Ban Ki-Moon Says Climate Deal ‘May Be Out of Reach’ Due to Economic Crisis

United Nations Secretary General Ban Ki-Moon said global warming talks this week may not be able to make a breakthrough because of the world economic crisis, though envoys should work harder to limit climate change.

“We must be realistic about the opportunity of a breakthrough in Durban,” Ban said at UN climate talks in the South African port city. “There are great economic troubles” and a far-reaching treaty “may be beyond our reach for now.”

“None of these uncertainties should prevent us from taking real progress here in Durban. Now is the moment to be ambitious.”

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

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