UN Climate Chief Calls for Tripling of Clean Energy Investment

Christiana Figueres says $1 trillion a year is required for the transformation needed to stay within 2C of warming.

The United Nations climate chief has urged global financial institutions to triple their investments in clean energy to reach the $1 trillion a year mark that would help avert a climate catastrophe.

In an interview with the Guardian, the UN's Christiana Figueres urged institutions to begin building the foundations of a clean energy economy by scaling up their investments.
Global investment in clean technologies is running at about $300bn a year – but that is nowhere where it needs to be, Figueres said.

"From where we are to where we need to be, we need to triple, and we need to do that – over the next five to 10 years would be best – but certainly by 2030," she said.

UN Climate Chief Calls for Tripling of Clean Energy Investment