With that clean energy investment gap in mind, over 500 global investors gathered at the United Nations headquarters in New York City Wednesday in the first major meeting since the U.N. climate summit in Paris last month. Ban Ki-moon, the U.N. secretary-general, urged attendees at the Investor Summit on Climate Risk — including institutional investors, state treasurers and corporate executives — to at least double their climate-related investments within the next five years.
“I call on the investor community to build on the strong momentum from Paris and seize the opportunities for clean energy growth,” he told the group of investors, who together represent more than $22 trillion in financial assets. “Sustainable, clean energy is growing, but not nearly fast enough to prevent excessive global warming that would trigger profound economic disruption and human suffering.”
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