565 --> 00:00:54,364 The air is dangerously polluted 20 00:00:54,364 --> 00:00:57,976 from the burning of coal and diesel. 21 00:00:57,976 --> 00:01:00,114 When I was there last in the spring, 22 00:01:00,114 --> 00:01:02,892 there was an advisory for people of my age — 23 00:01:02,892 --> 00:01:05,322 over 65 — 24 00:01:05,322 --> 00:01:08,191 to stay indoors and not move much. 25 00:01:08,191 --> 00:01:10,125 How did this come about? 26 00:01:10,125 --> 00:01:12,545 It came from the way in which 27 00:01:12,545 --> 00:01:14,810 Beijing has grown as a city. 28 00:01:14,810 --> 00:01:17,270 It's doubled over those 25 years, more than doubled, 29 00:01:17,270 --> 00:01:19,446 from 10 million to 20 million. 30 00:01:19,446 --> 00:01:21,139 It's become a sprawling urban area 31 00:01:21,139 --> 00:01:25,498 dependent on dirty fuel, dirty energy, 32 00:01:25,498 --> 00:01:27,321 particularly coal. 33 00:01:27,321 --> 00:01:31,596 China burns half the world's coal each year, 34 00:01:31,596 --> 00:01:35,510 and that's why, it is a key reason why, 35 00:01:35,510 --> 00:01:37,535 it is the world's largest emitter 36 00:01:37,535 --> 00:01:40,449 of greenhouse gases. 37 00:01:40,449 --> 00:01:42,563 At the same time, we have to recognize 38 00:01:42,563 --> 00:01:45,747 that in that period China has grown remarkably. 39 00:01:45,747 --> 00:01:48,188 It has become the world's second largest economy. 40 00:01:48,188 --> 00:01:49,657 Hundreds of millions of people 41 00:01:49,657 --> 00:01:51,822 have been lifted out of poverty. 42 00:01:51,822 --> 00:01:53,903 That's really important. 43 00:01:53,903 --> 00:01:56,220 But at the same time, the people of China 44 00:01:56,220 --> 00:01:57,820 are asking the question: 45 00:01:57,820 --> 00:01:59,400 What's the value of this growth 46 00:01:59,400 --> 00:02:01,525 if our cities are unlivable? 47 00:02:01,525 --> 00:02:03,837 They've analyzed, diagnosed 48 00:02:03,837 --> 00:02:07,177 that this is an unsustainable path of growth 49 00:02:07,177 --> 00:02:09,303 and development. 50 00:02:09,303 --> 00:02:11,632 China's planning to scale back coal. 51 00:02:11,632 --> 00:02:17,493 It's looking to build its cities in different ways. 52 00:02:17,493 --> 00:02:19,326 Now, the growth of China 53 00:02:19,326 --> 00:02:23,050 is part of a dramatic change, fundamental change, 54 00:02:23,050 --> 00:02:25,817 in the structure of the world economy. 55 00:02:25,817 --> 00:02:28,539 Just 25 years ago, the developing countries, 56 00:02:28,539 --> 00:02:30,429 the poorer countries of the world, 57 00:02:30,429 --> 00:02:34,355 were, notwithstanding being the vast majority of the people, 58 00:02:34,355 --> 00:02:36,178 they accounted for only about a third 59 00:02:36,178 --> 00:02:38,170 of the world's output. 60 00:02:38,170 --> 00:02:39,914 Now it's more than half; 61 00:02:39,914 --> 00:02:42,885 25 years from now, it will probably be two thirds 62 00:02:42,885 --> 00:02:45,990 from the countries that we saw 25 years ago 63 00:02:45,990 --> 00:02:47,266 as developing. 64 00:02:47,266 --> 00:02:48,864 That's a remarkable change. 65 00:02:48,864 --> 00:02:51,266 It means that most countries around the world, 66 00:02:51,266 --> 00:02:53,325 rich or poor, are going to be facing 67 00:02:53,325 --> 00:02:55,305 the two fundamental transformations 68 00:02:55,305 --> 00:02:58,490 that I want to talk about and highlight. 