Investors Rallying to Scale up Global Clean Energy Transition
UN Secretary-General, Ban Ki-moon ON the heels of the historic international climate agreement in Paris, more than 500 global investors gathered last week at the United Nations to begin mobilizing the trillions of dollars needed to catalyze the global clean energy transition. Speaking just days after scientists confirmed that 2015 was the hottest year on record, UN Secretary-General Ban Ki-moon called on investors to help achieve a doubling in global clean energy investments by 2020. While those investments hit a record high of $329 billion in 2015, significant gaps remain in growing clean energy at the levels necessary to meet the Paris climate accord’s goal of limiting global temperature rise to below 2 degrees Celsius. “Today, I call on the investor community to build on the strong momentum from Paris and seize the opportunities for clean energy growth. I challenge investors to double – at a minimum – their clean energy investments by 2020,” Ban told the crowd of financial l...