Ban Ki-moon Says It’s Time for Investors to Cut Some Checks for Renewable Energy
UN Secretary-General Ban Ki-moon told hundreds of investors on Wednesday that they should aim to double the amount of capital they commit to clean energy production by the year 2020.
The secretary-general said that in the wake of the recent climate change pact agreed upon in Paris nations had to move away from fossil fuels “immediately.”
Source: VICE NEWS
"We can avert these risks if we take bold, decisive action now. An increasing number of government leaders, policymakers, businesses, investors and concerned citizens are beginning to comprehend the costs of climate change. More crucially, they are also learning that affordable solutions exist or are in the pipeline to reduce greenhouse gas emissions and support resilience. We need to deploy these solutions at a scale commensurate to the challenge. That means investment and it means global co-operation, especially in the areas of finance and technology. That is why it is important that governments complete their work on a new universal climate agreement by 2015."
"To build political momentum and help bring about action, I am convening a climate summit in New York on 23 September. I am pressing national leaders, along with mayors and senior representatives from business, finance and civil society, to join a "race to the top" by showcasing solutions and forging partnerships that can steer the world away from cataclysm and towards a sustainable future."