69 00:02:58,490 --> 00:03:00,503 Now, the first of these transformations 70 00:03:00,503 --> 00:03:03,110 is the basic structural change 71 00:03:03,110 --> 00:03:04,850 of the economies and societies 72 00:03:04,850 --> 00:03:06,880 that I've already begun to illustrate 73 00:03:06,880 --> 00:03:10,390 through the description of Beijing. 74 00:03:10,390 --> 00:03:13,349 Fifty percent now in urban areas. 75 00:03:13,349 --> 00:03:16,960 That's going to go to 70 percent in 2050. 76 00:03:16,960 --> 00:03:19,221 Over the next two decades, we'll see 77 00:03:19,221 --> 00:03:22,134 the demand for energy rise by 40 percent, 78 00:03:22,134 --> 00:03:26,108 and the growth in the economy and in the population 79 00:03:26,108 --> 00:03:29,090 is putting increasing pressure on our land, 80 00:03:29,090 --> 00:03:32,956 on our water and on our forests. 81 00:03:32,956 --> 00:03:36,241 This is profound structural change. 82 00:03:36,241 --> 00:03:37,816 If we manage it in a negligent 83 00:03:37,816 --> 00:03:40,435 or a shortsighted way, 84 00:03:40,435 --> 00:03:44,301 we will create waste, pollution, congestion, 85 00:03:44,301 --> 00:03:47,851 destruction of land and forests. 86 00:03:47,851 --> 00:03:50,179 If we think of those three areas that I have illustrated 87 00:03:50,179 --> 00:03:53,902 with my numbers — cities, energy, land — 88 00:03:53,902 --> 00:03:55,781 if we manage all that badly, 89 00:03:55,781 --> 00:03:57,862 then the outlook for the lives and livelihoods 90 00:03:57,862 --> 00:03:59,673 of the people around the world 91 00:03:59,673 --> 00:04:02,666 would be poor and damaged. 92 00:04:02,666 --> 00:04:04,488 And more than that, 93 00:04:04,488 --> 00:04:07,796 the emissions of greenhouse gases would rise, 94 00:04:07,796 --> 00:04:11,677 with immense risks to our climate. 95 00:04:11,677 --> 00:04:13,724 Concentrations of greenhouse gases 96 00:04:13,724 --> 00:04:16,642 in the atmosphere are already 97 00:04:16,642 --> 00:04:20,276 higher than they've been for millions of years. 98 00:04:20,276 --> 00:04:23,914 If we go on increasing those concentrations, 99 00:04:23,914 --> 00:04:27,288 we risk temperatures over the next century or so 100 00:04:27,288 --> 00:04:28,905 that we have not seen on this planet 101 00:04:28,905 --> 00:04:32,110 for tens of millions of years. 102 00:04:32,110 --> 00:04:34,236 We've been around as Homo sapiens — 103 00:04:34,236 --> 00:04:37,407 that's a rather generous definition, sapiens — 104 00:04:37,407 --> 00:04:40,210 for perhaps a quarter of a million years, a quarter of a million. 105 00:04:40,210 --> 00:04:41,441 We risk temperatures we haven't seen 106 00:04:41,441 --> 00:04:46,180 for tens of millions of years over a century. 107 00:04:46,180 --> 00:04:48,250 That would transform the relationship 108 00:04:48,250 --> 00:04:52,479 between human beings and the planet. 109 00:04:52,479 --> 00:04:57,130 It would lead to changing deserts, 110 00:04:57,130 --> 00:05:00,320 changing rivers, changing patterns of hurricanes, 111 00:05:00,320 --> 00:05:01,558 changing sea levels, 112 00:05:01,558 --> 00:05:04,201 hundreds of millions of people, 113 00:05:04,201 --> 00:05:07,430 perhaps billions of people who would have to move, 114 00:05:07,430 --> 00:05:09,353 and if we've learned anything from history, 115 00:05:09,353 --> 00:05:11,665 that means severe and extended conflict. 116 00:05:11,665 --> 00:05:13,543 And we couldn't just turn it off. 117 00:05:13,543 --> 00:05:15,973 You can't make a peace treaty with the planet. 118 00:05:15,973 --> 00:05:18,200 You can't negotiate with the laws of physics. 