UN announces $1.6 trillion investment in crucial project: 'How future generations experience prosperity'

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By Kate Saxton, The Cool Down. 

Excerpt: The United Nations recently announced that more than $1 trillion has been invested in its Energy Compact...an initiative by countries, companies, and organizations under the UN to invest in clean energy, improve electricity access, and promote clean cooking. The latest Energy Compacts Annual Progress Report showed that $1.6 trillion has been invested, with $284 billion put to action since 2021, according to Power Technology.  The report revealed that approximately 285 million people have benefited from the agreement, with better access to clean energy. ...Additionally, 2.8 million electric vehicles were added, along with more than 300,000 EV charging stations. However, the report also stated that more than $4 trillion is needed annually to cover global needs for electricity and clean cooking. It showed that 660 million people have no access to electricity and that more than 2 billion rely on polluting cooking methods. Experts say that increasing the investment is more likely to help the UN meet its goal of achieving net zero carbon pollution by 2050.... 

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