As part of the Millennium Development Goals, Ban Ki-moon, the UN’s secretary general, urged leaders of the G20 to increase their investments in clean energy and the green economy.
“The risks — and costs — of inaction on climate change grow each year. The more we delay, the more we will pay,” he told leaders at the recent G20 Summit in Toronto.
Korea’s newly established global think tank on green growth strategies will play a key role in the launch of a U.N. high-level panel on global sustainability. The Global Green Growth Institute will operate in liaison with the global climate change summit in Rio De Janeiro scheduled for 2012.
The U.N. has also launched a high-level panel on climate change and will operate an advocacy group for the U.N.’s Millennium Development Goals.
Leaders of the world’s largest economies will meet again at the next G20 meeting, which is scheduled for November in South Korea.
The United Nations Climate Change Conference or COP 16 will be held in Cancún, Mexico, from 29 November to 10 December 2010.
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