119 00:05:18,200 --> 00:05:19,915 You're in there. You're stuck. 120 00:05:19,915 --> 00:05:21,591 Those are the stakes we're playing for, 121 00:05:21,591 --> 00:05:24,313 and that's why we have to make this second transformation, 122 00:05:24,313 --> 00:05:25,953 the climate transformation, 123 00:05:25,953 --> 00:05:28,336 and move to a low-carbon economy. 124 00:05:28,336 --> 00:05:30,714 Now, the first of these transformations 125 00:05:30,714 --> 00:05:31,795 is going to happen anyway. 126 00:05:31,795 --> 00:05:33,644 We have to decide whether to do it well or badly, 127 00:05:33,644 --> 00:05:36,462 the economic, or structural, transformation. 128 00:05:36,462 --> 00:05:38,352 But the second of the transformations, 129 00:05:38,352 --> 00:05:42,466 the climate transformations, we have to decide to do. 130 00:05:42,466 --> 00:05:44,685 Those two transformations face us 131 00:05:44,685 --> 00:05:46,858 in the next two decades. 132 00:05:46,858 --> 00:05:50,071 The next two decades are decisive 133 00:05:50,071 --> 00:05:52,786 for what we have to do. 134 00:05:52,786 --> 00:05:54,305 Now, the more I've thought about this, 135 00:05:54,305 --> 00:05:56,409 the two transformations coming together, 136 00:05:56,409 --> 00:05:57,956 the more I've come to realize 137 00:05:57,956 --> 00:06:00,908 that this is an enormous opportunity. 138 00:06:00,908 --> 00:06:03,135 It's an opportunity which we can use 139 00:06:03,135 --> 00:06:06,532 or it's an opportunity which we can lose. 140 00:06:06,532 --> 00:06:09,255 And let me explain through those three key areas 141 00:06:09,255 --> 00:06:11,965 that I've identified: cities, energy and land. 142 00:06:11,965 --> 00:06:14,019 And let me start with cities. 143 00:06:14,019 --> 00:06:18,052 I've already described the problems of Beijing: 144 00:06:18,052 --> 00:06:20,898 pollution, congestion, waste and so on. 145 00:06:20,898 --> 00:06:24,588 Surely we recognize that in many of our cities 146 00:06:24,588 --> 00:06:25,847 around the world. 147 00:06:25,847 --> 00:06:28,772 Now, with cities, like life but particularly cities, 148 00:06:28,772 --> 00:06:31,836 you have to think ahead. 149 00:06:31,836 --> 00:06:33,250 The cities that are going to be built — 150 00:06:33,250 --> 00:06:35,406 and there are many, and many big ones — 151 00:06:35,406 --> 00:06:36,870 we have to think of how to design them 152 00:06:36,870 --> 00:06:38,221 in a compact way 153 00:06:38,221 --> 00:06:41,664 so we can save travel time and we can save energy. 154 00:06:41,664 --> 00:06:45,579 The cities that already are there, well established, 155 00:06:45,579 --> 00:06:48,650 we have to think about renewal and investment in them 156 00:06:48,650 --> 00:06:51,428 so that we can connect ourselves much better 157 00:06:51,428 --> 00:06:53,820 within those cities, and make it easier, 158 00:06:53,820 --> 00:06:57,411 encourage more people, to live closer to the center. 159 00:06:57,411 --> 00:06:59,821 We've got examples building around the world 160 00:06:59,821 --> 00:07:02,113 of the kinds of ways in which we can do that. 161 00:07:02,113 --> 00:07:06,131 The bus rapid transport system in Bogotá in Colombia 162 00:07:06,131 --> 00:07:08,763 is a very important case of how to move around 163 00:07:08,763 --> 00:07:11,333 safely and quickly in a non-polluting way 164 00:07:11,333 --> 00:07:14,528 in a city: very frequent buses, 165 00:07:14,528 --> 00:07:17,465 strongly protected routes, the same service, really, 166 00:07:17,465 --> 00:07:19,556 as an underground railway system, 167 00:07:19,556 --> 00:07:21,367 but much, much cheaper 168 00:07:21,367 --> 00:07:23,775 and can be done much more quickly, 169 00:07:23,775 --> 00:07:25,670 a brilliant idea in many more cities 170 00:07:25,670 --> 00:07:27,706 around the world that's developing. 