Failing to curb the impact of climate change could damage the global economy on the scale of the Great Depression or the world wars by spawning environmental devastation that could cost 5 to 20 percent of the world's annual gross domestic product.

To claim the World Bank is just an extension of US foreign policy is just wrong.

A rise of 5C would be a temperature the world has not seen for 30 to 50 million years. We've been around only 100,000 years as human beings. We don't know what that's like.

Enlightened self-interest from those involved in hydrocarbons should lead to the support of technologies enabling the clean use of hydrocarbons, such as carbon capture and storage, and not to the defence of deniers and cranks.

Unfortunately, the current pace of progress is not nearly rapid enough, with many rich industrialised countries being slow to make the transition to cleaner and more efficient forms of economic growth.

Looking back, I underestimated the risks. The planet and the atmosphere seem to be absorbing less carbon than we expected, and emissions are rising pretty strongly. Some of the effects are coming through more quickly than we thought then.

It's very important that there should be cross-fertilisation between government and academia. Both parties can benefit from having a better understanding of how the other works.