Climate change is increasingly seen as the biggest environmental challenge facing the world. And while the problem springs from industrialisation and the transport revolution, developing countries are among the the most vulnerable to climate change. They will be the first to experience flooding, drought and crop failures. What can be done? Can initiatives like the UN's Clean Development Mechanism (CDM) yield adequate results, and what contribution can we expect from the European Commission's proposed 'Global Climate Change Alliance' (GCCA)? What greater level of financial commitment is needed, with what timetable? How can we better integrate the climate change issue into our development policies? The Development Policy Forum (DPF) - a partnership between Friends of Europe, the World Bank, the UN, the UK's Department for International Development, the Agence Française de Développement and the Friedrich-Ebert-Stiftung. DPF roundtables will, from February 2008, offer a regular meeting point  for development policy specialists in Brussels, other national capitals and further afield to debate Europe's role in shaping new thinking on development policy issues. The next DPF roundtable will take place on Tuesday, 26 February 2008.