171 00:07:27,706 --> 00:07:29,607 Now, some things in cities do take time. 172 00:07:29,607 --> 00:07:32,660 Some things in cities can happen much more quickly. 173 00:07:32,660 --> 00:07:34,764 Take my hometown, London. 174 00:07:34,764 --> 00:07:40,052 In 1952, smog in London killed 4,000 people 175 00:07:40,052 --> 00:07:42,746 and badly damaged the lives of many, many more. 176 00:07:42,746 --> 00:07:44,096 And it happened all the time. 177 00:07:44,096 --> 00:07:46,598 For those of you live outside London in the U.K. 178 00:07:46,598 --> 00:07:48,791 will remember it used to be called The Smoke. 179 00:07:48,791 --> 00:07:50,467 That's the way London was. 180 00:07:50,467 --> 00:07:52,549 By regulating coal, within a few years 181 00:07:52,549 --> 00:07:55,637 the problems of smog were rapidly reduced. 182 00:07:55,637 --> 00:07:57,192 I remember the smogs well. 183 00:07:57,192 --> 00:07:59,915 When the visibility dropped to [less] than 184 00:07:59,915 --> 00:08:01,908 a few meters, 185 00:08:01,908 --> 00:08:03,764 they stopped the buses and I had to walk. 186 00:08:03,764 --> 00:08:05,822 This was the 1950s. 187 00:08:05,822 --> 00:08:09,720 I had to walk home three miles from school. 188 00:08:09,720 --> 00:08:13,289 Again, breathing was a hazardous activity. 189 00:08:13,289 --> 00:08:15,967 But it was changed. It was changed by a decision. 190 00:08:15,967 --> 00:08:19,136 Good decisions can bring good results, 191 00:08:19,136 --> 00:08:21,501 striking results, quickly. 192 00:08:21,501 --> 00:08:24,494 We've seen more: In London, we've introduced the congestion charge, 193 00:08:24,494 --> 00:08:27,200 actually quite quickly and effectively, 194 00:08:27,200 --> 00:08:28,820 and we've seen great improvements 195 00:08:28,820 --> 00:08:32,782 in the bus system, and cleaned up the bus system. 196 00:08:32,782 --> 00:08:35,902 You can see that the two transformations I've described, 197 00:08:35,902 --> 00:08:37,858 the structural and the climate, 198 00:08:37,858 --> 00:08:40,490 come very much together. 199 00:08:40,490 --> 00:08:43,423 But we have to invest. We have to invest in our cities, 200 00:08:43,423 --> 00:08:45,956 and we have to invest wisely, and if we do, 201 00:08:45,956 --> 00:08:50,492 we'll see cleaner cities, quieter cities, safer cities, 202 00:08:50,492 --> 00:08:53,149 more attractive cities, more productive cities, 203 00:08:53,149 --> 00:08:55,916 and stronger community in those cities — 204 00:08:55,916 --> 00:08:58,164 public transport, recycling, reusing, 205 00:08:58,164 --> 00:09:02,213 all sorts of things that bring communities together. 206 00:09:02,213 --> 00:09:04,070 We can do that, but we have to think, 207 00:09:04,070 --> 00:09:06,350 we have to invest, we have to plan. 208 00:09:06,350 --> 00:09:08,521 Let me turn to energy. 209 00:09:08,521 --> 00:09:11,743 Now, energy over the last 25 years 210 00:09:11,743 --> 00:09:13,979 has increased by about 50 percent. 211 00:09:13,979 --> 00:09:16,596 Eighty percent of that comes from fossil fuels. 