As we emerge from a global recession, climate change is once again on the global agenda. During the week of January 21 -25, many of those present for the World Economic Forum (WEF) in Davos Switzerland, acknowledged that climate change has very significant economic ramifications. Both President Barack Obama and UN secretary-general Ban Ki-moon highlighted climate change as a top priority in Davos.
"There was mostly silence on climate change for the last two years at Davos," said Fred Krupp, president of the Environmental Defense "But that has changed. The US drought, especially, has grabbed people's attention here in Davos because that has had a real effect on prices."
