The United Nations climate chief has urged global financial institutions to triple their investments in clean energy to reach the $1 trillion a year mark that would help avert a climate catastrophe.

In an interview with the Guardian, the UN’s Christiana Figueres urged institutions to begin building the foundations of a clean energy economy by scaling up their investments.

Global investment in clean technologies is running at about $300bn a year – but that is nowhere where it needs to be, Figueres said.
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