212 00:09:16,596 --> 00:09:18,254 Over the next 20 years, 213 00:09:18,254 --> 00:09:22,030 perhaps it will increase by another 40 percent or so. 214 00:09:22,030 --> 00:09:24,564 We have to invest strongly in energy, 215 00:09:24,564 --> 00:09:27,838 we have to use it much more efficiently, 216 00:09:27,838 --> 00:09:29,526 and we have to make it clean. 217 00:09:29,526 --> 00:09:30,856 We can see how to do that. 218 00:09:30,856 --> 00:09:32,760 Take the example of California. 219 00:09:32,760 --> 00:09:35,370 It would be in the top 10 countries in the world 220 00:09:35,370 --> 00:09:37,913 if it was independent. 221 00:09:37,913 --> 00:09:40,478 I don't want to start any — 222 00:09:40,478 --> 00:09:43,976 (Laughter) 223 00:09:43,976 --> 00:09:45,821 California's a big place. 224 00:09:45,821 --> 00:09:47,869 (Laughter) 225 00:09:47,869 --> 00:09:50,610 In the next five or six years, 226 00:09:50,610 --> 00:09:53,324 they will likely move from 227 00:09:53,324 --> 00:09:55,563 around 20 percent in renewables — 228 00:09:55,563 --> 00:09:57,320 wind, solar and so on — 229 00:09:57,320 --> 00:09:59,793 to over 33 percent, 230 00:09:59,793 --> 00:10:02,232 and that would bring California back 231 00:10:02,232 --> 00:10:04,765 to greenhouse gas emissions in 2020 232 00:10:04,765 --> 00:10:06,722 to where they were in 1990, 233 00:10:06,722 --> 00:10:08,466 a period when the economy in California 234 00:10:08,466 --> 00:10:09,898 would more or less have doubled. 235 00:10:09,898 --> 00:10:11,348 That's a striking achievement. 236 00:10:11,348 --> 00:10:12,831 It shows what can be done. 237 00:10:12,831 --> 00:10:16,138 Not just California — the incoming government of India 238 00:10:16,138 --> 00:10:19,164 is planning to get solar technology 239 00:10:19,164 --> 00:10:20,536 to light up the homes 240 00:10:20,536 --> 00:10:22,246 of 400 million people 241 00:10:22,246 --> 00:10:24,311 who don't have electricity in India. 242 00:10:24,311 --> 00:10:26,791 They've set themselves a target of five years. 243 00:10:26,791 --> 00:10:30,020 I think they've got a good chance of doing that. 244 00:10:30,020 --> 00:10:32,679 We'll see, but what you're seeing now 245 00:10:32,679 --> 00:10:34,990 is people moving much more quickly. 246 00:10:34,990 --> 00:10:36,724 Four hundred million, more than the population 247 00:10:36,724 --> 00:10:38,850 of the United States. 248 00:10:38,850 --> 00:10:40,943 Those are the kinds of ambitions now 249 00:10:40,943 --> 00:10:42,649 people are setting themselves 250 00:10:42,649 --> 00:10:47,129 in terms of rapidity of change. 251 00:10:47,129 --> 00:10:49,099 Again, you can see 252 00:10:49,099 --> 00:10:50,880 good decisions can bring quick results, 253 00:10:50,880 --> 00:10:53,913 and those two transformations, the economy and the structure 254 00:10:53,913 --> 00:10:55,904 and the climate and the low carbon, 255 00:10:55,904 --> 00:10:58,447 are intimately intertwined. 256 00:10:58,447 --> 00:11:00,269 Do the first one well, the structural, 257 00:11:00,269 --> 00:11:02,250 the second one on the climate 258 00:11:02,250 --> 00:11:05,432 becomes much easier. 259 00:11:05,432 --> 00:11:07,221 Look at land, 260 00:11:07,221 --> 00:11:09,809 land and particularly forests. 261 00:11:09,809 --> 00:11:12,869 Forests are the hosts to valuable 262 00:11:12,869 --> 00:11:15,398 plant and animal species. 263 00:11:15,398 --> 00:11:17,746 They hold water in the soil 264 00:11:17,746 --> 00:11:20,664 and they take carbon dioxide out of the atmosphere, 265 00:11:20,664 --> 00:11:23,733 fundamental to the tackling of climate change. 266 00:11:23,733 --> 00:11:25,965 But we're losing our forests. 