GENEVA (AN) — Proponents of clean energy say a new global fund is needed to drive the creation of technology that can fulfill the 2015 Paris Agreement's goal of halting a rise in global temperatures.
A global fund or international organization could accelerate innovation enabling the energy sector "to meet the demands placed on it by the Paris climate agreement and play a positive role in the fight against climate change," the World Economic Forum, or WEF, and Mission Innovation, an alliance of 22 governments and the European Union said in a statement in late May.
Climate & Health — European Commission (E.C.) — European Union (E.U.) — Global Issues — Green Climate Fund (GCF) — Mission Innovation — Nordic Council of Ministers — Paris Agreement 2015 — U.N. Framework Convention on Climate Change (UNFCCC) 1994 — United Nations (U.N.) — World Economic Forum (WEF) — Switzerland — Sweden — Denmark — Finland — Norway — South Korea — Germany — United States (U.S.) — France
