The world still has the resources and capability to combat climate change, and countries should not use the financial crisis as an excuse to postpone actions to address global warming, according to a leading expert on carbon. James Cameron, vice-chairman of Climate Change Capital in London, stated at a conference in Australia that recent efforts to mobilize trillions of dollars have shown the strength and magnitude of international cooperation in addressing a global crisis. He warned that governments may prioritize short-term issues over long-term climate change, but emphasized that the ability to collaborate across borders and mobilize capital quickly in times of crisis demonstrates the potential to support market systems while tackling environmental challenges. He suggested that if governments worked together with the same level of cooperation and urgency to address climate change as they did with the financial crisis, both issues could be tackled simultaneously. There are concerns that the financial crisis has already depleted public funds, making countries hesitant to make immediate commitments to address climate change that may impact their economies and jobs. However, Cameron, a prominent investor in clean-energy projects, argued that focusing solely on short-term costs is unwise. He emphasized that investing in solutions to address climate change, despite the economic challenges, is essential in the long run. Climate Change Capital manages over $1.6 billion in funds and specializes in companies and institutions impacted by policy and capital market reactions to climate change, as stated on the firm's website.