$100 Billion Yearly to Tackle Climate Change

THE 193-Member United Nations General Assembly formally adopted the 2030 Agenda for Sustainable Development last Friday, along with a set of bold new Sustainable Development Goals.

UN members set a goal to release $100 billion annually to tackle climate change by 2020. With the plans including plans energy efficiency improvement goals.

The World Energy Council welcomed the inclusion of the energy goal. Christoph Frei, the Council’s Secretary General said: “The adoption of energy among sustainable development goals is timely, critical and historic. 

“Timely because we need to master the energy transition at a time of greatest uncertainty in the energy sector. Critical because we will not solve energy access or achieve energy efficiency objectives without moving the agenda from those who want to those who can.  And historic, because the development community for the first time recognises the fundamental role energy is playing in the achievement of most of the other sustainable development goals.”

The World Energy Council also says it will continue to support the UN by engaging global energy leaders to create the right policy signals,  to scale up new business models and to collaborate on regional integration projects that will deliver on a sustainable energy future.”

UN Secretary-General Ban Ki-moon hailed the adoption as a universal, integrated and transformative vision for a better world, “The new agenda is a promise by leaders to all people everywhere. It is an agenda for people, to end poverty in all its forms – an agenda for the planet, our common home,” declared Ban as he opened the UN Sustainable Development Summit which kicked off today and wraps up Sunday.

Speaking to the press after the adoption of the Agenda, Ban said: “These Goals are a blueprint for a better future. Now we must use the goals to transform the world. We will do that through partnership and through commitment. We must leave no-one behind.”

Picture from U.N.

Monday 28th September 2015

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