267 00:11:25,965 --> 00:11:28,792 In the last decade, we've lost a forest area 268 00:11:28,792 --> 00:11:30,935 the size of Portugal, 269 00:11:30,935 --> 00:11:33,398 and much more has been degraded. 270 00:11:33,398 --> 00:11:35,153 But we're already seeing 271 00:11:35,153 --> 00:11:37,560 that we can do so much about that. 272 00:11:37,560 --> 00:11:39,597 We can recognize the problem, but we can also 273 00:11:39,597 --> 00:11:41,711 understand how to tackle it. 274 00:11:41,711 --> 00:11:44,366 In Brazil, the rate of deforestation 275 00:11:44,366 --> 00:11:46,383 has been reduced by 70 percent 276 00:11:46,383 --> 00:11:48,945 over the last 10 years. 277 00:11:48,945 --> 00:11:51,930 How? By involving local communities, 278 00:11:51,930 --> 00:11:54,751 investing in their agriculture and their economies, 279 00:11:54,751 --> 00:11:56,851 by monitoring more carefully, 280 00:11:56,851 --> 00:12:00,496 by enforcing the law more strictly. 281 00:12:00,496 --> 00:12:02,386 And it's not just stopping deforestation. 282 00:12:02,386 --> 00:12:04,827 That's of course of first and fundamental importance, 283 00:12:04,827 --> 00:12:08,449 but it's also regrading degraded land, 284 00:12:08,449 --> 00:12:12,849 regenerating, rehabilitating degraded land. 285 00:12:12,849 --> 00:12:16,729 I first went to Ethiopia in 1967. 286 00:12:16,729 --> 00:12:19,204 It was desperately poor. In the following years, 287 00:12:19,204 --> 00:12:20,950 it suffered devastating famines 288 00:12:20,950 --> 00:12:24,806 and profoundly destructive social conflict. 289 00:12:24,806 --> 00:12:27,640 Over the last few years, actually more than a few, 290 00:12:27,640 --> 00:12:30,565 Ethiopia has been growing much more rapidly. 291 00:12:30,565 --> 00:12:32,455 It has ambitions to be a middle-income country 292 00:12:32,455 --> 00:12:34,960 15 years from now 293 00:12:34,960 --> 00:12:37,203 and to be carbon neutral. 294 00:12:37,203 --> 00:12:40,251 Again, I think it's a strong ambition 295 00:12:40,251 --> 00:12:42,546 but it is a plausible one. 296 00:12:42,546 --> 00:12:43,957 You're seeing that commitment there. 297 00:12:43,957 --> 00:12:45,223 You're seeing what can be done. 298 00:12:45,223 --> 00:12:47,788 Ethiopia is investing in clean energy. 299 00:12:47,788 --> 00:12:51,410 It's working in the rehabilitation of land. 300 00:12:51,410 --> 00:12:53,840 In Humbo, in southwest Ethiopia, 301 00:12:53,840 --> 00:12:55,257 a wonderful project 302 00:12:55,257 --> 00:12:57,440 to plant trees on degraded land 303 00:12:57,440 --> 00:12:59,060 and work with local communities 304 00:12:59,060 --> 00:13:01,509 on sustainable forest management 305 00:13:01,509 --> 00:13:04,550 has led to big increases in living standards. 306 00:13:04,550 --> 00:13:08,414 So we can see, from Beijing to London, 307 00:13:08,414 --> 00:13:10,703 from California to India, 308 00:13:10,703 --> 00:13:13,830 from Brazil to Ethiopia, 309 00:13:13,830 --> 00:13:15,439 we do understand 310 00:13:15,439 --> 00:13:17,644 how to manage those two transformations, 311 00:13:17,644 --> 00:13:19,573 the structural and the climate. 312 00:13:19,573 --> 00:13:23,752 We do understand how to manage those well. 313 00:13:23,752 --> 00:13:26,530 And technology is changing very rapidly. 314 00:13:26,530 --> 00:13:28,937 I don't have to list all those things 315 00:13:28,937 --> 00:13:30,828 to an audience like this, 316 00:13:30,828 --> 00:13:33,122 but you can see the electric cars, 317 00:13:33,122 --> 00:13:36,206 you can see the batteries using new materials. 