Latest round of UN climate talks focuses on energy investment
Just how excited can one get by the latest round of international talks on climate change? This one is focused on business, specifically energy investment:
A new report by the U.N. Framework Convention on Climate Change says additional investments of about $210 billion a year will be needed – mostly in the developing world – to maintain greenhouse gas emissions at their current levels until 2030.
“If the funding available … remains at its current level and continues to rely mainly on voluntary contributions, it will not be sufficient,” the report warns.
If you weren’t aware.