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Clean energy pledges at Rio Conference

The commitments from the private sector totaled over $50 billion, according to the UN

Rio+20 summit: UN chief Ban Ki-moon unveils clean energy pledges, investments Economic Times, 22 June 12RIO DE JANEIRO: UN Secretary General Ban Ki-moon said on Thursday that more than 50 governments have launched new energy strategies, while private investors have pledged more than $50 billion to help carry out his goal to double the share of global renewable energy and the rate of energy efficiency improvement by 2030.

The UN chief unveiled these commitments to his “Sustainable Energy For
All” initiative at the Rio+20 UN development conference in Brazil, the
first public pledges made to the program since its launch in September
2011.

“This initiative is already mobilizing significant action from all
sectors of society. Working together, we can provide solutions that
drive economic growth, expand equity and reduce the risks of climate
change,” Ban said.

The initiative aims to transform the world’s energy systems to ensure
universal access to modern energy services by 2030 and is one of the
key outcomes Ban has been keen to highlight before the conclusion of
the Rio summit.

At a press conference on Thursday, Kandeh Yumkella, Director-General
of the UN Industrial Development Organization and co-chair of Ban’s
high-level working group on the project, said the initiative was a way
to ensure that 1.3 billion people will gain access to clean energy and
to ensure that sustainable development stays on the agenda even after
the Rio talks close….. The commitments from the private sector
totaled over $50 billion, according to the UN
http://economictimes.indiatimes.com/environment/developmental-issues/rio20-summit-un-chief-ban-ki-moon-unveils-clean-energy-pledges-investments/articleshow/14344606.cms

June 23, 2012 - Posted by Christina Macpherson | 2 WORLD, renewable