"There is not a contradiction between growth, development and being good stewards of the planet, they are complementary," Obama said at the conference, which is taking place ahead of the annual Asia-Pacific Economic Co-operation (APEC) gathering.The Paris event represents the first bid for a truly global climate rescue pact since the chaotic 2009 summit in Copenhagen ended in bitter disappointment."After his speech to the business leaders, Obama led a panel discussion with Chinese tech-billionaire Jack Ma and Aisa Mijeno, a young Filipina engineer turned entrepreneur.In a speech to an Asia-Pacific business conference Rotameter Factory in the Philippines, Obama said there was still a "lot of work to do" to ensure success at the United Nations summit.Mijeno explained how she invented a cheap lamp that runs on salt water and can charge a cellphone -- part of a bid to provide poor villagers in remote areas of the Philippines with clean electricity."You don't want to get to stage four," Obama replied."Climate change is real, it's a fact.

Previous efforts have failed because governments and businesses have struggled to break free from fossil fuel dependency that has driven economic growth since the industrial revolution."If we can get an agreement done, it could drive new jobs and opportunities, and investment in a global economy that, frankly, needs a boost right now.The summit is aimed at forging a pact to reduce greenhouse gas emissions Manila: US President Barack Obama said Wednesday he was optimistic an elusive deal to contain global warming could be forged at an upcoming crunch summit in Paris, and insisted an ambitious deal would boost a flagging world economy.6 degrees Fahrenheit) over pre-industrial levels."Nevertheless, I'm optimistic that we can get an outcome that we're all proud of, because we understand what's at stake," Obama said.In the latest example, the Republican-run US Senate on Tuesday rejected key rules wanted by Obama's administration to limit greenhouse gas emissions by power plants.

It's not a myth that scientists created in order to get funding or grants."Obama insisted an ambitious deal in Paris would spur investment, as it would signal to businesses that they should "go all-in on renewable energy technologies"."The old rules that said we couldn't grow our economies and protect our environment at the same time, those are outdated..Scientists warn that unless drastic action is taken quickly, warming temperatures will lead to rising sea levels and natural catastrophes that threaten mankind. It's real, it's happening now," she told Obama. We can transition to clean energy without squeezing businesses and consumers.The meeting will try to negotiate a pact to keep global warming below two degrees Celsius (3.Mijeno then compared climate change to the stages of cancer, saying the earth was around stage two, where symptoms are beginning to show but can be treated.The goal of the climate summit in the French capital, which begins on November 30, is to forge a pact to reduce the greenhouse gas emissions that are blamed for global warming