UN Climate Chief Calls for $7 Trillion of Green Finance as World Faces Trump ‘Challenge’

The financial sector needs to show leadership by providing trillions of dollars for green growth projects, Patricia Espinosa, executive secretary of the UN Framework Convention on Climate Change (UNFCCC), today told a London audience.

Speaking at a public event at the London School of Economics (LSE), Espinosa highlighted “the gap of trillions of dollars that are still needed to truly transform our economic and social reality”.

She warned that achieving the Sustainable Development Goals (SDGs), which include climate goals, required finance of $5 trillion to $7 trillion a year – a target which is far from being met.