318 00:13:36,206 --> 00:13:38,601 You can see that we can manage remotely now 319 00:13:38,601 --> 00:13:42,156 our household appliances on our mobile phones when we're away. 320 00:13:42,156 --> 00:13:43,963 You can see better insulation. 321 00:13:43,963 --> 00:13:45,886 And there's much more coming. 322 00:13:45,886 --> 00:13:48,283 But, and it's a big but, 323 00:13:48,283 --> 00:13:49,892 the world as a whole 324 00:13:49,892 --> 00:13:52,670 is moving far too slowly. 325 00:13:52,670 --> 00:13:55,212 We're not cutting emissions in the way we should. 326 00:13:55,212 --> 00:13:57,923 We're not managing those structural transformations 327 00:13:57,923 --> 00:14:00,152 as we can. 328 00:14:00,152 --> 00:14:03,391 The depth of understanding of the immense risks of climate change 329 00:14:03,391 --> 00:14:06,970 are not there yet. 330 00:14:06,970 --> 00:14:09,101 The depth of understanding 331 00:14:09,101 --> 00:14:11,586 of the attractiveness of what we can do 332 00:14:11,586 --> 00:14:15,250 is not there yet. 333 00:14:15,250 --> 00:14:18,748 We need political pressure to build. 334 00:14:18,748 --> 00:14:22,280 We need leaders to step up. 335 00:14:22,280 --> 00:14:25,779 We can have better growth, 336 00:14:25,779 --> 00:14:29,986 better climate, a better world. 337 00:14:29,986 --> 00:14:31,798 We can make, 338 00:14:31,798 --> 00:14:34,578 by managing those two transformations well, 339 00:14:34,578 --> 00:14:38,866 the next 100 years the best of centuries. 340 00:14:38,866 --> 00:14:40,093 If we make a mess of it, 341 00:14:40,093 --> 00:14:43,240 we, you and me, if we make a mess of it, 342 00:14:43,240 --> 00:14:45,713 if we don't manage those transformations properly, 343 00:14:45,713 --> 00:14:48,604 it will be, the next 100 years 344 00:14:48,604 --> 00:14:51,335 will be the worst of centuries. 345 00:14:51,335 --> 00:14:53,227 That's the major conclusion 346 00:14:53,227 --> 00:14:56,358 of the report on the economy and climate 347 00:14:56,358 --> 00:15:00,227 chaired by ex-President Felipe Calderón of Mexico, 348 00:15:00,227 --> 00:15:02,407 and I co-chaired that with him, 349 00:15:02,407 --> 00:15:04,360 and we handed that report yesterday 350 00:15:04,360 --> 00:15:07,350 here in New York, in the United Nations Building 351 00:15:07,350 --> 00:15:08,822 to the Secretary-General of the U.N., 352 00:15:08,822 --> 00:15:10,088 Ban Ki-moon. 353 00:15:10,088 --> 00:15:14,193 We know that we can do this. 354 00:15:14,193 --> 00:15:17,575 Now, two weeks ago, 355 00:15:17,575 --> 00:15:20,975 I became a grandfather for the fourth time. 356 00:15:20,975 --> 00:15:23,107 Our daughter — 357 00:15:23,107 --> 00:15:33,710 (Baby cries) (Laughter) (Applause) — 358 00:15:33,710 --> 00:15:36,621 Our daughter gave birth to Rosa here in New York 359 00:15:36,621 --> 00:15:39,626 two weeks ago. Here are Helen and Rosa. 360 00:15:39,626 --> 00:15:44,115 (Applause) 361 00:15:46,870 --> 00:15:49,838 Two weeks old. 362 00:15:49,838 --> 00:15:55,525 Are we going to look our grandchildren in the eye 363 00:15:55,525 --> 00:15:59,272 and tell them that we understood the issues, 364 00:15:59,272 --> 00:16:02,590 that we recognized the dangers and the opportunities, 365 00:16:02,590 --> 00:16:06,831 and still we failed to act? 366 00:16:06,831 --> 00:16:10,310 Surely not. Let's make the next 100 years 367 00:16:10,310 --> 00:16:12,116 the best of centuries. 368 00:16:12,116 --> 00:16:16,116 (Applause)