Recognizing that transformation of the global energy system forms the backbone of climate action, hundreds of governments, businesses, and cities are making strong commitments to accelerate the energy transition. With the adoption of the Sustainable Development Goal 7 on energy, renewable energy, energy efficiency, and energy access, the international community set itself a clear roadmap towards a clean energy, sustainable future.
The world currently invests $9 billion a year on energy access, but $ 49.4 billion and more cooperation are needed to achieve universal access. Some 775 companies, more than 130 national, regional and local governments and over 100 financial institutions are committing to ramping up renewable energy and energy efficiency measures and investments under the Sustainable Energy for All (SE4All) initiative's '100/100/100' campaign. Read more at http://newsroom.unfccc.int/