World leaders pledge $400 billion to boost clean energy and renewables


Source: dnyuz.com dnyuz.com

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A group of governments and the private sector on Friday collectively promised more than $400 billion (just over €340 billion) at a that called for more urgent action to curb catastrophic climate change . The commitments, made on the sidelines of the UN General Assembly in New York , also envisage reliable access to electricity for hundreds of millions of people. What are they promising? The pledges include projects to expand access to electricity in developing countries and improve energy efficiency. More than 35 countries — from small developing island states to major emerging and developed economies — have made...