UN Chief seeks investment in renewable energy

NEW YORK: UN Secretary-General Antonio Guterres has termed renewable energy as “the peace plan of the 21st century”, as he underscored the need for abandoning the funding of fossil fuel funding.
The UN chief was speaking at the Sixth Austrian World Summit on the climate crisis, convened by the Austrian Government and former Governor of California and Hollywood actor turned climate activist, Arnold Schwarzenegger, in Vienna.
Guterres repeated his call for G20 leading economies to “dismantle coal infrastructure, with a full phase-out by 2030 for OECD countries and 2040 for all others.” “The only true path to energy security, stable power prices, prosperity and a liveable planet lies in abandoning polluting fossil fuels, especially coal, and accelerating the renewables-based energy transition”, he declared. –Agencies