03/20/2009 05:12 am ET | Updated May 25, 2011

UN's Green New Deal: Rich Should Work On Energy, Poor On Water

The United Nations called Monday on rich nations to forge a "Global Green New Deal" that puts the environment, climate change and poverty reduction at the heart of efforts to reboot the world economy.

"Reviving the world economy is essential, but measures that focus solely on this objective will not achieve lasting success," the UNEP cautioned, invoking the US New Deal launched by Franklin Roosevelt in the 1930s.

"Unless new policy initiatives also address other global challenges -- reducing carbon dependency, protecting ecosystems and water resources, alleviating poverty -- their impact on averting future crises will be short-lived."

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