U.N. Secretary-General Demands $1.3 Trillion a Year to Fight ‘Climate Chaos’

United Nations Secretary-General António Guterres called for a massive increase in global climate spending, arguing that governments and financial institutions must devote significantly more resources to addressing climate-related challenges. In a special address at London Climate Action Week on Monday, Guterres said that governments must invest more heavily in climate-related initiatives. “We must do far more to protect people and communities from the here-and-now effects of climate chaos,” Guterres said. “Because even at full speed, we cannot outrun climate change. Its impacts are already here, compounding and cascading.” Guterres also highlighted Africa’s energy potential while arguing that the continent receives...