Page last updated at 12:04 GMT, Wednesday, 10 October 2012 13:04 UK

Will green energy keep Europe competitive?

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What has happened to Europe's big ambition to lead the world toward a low-carbon, sustainable future?

As austerity bites so doubts intensify about the wisdom of decarbonising the European economy and financing greener growth in the developing world.

EU Commissioner for Climate Action, Connie Hedegaard says while avoiding bankrupty is top of many countries agenda ignoring the climate crisis issue will come with a very high price tag.

You can watch the full interview on BBC World News on Wednesday 10 October at 03:30, 08:30, 15:30 and 20:30 GMT and on the BBC News Channel at 0430 on Wednesday 10 October and 0030 on Thursday 11 October.

Watch recent episodes online (UK only) or subscribe to our podcast. Find out who is coming up on the programme by following us on Twitter .

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