Clean Energy Investment at Risk as UN Climate Talks Stall
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Clean energy investment that totaled $243 billion last year is at risk of slowing as talks on curbing greenhouse gas emissions bog down, said the United Nations official in charge of promoting industrial development.
Kandeh Yumkella, director general of the UN Industrial Development Organization, said $40 billion a year is needed through 2030 to bring basic energy to 3 billion people, and part of those funds are linked to the outcome of 192-nation negotiations on global warming that hit a roadblock in Bangkok this week.