The average annual inflation rate rose to 1.6% in 2010, and continued increasing in early 2011, reaching 2.7% in March and according to Eurostat flash estimate 2.8% in April. While domestic price pressures are still moderate, risks to the inflation outlook have moved to the upside. These relate mainly to higher than expected energy prices.
But in the end, we all play a vital role in tackling climate change. I believe that the momentum for climate action is now unstoppable, that the pace of change is accelerating and that even the laggards will have to jump on board sooner rather than later. After all: unsustainable means that it cannot be sustained. In other words: what is unsustainable will disappear.