UN seeks more global collaboration against climate change

The UN Secretary-General Ban Ki-moon has said the international communities have to raise actions and ambitions to help the transformation for a green growth, which will require innovation, investment and collaboration by all partners.

"Achieving a clean energy transformation will need the combined efforts of governments, multilateral investment banks, private finance, civil society, the knowledge community and the private sector," Ban said here Tuesday during a keynote speech at the closing session of the annual Global Green Growth Forum (3GF).

Ban mentioned that he launched in September 2011 the Sustainable Energy for All initiative, which aims to achieve three inter-linked global targets by 2030: universal access to modern energy services; the doubling of energy efficiency; and the doubling of the share of renewable energy in the world's energy mix, Xinhua reported.

Ban asked leaders to bring solutions and initiatives with targets and investment plans.

He also urged them to raise their level of ambition by scaling up the investments and financial flows necessary for making the transformation to a low-carbon economy.

"We need large amounts of capital for the rapid development of low-carbon infrastructure. We are seeing progress, but not fast enough. And not at sufficient scale,'' Ban said.

The UN chief said he is personally engaged in trying to move the financial actors, regularly meeting with financial actors and investors.