'Now is the time for the richer industrialised countries to show that they too are willing to move decisively along this path'
The winner of the 2001 Nobel Prize for Economics says recovery could be difficult if the crisis in Egypt spreads to the entire region.
Pachauri, who has been under attack from various quarters over the IPCC's 2007 report on Himalayan glaciers, has already ruled out his resignation saying that the mistake was 'unfortunate' and he would go ahead to complete the Fifth IPCC Assessment Report.
"Can we afford to persist with the distortions that have long crept into our energy pricing policies? Are we contributing to environmental degradation through some of our energy pricing policies?, he asked at the Delhi Sustainable Development Summit in New Delhi.
'I am here to terminate climate change once and for all.'